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.