Transcript Document

The BANKSETA welcomes its partners
1. Opening
Richard Plant (MC)
2. Chairman’s Welcome
Sipho Ngidi
3. BANKSETA Future Strategies
Frank Groenewald
4. Closure
Richard Plant
BANKSETA
2005-2010 Strategic Focus
Frank Groenewald
20 May 2005
If you want to make GOD Laugh,
tell him your future plans.
(Woody Allen)
The big question
What should we be?
What should we do?
Are we adding value to our
stakeholders?
Objectives of the Skills
Development Act
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Developing a culture of high quality lifelong
learning;
Fostering skills development in the formal
economy for productivity and employment growth;
Stimulating and supporting skills development in
small businesses;
Assisting new entrants into employment;
Objectives of the Skills
Development Act
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To make South Africa a more equal place for
everyone;
Stimulate and support skills development in
SMME’s;
Improve employment prospects for previously
disadvantage persons and Assist new entrants into
the labour market;
Promote opportunities for skills development in
development initiatives.
Objectives of the South African
Qualifications Authority Act
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Integrated National Framework
Facilitate access, mobility and progression with
Education & Training
Enhance Quality of Education & Training
Accelerate the redress of past discrimination in
Education & Training
Full personal development of each learner
Social & economic development of the nation at
large
Stakeholders
1. Business
2. Labour
3. Government / Departments of Labour, Education and
Finance, Trade and Industry
4. Parliament and Portfolio Committees
5. NSA
6. NGOs / CBOs and Youth organisations
7. Unemployed
8. Education and training providers
9. Consultants / Vendors
Many Voices = Many needs
1. Social transformation
2. Employment creation
3. Employability
4. Poverty alleviation / eradication
5. Skills development
6. Charter implementation
7. HIV/Aids education
8. Crime prevention
9. Adult Basic education
10. Consumer education
11. Access to Learning
Mission statement
To promote and give effect to legislation
by establishing an education, training and
development framework to enable
stakeholders to advance the national
and global position of the banking sector.
BANKSETA Success Factors
• Committed and Informed Sector
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Competent Council/Board providing strategic
direction.
Strong culture of corporate governance,
ownership and ethics.
Clear vision, strategies and objectives.
Knowledgeable, competent, committed staff.
Strong culture of needs driven delivering.
Strong focus on evaluation and feedback
Principles of Operations
1. Accelerate social transformation through skills
development: (85%,Black, 54% women, 4%
disabled.)
2. Leverage the skills levy funds for the strategic benefit
of the sector and the NSDS
3. Be cost-effective and co-source non-core delivery
mechanisms.
4. Employ leading edge technology and best business
practices.
5. Conduct research and benchmarking in order to
improve the sector’s competitiveness through skills
development.
6. Be a hub for sector collaboration.
Governance - BANKSETA Council
Employer Forum
 Sipho Ngidi
 Lawrence Mlotshwa
 Sheila Motsepe
 Bennie Anderson
 Hennie Ferreira
 Vacant
SBSA
 Eugene Ebersohn
 Ben Venter
 Eugene Zeeman
 Joe Kokela
 Trevor Dell
 Ntombo Nkonki-Mati
SASBO (Deputy Chair)
(Chair Person)
ABSA
SARB
FNB
MFSA
Nedcor
Employee Forum
SASBO
IBSA
SASBO
SASBO
SASBO
Governance
Fully constituted Council
Constitution and Code of conduct
Public Finance Management Act (PFMA)
King ll
Audit Committee and Finance committees
Internal Audit ( Gobodo)
Unqualified Audit Reports x4 ( Auditor General)
External Expertise (Chief Financial Officer and Audit
managers from big banks)
Remuneration Committee
Formally agreed processes
Annual research conducted by experts
Business & Labour represented
Customer satisfaction Survey 2004
Customer satisfaction Survey 2004
