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WBHO Construction and Enterprise Development
Posted by Daniel Makhura on 18 September 2017 5:45 AM SAST
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WBHO subscribed to the principle of small business development prior to legislative requirements. Research indicates that 93% of emerging construction contractors (SMMEs) are unable to sustain a business past a three-year period. Upon further investigation, it became clear that business/management knowledge was the missing ingredient that needed augmentation.
In direct response to this state of affairs, the WBHO Enterprise Development Programme (EDP) was formulated with the following objectives in mind:
Formally mentor emerging contractors in the construction industry.
Assist emerging contractors to become independent and sustainable.
Monitor and document the development of each entity (portfolio of evidence).
Ensure the scheme is feasible and simple to manage.
The focus of the EDP is on the development of the whole entity (the company and its employees), which helps ensure better overall sustainability and that more individuals benefit from the programme. As each entity develops, natural and sustainable job creation occurs.
The EDP model supports this development by identifying the right personnel within WBHO to mentor and guide the people performing the same roles within the emerging contractor. External training interventions by subject experts are also sponsored when specific needs are identified.
The explicit aim of the programme is to develop the protégé to achieve independent operational capacity at the maximum potential level of the company. The model is designed to ensure that the support that WBHO provides to the emerging contractor is slowly withdrawn, throughout the levels of development, in an agreed and structured way.
