Practical Implementation of the Amended BBBEE Codes
Strategic implementation of B-BBEE using the Amended Codes is vital to achieve a high BEE score. The impact of the Amended Codes will be substantial, a current level 4 generic could quite practically drop to a level 8 or even non-compliant. Companies worse than a level 6 on the old codes will likely become non-compliant.
The good news is that EconoBEE has a solution that is both practical and very achievable.
Phase 1. Understanding the Amended Codes with a particular interest in understanding what your company can implement. During EconoBEE’s Practical Implementation of the Amended Codes full day seminar we will cover activities and action plans in great detail. At the end you will not only understand the Amended Codes but know how they can be implemented.
Phase 2. Impact Analysis. Convert the current data into an Amended Codes scorecard. This will show you where your business is being impacted. Once done, identify gaps to earn additional points. A detailed strategy with an achievable action plan should be drafted which must take into account details about your business. EconoBEE’s EconoBEE V4 software is a cost effective scorecard calculation tool which has been updated to include the Amended Codes. This software will help you calculate your scorecard using the Amended Codes. This information will help you identify gaps and potential solutions.
Alternatively EconoBEE
through our Managed Service will proactively manage your BEE status. Our consultants will assist you throughout the BEE process which will ensure you achieve a higher BEE score without the admin burden on your business.
Phase 3. Implementation. Activities on the scorecard need to be implemented sustainably. In each instance it must make complete business sense. EconoBEE is able to assist you practically with implementation. Our assistance relates to all elements and will be managed on a project basis or long term retainer.
Phase 1 – Practical Implementation of the Amended B-BBEE Codes
Our experts have not only gathered an immense amount of knowledge on this topic but they have already implemented and calculated scorecards using the Amended Codes for many different organisations. As a result they are able to give you –
How to earn points using the Amended Codes
Answers to specific questions around your requirements
Strategies, interpretation and implementation
Best practice and methodology
Gap Analysis
Planning for your next verification
Practical Exercise: How to develop your BEE profile, BEE policy and policies for each element
Practical Exercise: Calculating your own BEE scorecard
Date:
15th June – Durban – Protea Hotel Umhlanga Ridge
22nd June – Cape Town – Belmont Conference Centre
25th June 2015 – JHB – 435 Rugby Ave, Ferndale
We will be hosting additional events based on demand. In-house presentations available on request to a minimum of 10 delegates.
While there is demand for a BBBEE Scorecard someone will be taking advantage, shouldn’t that someone be you…
Remember BEE Points = Happy Customers
That’s it for the time being. Regards Gavin and the EconoBEE Team
About EconoBEE
EconoBEE assists companies prepare their BEE Scorecard for Verification by offering consulting & advisory services, management tools and training courses. This ensures a cost effective and efficient approach to becoming BEE compliant.
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