Words used to describe the BANKSETA
Energetic, Quick to adapt to change, Dedicated,
Reliable, Ethical, Relevant, Adds value, Properly skilled,
Helpful, Always there and willing to assist, Dynamic,
Entrepreneurial, Professional, Committed, Dedicated,
Loyal, Warm, Friendly, Very objective and fair,
Sometimes a little impatient, Effective and focused on
delivery, Good balance between task and people focus,
Smart, Lean, Ability to follow through, Very good
executor
Strategy setting
in the BANKSETA
environment
Strategy Process
1. Collect and interpret information
2. Develop strategies
3. Implement Strategies
4. Evaluate Strategies
Strategy Process
Step 1
Collect and interpret information
1. International (Trends on Finance, Banking and
People development)
2. National (GDS, NSDS, EE, BEE and Current
and Future focus areas)
3. Sectoral Initiatives ( FSC, IIP)
4. Stakeholders (Business, Labour, Youth,
Providers, Learners)
NATIONAL ISSUES FACING
THE SECTOR
• State of the Nation address
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• Unemployment
• Poverty alleviation
• Employment Equity
• Broad Based Black Economic Empowerment
HIV/AIDS
Lack of available skilled resources
Challenges in supply side of educated labour
Transformation
Financial Sector Charter
BANKSETA Scope
 Central banking
 Discount houses, commercial and other
banking
 Building Societies
 Financial mediation
 Lease financing
 Securities dealings
 Activities ancillary to financial mediation
Stakeholders
1. Business
2. Labour
3. Government / Departments of Labour, Education and
Finance, Trade and Industry
4. Parliament and Portfolio Committees
5. NSA
6. NGOs / CBOs and Youth organisations
7. Unemployed
8. Education and training providers
9. Consultants / Vendors
Many Voices = Many needs
1. Social transformation
2. Employment creation
3. Employability
4. Poverty alleviation / eradication
5. Skills development
6. Charter implementation
7. HIV/Aids education
8. Crime prevention
9. Adult Basic education
10. Consumer education
11. Access to Learning
Sectoral issues to
be considered
Finance Sector Charter
Transformation Charter; developed voluntarily by
sector and sets Principle and Targets for EE and BEE
implementation
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Access To Financial Services, unbanked
Human Resource Development
Procurement Policies
Enterprise Development
Empowerment Financing
Ownership In Financial Sector
Control In Financial Sector
Shareholder Activism
Corporate Social Investment
Banking Sector Employment
Trends
1. Shrinking employment (Previously) - now stable
2. Professionals and Associated Professionals in the
broader banking sector
• Movement 30% to 40 % in 2 years
3. Employment by race
• 5% increase in Africans
• 1% increase in Coloureds
• 3% increase in Indians
• 9% decrease in Whites
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Compared to 2001 data
SKILLS DEVELOPMENT
PRIORITY AREAS (critical)
1. Information Technology related skills development
2. Management and Leadership skills development
3. Customer Interface related skills development
4. Specialist Financial skills development
5. Legislative Compliance relates skills development
Legislation and
Regulation
Funding for 2005 - 2010
Mandatory Grant
50%
(R 100 M) MUST
Discretionary Grants
20%
(R 40 M) MAY
Operational Funds
10%
( R 20 M)
National skills Fund
(R 40 M)
5% escalation from 2006-2010
20%
Funding for 2005 - 2010
•Mandatory Grant
50%
• Workplace skills plans
• Implementation Reports
•Discretionary Grants
20%
• Sector strategies
• NSDS grants
•Operational Funds
•National skills Fund
10%
20%
• “NSA via NSF” Funding Windows
Strategy Process
Step 2
Develop strategies
Objectives
Future Strategic Focus
(Sector and National-NSDS)
1. Finance Sector Charter
2. Youth development
3. Consumer Education
4. SMME Development
5. Research, Benchmarking and
Communication
Objective 1:
The Finance Sector Charter
The BANKSETA will support the implementation of the
Financial Sector Charter by creating Projects,
