A Knowledge Strategy
A Knowledge Strategy
A Knowledge Strategy
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2.2.2 National Skills Development <strong>Strategy</strong><br />
The DBSA is committed to playing a critical role in the implementation of the<br />
National Skills Development <strong>Strategy</strong> (NSDS), launched under the auspices of the<br />
Department of Labour, by actively building the capacity in the public services<br />
sector. In going beyond mere compliance with the Skills Development Act, the<br />
Bank is in a position to provide appropriate platforms and, by drawing on existing<br />
networks, to facilitate improved capacity in the public sector for delivery of their<br />
development projects.<br />
2.2.3 Municipalities and local authorities<br />
As an existing large and loyal client base, a substantial number of South African<br />
municipalities collectively constitute the foremost segment of the Bank’s potential<br />
local market for knowledge products and services. Skills at the municipal level,<br />
other than at large metropolitans, are inadequate. There is little, if any, integration<br />
of learning and knowledge building initiatives. Through its technical assistance<br />
programmes, the Bank has established expertise in the delivery of capacity<br />
building programmes to clients and now has an opportunity to expand further<br />
into second and third-tier government through the deployment of existing<br />
knowledge services and products.<br />
2.2.4 Southern African Development Community<br />
Efforts by the Bank to grow its markets and become an international player make<br />
the Southern African Development Community (SADC) a strategically important<br />
market for its knowledge products and services. There are few development<br />
orientated qualifications and training opportunities of merit available to aspirant<br />
students or professionals interested in development in Africa. Over the past few<br />
years, delegates from SADC have attended courses and seminars in public<br />
development hosted by the DBSA. Recently, the DBSA has delivered capacitybuilding<br />
initiatives to delegates from Rwanda and Tanzania.<br />
2.2.5 Differentiation strategy<br />
The DBSA has adopted a generic differentiation strategy to gain competitive<br />
advantage. This seeks to create unique added value for its target market that cannot<br />
be easily replicated by competitors. Obviously the market determines the relative<br />
value of these products and services based on the extent to which they are of benefit.<br />
The DBSA’s unique source of differentiation is to be established by expanding<br />
and exploiting existing knowledge, expertise and networks and by realising the<br />
synergy of partnerships to achieve a greater impact in sustainable development.<br />
10 Development Bank of Southern Africa