Detailed Report - Nedbank Group Limited

More documents

Recommendations

Info

membersarehandsonoperatorsandhavegrownthebusinessoperationssteadilysinceinception.NedbankBusinessBankingprovidedaninnovativesolutionoffinancialassistanceandtrainingtothecooperative.Thisassistancewillenablethecooperativetoincreaseproductionfrom600birdspersixweekcycleto4000birdspersixweekcycle.Sustainabilityisfurtheraugmentedthroughthemembers’diversificationintomanufactureuniquecraftsandmaintainingavegetablegarden,tosupplementandgrowthepoultryoperations.Nonprofitorganisationsthatfacilitateemploymentopportunitiesforruralcommunities.Nedbankviewstheroleofnonprofitorganisationsasakeyroleplayerinthequestforjobcreationinthecountry.AnexampleofasuccessfulinterventionistheassistanceprovidedtoanonprofitorganisationthatfocusesondevelopmentandsupportacrossruralKwaZuluNatal.Theirkeyfunctionistofacilitatemarketaccessthroughcreatingpartnershipswithruralandothermarginalisedcommunities.Thisinitiativedemonstratesavaluechainapproachtointegratingcommunityskillsintosustainableemploymentandincomegenerationopportunities.Nedbankprovidedfundingfortheintervention.Trainingandsupportwillbeprovidedastheentrepreneursandthesitesevolveandgrowacrossthebusinesslifecyclestages.520beneficiarieswillbeimpactedthroughthisinterventionwith316jobssupportedandcreated.SMEIncubatorsNedbanksupportsandhasarrangementswithvariousSMEincubatorprogrammesthatfocusonempoweringbusinessestobecomesustainable,jobcreatingenterprises.Onesuchexampleofsuchpartnershipsisanincubatorthatwasimplemented.NedbankpartneredwithacorporatetoimplementanEntrepreneurialTrainingandDevelopmentInitiativein2010.Theprogrammefocusesoncreatingsustainableenterprisesbyprovidingrelevantentrepreneurialknowledge,skillsandmentorship.Nedbankprovidedfundingandfinancialmanagementtraining.Additionalassistancewasprovidedfortheprogrammefor2011intheformofnonrecoverablefundingtoenablemoreentrepreneurstoparticipateintheprogrammein2011.CapacityBuilding,Training,Mentorship,BusinessToolsNedbankofferscustomisedtrainingsolutionsthroughleadingaccreditedtraininginstitutesandserviceprovidersinvariousareasofexpertiseforthepurposeofempoweringtheentrepreneurtorunthebusinessefficiently.Thisextendstocapacitybuilding,training,mentorshipandspecialistassistance.Mentorshipisaimedatguiding,counsellingandprovidingspecialistandtechnicaladvicetotheentrepreneur,throughtheassistanceofinformedandexperiencedbusinessmentors.Clientswereabletoaddressproblemsthroughsuchmentorshipandtraininginterventions.PublicsectorprogrammesNedbankparticipatesinvariousprogrammesthatarestructuredtoaddresscriticalgapsthroughtrainingandcapacitybuilding.Variousinterventionsweresuccessfullyimplementedwithpublicsector/governmentdepartmentsthroughSMEsupportanddevelopment.Theprogrammeswereimplementedtoofferholisticsolutionsforqualifyingbusinessesandentrepreneurs.Theinterventionsofferedbusinessskillstraining,mentorshipandtransferofacumentoensurethattheorycanbepracticallyappliedintotherespectivebusinesses.Theobjectivesoftheinterventionsweretoassistentrepreneurstounpackbusinessopportunities/strengths,understandbarrierstoentry,operational,infrastructureandfinanceissues.NedbankGroupTransformationReport2011–FinalDraft.31
