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Closing the Social Development Circle Presentation by Tracey Henry CEO: Tshikululu Social Investments

Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

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Presented during Tshikululu's first Serious Enterprise Development workshop, which took place on 6 October 2010. Tracey Henry (CEO, Tshikululu Social Investments) discusses best development practise.

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Page 1: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

Closing the Social

Development Circle

Presentation by Tracey HenryCEO: Tshikululu Social Investments

Page 2: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

THIS IS THE ‘WHY’

high levels of unemploymentpovertyinequalityskills shortage

(most of our country looks nothing like this)

Page 3: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

OUR CONTEXT IN NUMBERS

15 mil or 33%South Africans reliant on social grants

25.2%unemployment in South Africa stands at

discouraged workers included 32.4%65% without work longer than one year

Page 4: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

OUR CONTEXT IN NUMBERS

potential economically

active South Africans

66% aged 15-64 years

Page 5: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

OUR CONTEXT IN NUMBERS

6 mill

ion small

businesses in South Africa

reliant on a single owner 33%1 in 6 of these are registered only 1% employ 10+ people79% trade industriesservice providers21%47%

active banking

Page 6: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

OUR CONTEXT IN NUMBERS 1:5

women menour population is 52% female41% active working women

only 14.7% in executive leadership positions

Page 7: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

GOVERNMENTPROGRAMMES

RDP programme (1994)

GEAR programme (1996)

asgiSA

jipsa

industrial policy action plan 2

policy framework for labour-intense growth

BEE codes

sector charters

Page 8: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

CORPORATE RESPONSE

R5 billion was invested by corporates during the past year into development initiatives of which 7% or R350 million is related to enterprise development.

(2009 Trialogue CSI Handbook)

The target for corporates is to invest 3% of NPAT in enterprise development (Code 600).

Page 9: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

WHETHER YOU HAVE R100K OR R1 MILLION OR R100 MILLION TO INVEST IN ENTERPRISE DEVELOPMENT

WHERE DO YOU START?

• successful enterprise development is an integral part of the development continuum

• first response is basic skills training

• what does the community want, what does it need?

• track employability of graduates, offer ongoing support

Page 10: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

WHETHER YOU HAVE R100K OR R1 MILLION OR R100 MILLION TO INVEST IN ENTERPRISE DEVELOPMENT

WHERE DO YOU START?

• successful enterprise development is an integral part of the development continuum

basic skills training

self-help groups

enterprise development

Page 11: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

WHERE DO YOU START?(continued)

• self-help groups for modest income

• does the group address a social need or could it incubate budding entrepreneurs?

• micro-enterprises, small- and medium-sized ventures micro loans etc. are forms of enterprise development

Page 12: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

BACKING HUMAN ENDEAVOURS AND DREAMS

• who are the peoplebehind the project?

• manage risks upfront

• monitoring, evaluation, sharing lessons

• Will you select a generic- or industry-specific approach?

• will you fund Big Bets or Pipeline Projects?

• break down false barriers between enterprise development and social development

Page 13: Closing the social development circle - Tshikululu Serious Enterprise Development workshop 2010

www.tshikululu.org.za