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Concor Construction Enterprise Supplier Development
Posted by Daniel Makhura on 19 September 2017 4:10 AM SAST
More information about the above
Concor understands that building a business entails challenges and levels of untold sacrifices, before reaping any benefits. With this in mind, we have developed an Enterprise and Supplier Development (ESD) programme that is designed to contribute significantly to the transformation of the construction industry, through the development and advancement of Small, Medium and Micro Enterprises (SMMEs).
Our mandate is operationalised through an integrated programme which seeks to support, develop and mentor SMMEs, thus providing a solid springboard from which they can enhance their capabilities, grow their businesses and successfully compete in the market.
Established in 2010, the Concor ESD programme is implemented as a 5-year mentorship and training programme. The programme is self-funding and leverages time and resources of Concor employees and associated professionals to provide skills transfer and support as follows:
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General mentorship and coaching
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Specialised technical training
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Financial management and human resources training
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Access to office space, administrative support and transport
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Subsidised leasing of plant and equipment
Concor does not provide financial assistance or loans to ESD beneficiaries, but assists by facilitating access to financial institutions, provides references for beneficiaries and provides surety around future work. Concor also facilitates access to networking opportunities, exposing ESD beneficiaries to potential clients and suppliers.
Programme implementation is decentralised and relies on support from all business units. The mentorship programme is informed by the specific development needs of beneficiaries, and mentors are assigned if they have the requisite skills, areas of specialisation and based on their availability. Concor commits in excess of R70 million to the programme annually, which is calculated as a percentage of the mentor’s salary and the number of hours committed per month.
