We are a Consultancy Company Specialising In Training And Development Of Individuals And Organizations.
New Business Initiative is a management consultancy specializing in training development of individuals and organizations. We deliver an outstanding service to our customers and we are enjoying serious growth as a leading player in our field. We are here to help you to find inspiration and new ideas as we challenge your thinking and find solutions to your business problems through breaking the traditional way of thinking and doing things. We envision a world where all people even in the most remote areas of the country hold power to create opportunities for themselves and others We believe that our client’s success is our success; we believe in professionalism, we consistently maintain high standards for service and consultants to be always able to bring the best team on every single project. We value training and we believe we can create an opportunity that every person can achieve his/her fullest potential and participate in and contribute to all aspects of life. We must constantly re-educate and re-invent ourselves. We must develop our minds and continually sharpen and invest in development of our competencies to avoid becoming obsolete. Competition is fierce and survival is at stake. When there is a need to change, not to change is destructive.
To offer our clients reliable, high-quality and cost-effective consulting services for various business purposes.
To transform our clients into effective, exceptional and inspirational leaders.
To help each of our clients to becoming an effective functioning individual who is equipped with personal skills, able to adapt to changing working life demands, possessing a variety of coping skills, and problems solving and decision making skills essential for today’s business survival.
The African Region is now living in an interesting era: the process of change from the "old economy" to the "global new economy" brings a tremendous development growth of e-commerce, mobility of capital, and liberalization to the region. Since the new global economy brings new economics, new market structures, new industry structures, and new company structures, the profile of customers has also changed. Customers are evolving from "solution demander" to "value demander," and from "clients" to "business partners." The world has changed dramatically over the years. Life is more complex, more stressful and more demanding now. To be precise, we have transitioned from the Industrial Age into Information/ Knowledge Worker Age with all of its profound consequences. Currently, we face challenges and problems in our personal lives, our families, and our organizations, unimagined even one or two decades ago. New Business Initiative Management Consultancy is proactively focused on establishing relationships with multiple digital contents, companies, government institutions, academic institutions, NGO’s, SME’s and individual customers as its prospective business partners
What is BEE? Someone may wonder what this means especially if they are not in business. Basically, BEE is Black Economic Empowerment which is a racially inclusive initiative by the government of South Africa to redress the inequalities brought during apartheid. This program seeks to offer Africans, that is blacks, Asians, and coloureds citizens of South Africa, equal opportunities accorded to whites as affirmative action. BBBEE, on the other hand, is the Broad-Based Black Economic Empowerment which is responsible for the implementation of BEE as it provides the legal legislative framework for its implementation.
Although there are no direct financial penalties that could be applied to non-BEE compliant businesses, the system ensures that procurement managers and buyers will favor businesses that are compliant since that enhances their own BEE Scorecard under the Preferential Procurement element provisions. To be BEE complaint depends on the score and procurement recognition you get as a business. 100% owned black EME are level 1 compliant which translates to 135% procurement recognition. What this means is that with an annual turnover of between R10 million and R50 million, you are categorized as a Qualifying Small Enterprise (QSE). Check out the following levels and their explained procurement qualifications. They explain the BEE contribution level, the scorecard points, and procurement recognition percentage.
The BEE scorecard is an important element in any business in South Africa. Business owners are advised to understand the scoring for their own good. This is because the higher your BEE score, the higher the chances of your business gaining from different opportunities. As already described above, the scores are given based on different weighted elements. Apart from ownership, other areas that are looked into include management, employment equity, skills development, enterprise development, preferential procurement, and socio-economic development. The new BBBEE level came into existence in 2013. Although there are slight variations, the basics remain the same. For instance, BBBEE level 1 contributor must have attained 100 points on the generic scorecard to attain a recognition level of 135%.
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Is to generate a significant increase in company sales and profits through the delivery of management consulting, marketing consulting, market research and industrial analysis, feasibility studies, and strategic analysis and reporting services, compared to the preceding year.
Is to think for our customers and have a good knowledge of what they need and deliver a service that provides a competitive edge.
We look for innovative ways to solve problems that your business may face. From financial to structural issues we have a holistic approach to helping your business grow, Adapt and Flourish in your specific industry.