RetailFreeBusinessManagementSeminars–SmallBusinessServicesTheBusinessSeminarsarespecificallydesignedtofocusonsmallbusinessownersinthestartupphaseofbusinessnamelybusinessyoungerthantwoyears.Thesearehostedtwiceperannuminmajormetropolitanareasaswellasotheroutlyingareas.Theyareopentoanysmallbusinessownerwantingtoattendtheobjectiveistoaddvalueandgrowthesuccessofbusinessownersspecificallyinthestartupphase.Topicsareverypracticalrangingfromcashflowandfinancetomarketingandsalesandthesearepresentedbyexpertsintheirfields.In2011atotalof28seminarswereheldaroundthecountryin16distinctareas(seetablebelow),someplaceswereonlyvisitedonce.Theseminarsaregenerallyoversubscribed.ProvinceNoofseatsbookedFirstphaseMay SecondphaseOct TotalTotalCostEasternCape 300 300 600 R310499FreeState 300 300 R155250Gauteng 2000 2200 4200 R2173495KZN 600 600 1200 R620999Limpopo 0 R0Mpumalanga 200 300 500 R258749NorthWest 0 R0NorthernCape 0 R0WesternCape 600 600 1200 R620999Total 4000 4000 8000 R4139990Table6a:SmallBusinessSeminarsconductedBusinessEnablerTheproductisaimedatclientswhoareeithernotaccustomedtobusinessbankingorwhotraditionallywouldnotqualifyforafullyfledgebusinessbankingaccountwithoverdraftfacilitatesandaccesstochequebooksandcards.Theofferingofsolutionstoourclientsbasedon“Iknowyou”philosophycapabilitywithintheRetailclustertoservehouseholdsaswellasentrepreneursandbusinessonanintegratedclient–centredbasis.SmallBusinessServices’focusareaistoensurethattheRetailRelationshipBankingisimplementedwhichisthecombinationofbusinessservicesandprivatebankingconcept.‘FixMyBiz’Nedbankpartneredwith‘FixMyBiz’oneTV.‘FixMyBiz’exposessmallbusinessesthatareexperiencingchallengesincertainareastoexpertadvice.Throughthehelpofbusinessconsultants,theshowgavepracticaladviceonfixingtheirbusinesswhichwillhelpmakethemmoresuccessful.Throughtheshowviewerswhowanttostartabusinessorcurrentbusinessowners,aregivenpracticalpointerskeytorunningasuccessfulbusiness–thereforegrowingbusinessskill,competenceandconfidence.ExtendedPublicWorksProgrammeTheextendedpublicworksprogramme(EPWP)isaninitiativeoftheDepartmentofPublicWorks.AspartofthisinitiativethedepartmenthaslaunchedtheVuk’UphileLearnershipProgramme.Nedbankhasbeenappointedasthefinancialproviderfortheimplementationofthisprogramme,furthertothisNedbankhassignedaMemorandumofAgreement(MOA)withthedepartmentofPublicWorks.NedbankGroupTransformationReport2011–FinalDraft.32
Page 1 and 2: DetailedReport1.OwnershipNedbank’
Page 3 and 4: ValuecreatedThefollowingtabledepict
Page 5 and 6: Notes:IntermsofNedbankGrouppolicy,a
Page 7 and 8: StatsSA,inresponsetoaprevioustalkby
Page 9 and 10: Thecampaignincludedthefollowinginit
Page 11 and 12: NedbankGrEmploymenOccuTopManagemSen
Page 13 and 14: NedbankGrTable4a:SkCategorySkillsEx
Page 15 and 16: 2. LearningProgrammesa) NedbankGrad
Page 17 and 18: 3. EducationAssistancea) Internalbu
Page 19 and 20: AcademiesandCoachingforGrowtha) Aca
Page 21 and 22: NedbankGr3. SMThemesettSMma600woout
Page 23: 6.EnterpriseDevelopmentEnterpriseDe
Page 27 and 28: NedbankGr7.SocIntermsoftscorecard,w
Page 29 and 30: NedbankGroupTransformationReport201
Page 31 and 32: UniversityofLimpopoUniversityofPret
Page 33 and 34: In2011theexistingmaterialwasreviewe
Page 35 and 36: 8.AccesstoFinancialServicesAlthough
Page 37 and 38: NedbankKeYonaNedbankunderstandsthat
Page 39 and 40: NedbankGroupTransformationReport201
Page 41 and 42: AgricultureDevelopmentprovincialtab
Page 43 and 44: BlackSMEprovincialtableanalysis:Val
Page 45 and 46: 9.EmpowermentFinancingConsistingoft
Page 47 and 48: significanthedgingfacilitiestoNeote

Detailed Report - Nedbank Group Limited

Create successful ePaper yourself

Delete template?

Save as template?