Enterprise and supplier development (ESD) is important to South Africa’s economic future. South Africa requires an economy that create jobs, reduce inequality and alleviate poverty and Small, Medium and Micro Enterprises (SMME) can play a key role in achieving this goal. They are more conducive to innovation given their organisational dexterity, capable of serving consumer […]
Activities & Initiatives, Approach, Plan & Method, Economic Development, Enterprise Development, Insights, Planning & Strategy, Supplier Development
Crafting an effective enterprise and supplier development (ESD) strategy is a multi-dimensional process where each formulation stage informs the other. A driving thought of developing the right strategy for a chosen supplier is finding the areas where strategic sourcing and economic development can create opportunities for inclusion. Designing a strategy can occur in three distinct […]
Challenges & Opportunities, Enterprise Development, Insights, Planning & Strategy, Supplier Development
Enterprise and supplier development (ESD) within South Africa faces unique restrictions, particularly previously disadvantaged entrepreneurs. While apartheid itself is firmly in the rear view mirror of the past, the structural imbalances it produced in South Africa’s economy, both intentional and unforeseen, still persist today. The purpose of South Africa’s policy framework, which targets enterprise and […]
