SPONSORED | The scale of transformation required in SA calls for hyper-collaboration, writes Sanlam’s Ray-Ann Sedres. ArenaEventsZA
The third Sanlam Transformation Gauge, a research report that takes a holistic measurement of economic transformation in SA, has scored SA Inc as a low level three. A key theme that emerged again was that the broad-based BEE system is not representative of the state of transformation in the workplace. In fact, this is far behind what scorecards reflect.
Now is the time for transformation by deliberate design. We need a big-picture vision that takes a broader view of transformation, with long-term structural change as the goal. We need new ways to measure success by impact, not just input. It has an opportunity to serve as an inclusivity champion and uplift the previously disadvantaged and excluded members of society — enabling access and participation in financial services.Sanlam has a huge bank of expertise it can leverage to move the needle. For example, more than 70% of jobs are generated by small, medium and micro enterprises in emerging economies, contributing up to 40% to a country's GDP.
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