initiatives and funding windows that will enable the
development of employed people, unemployed
potential employees and consumers
Strategy Process
Step 3
Implement Strategies
Business plan
SMMEs – (Example)
1. Site / Workplace visits
2. Simplified workplace skills plans and reports
• Internet submissions
• Telephone submissions
• Call center submissions
3. Simplified mandatory grant claims process
4. Training Voucher scheme
5. Micro Finance skills project -Training Material
6. Research and benchmarking grants
BANKSETA
Strategy matrix
Objective 1
Research,
Consumer
Benchmarking
Education and
and
Financial
Communicatio
Literacy
n
SECTOR
Finance
Sector
Charter
SMME
Development
and Support
Youth
Development
NSDS
A
B
C
D
E
Career
Guidance,
(seminar,
training ,
Career-pathing)
Village
Banking
Development
project, (Staff
and Board
development)
SARATOGA
Prioritizing
and
communica
ting critical
skills for
sustainable
growth,
developme
nt and
Skills Audit
- Banking
Skills Audit Micro
Finance
Financial
Sector
Charter
data
collection
Skills Audit –
Village
Banking
ASTD
International
Conference
Objective 2
SECTOR
Finance Sector
Charter
SMME Development
and Support
Youth Development
Research,
Benchmarking
and
Communication
NSDS
A
B
C
E
Women's
Development
programme
SMME development
support (Voucher
system)
Skills Audit SSP
Integration
Continuing
Professional
Development
(18.1) learnerships scarce skills
Mandatory grant
system
communication
and
implementation.
Masters Bursary
Scheme for
Employed people
A qualitative and
quantitative
analysis of BEE
companies in the
banking sector.
Promoting and
accelerating
quality training
for all in the
workplace.
International
Exchange
Programme
IIP SMME Support
(voucher system)
Workshops ROI
IIP
Implementation
and support
BEE Providers
(Capacity building)
ABET needs
analysis
Objective 3
SECTOR
Finance
Sector
Charter
SMME
Development
and Support
Youth
Development
Consumer
Education and
Financial
Literacy
NSDS
A
B
C
D
Objective 3:
Promoting
employability and
sustainable
livelihoods
through skills
development.
ABET
(Financial
literacy)
Research,
Benchmarking
and
Communication
E
ABET
(RESEACH
and
PLANNING)
Objective 4
SECTOR
Finance Sector Charter
Youth Development
NSDS
A
C
(18.2) learnerships :
Letsema
(18.2) Niche learnerships scarce skills
Bursaries for unemployed
Objective 4: Assisting
designated groups, new
entrants (work-based
programmes).
New Venture Creation
learnership
Objective 5
SECTOR
SMME Development
and Support
Youth
Development
Consumer
Education and
Financial
Literacy
NSDS
B
C
D
E
Bridging
programme
Financial
literacy
project
(Labour
office)
Centre of
Excellence
Borrower
Education
Project
PPP New
Venture Creation
provider
ETQA: Quality
Assurance
Improvement
Improving the
quality and
relevance of
ETQA: External
provision
Moderation
Research,
Benchmarking and
Communication
Discretionary Grants
1. Funding Windows Approach
18.1 Learnerships – scarce skills March to May
18.2 Learnerships – Letsema
N/A
18.2 Learnerships – scarce skills March to May
2. Request for Proposals Approach
Centres of Excellence support July to September
Strategy Process
Step 4
Evaluate Strategies
Gap Analysis
Customer Satisfaction Survey/
Board Reporting
Quarterly Reporting to DoL / Treasury
BANKSETA Biggest Threats
1.
2.
3.
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Lack of focus
Many small initiatives / no critical mass
Negative public perception
Unrealistic expectations (Cannot be all things
to all people)
5. Unrealistic performance expectation in
relation to the NSDS
The Future
Operational
• Governance
• Human Resource Practices and People
• Investor in People
• Project management approach
• BEE (specific focus on procurement)
Strategic (Sector and National-NSDS)
• Transformation
• Finance Sector Charter
• SMME Development
• Youth development
• Consumer Education (Broad interpretation)
• National Skills Development Strategy
THANK YOU
BANKSETA
THORNHILL OFFICE PARK
BLOCK NO. 15 BEKKER ROAD
MIDRAND 1685
Call Centre 086 102 0002
TEL 011 805 9661
FAX 011 805 8348
WEBSITE www.bankseta.org.za