MIND THE GAP

Based on the recent Draft Amendments to Statement 400 of the General B-BBEE Codes of Good Practice, the Introduction of a Needs Analysis for Enterprise & Supplier Development initiatives are very much welcomed.

Clause 4.15 of the Draft Amendments to Statement 400 of the General B-BBEE Codes of Good Practice states the following:

Measured Entities who selects to comply with Enterprise Development and Supplier Development as well as those partnering with the Transformation Fund are required to submit a needs analysis, performance metric (with outputs and outcomes such as turnover growth, job growth, increased access to local and international markets, increase in profitability, greater innovation), and an annual Monitoring and Evaluation report (to B-BBEE authorities, inclusive of the Verification Agency) to verify their contributions and impact to the beneficiaries to ensure compliance with the ESD objectives.

A Needs Analysis is a formal, systematic process to identify and evaluate an organisation's business needs. It is specific to an individual or group of employees, customers, or B-BBEE Beneficiaries. Deficiencies identified in the outcome of such an analysis are often referred to as ‘gaps’. In other words, the difference between what is currently done and what should be done.

A Needs Analysis is vital for rolling out a successful Enterprise Development or Supplier Development programme. The BEE Chamber has created a generic template that members can easily adapt to suit their circumstances.

Enterprise & Supplier Development Services are available to assist members in creating a customised Needs Analysis template according to their gaps or needs.

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