WHAT IS A BEE PLAN AND STRATEGY
A BEE plan is a company's roadmap on how to achieve their desired BEE level. A BEE plan, should clearly lay out the year's BEE inititiatives, costs, timelines and stakeholders involved. The BEE plan should include accurate BEE calculations and scores, as well as take into account any interpretative greyness.
However, becoming a B-BBEE compliant company is simply not good enough for any organisation, as soon as all its competitors have achieved a similar status. Every company will need to do better than the competition. Those who have undertaken the transformation process in a way that adds the most value will be the winners, not those who have ‘dressed up’ numbers on a scorecard. The key lies in transforming the business to become compliant, while simultaneously creating a sustainable competitive advantage. True sustainable transformation affects HOW the company does business, WHO it does business with, and WHAT type of business it should do. These are all components of competitive strategy and the answers to these questions require a clear and simple view of the strategy of the business.
