Top Empowerment 21st Edition

Page 63

DEVELOPING A HIGH VELOCITY DELIVERY MACHINE BY BONANG MOHALE | THOUGHT LEADERSHIP

“ In the final analysis, business must ask itself truly courageous questions” More must be done in helping labour to become ‘fit-for-

challenging conversations with members. The IMF and

the-future’, rotating them more towards skills training,

others have highlighted competition issues in SA as an

member welfare etc. And much more suited to the Just

area that needs focus for more dynamism. The end-goal

Energy Transition and 4IR (fourth industrial revolution) ,

should be a focus on SMEs and labour growth.

in wanting more workers in unions that care about the unemployed and their members welfare as opposed to

As the Climate Bill makes its way into parliament,

just status quo and wages. This would mean some give

business must think of what comes out of the other side.

and take overall to shift the labour conversation.

Climate affects the country as a whole, the private sector and individual businesses will have to adhere

We need to encourage a deeper conversation about

to it, so that all converge towards net zero emissions.

barriers to entry and barriers to entrepreneurship. The

The process of this trickling down is going to be hugely

broader mindset change is to view the conversations

complex and needs significant negotiation resources, as

about ease of doing business and lowering barriers

well as intellectual and modelling capabilities.

as a better and more sustainable path. It should link closely with the industrial policy work and a move away

The negotiation and coordination function is going to

from just sectoral master plans that mandate certain

land firmly with all social partners given the nature of

SME involvement. We must be explicit that dynamic

Nedlac. We will all have to think carefully about how

economies should have a majority of employment in SMEs.

we can undertake such coordination and cross-sector negotiations with government, that balance various

We have to shift focus to industrial and trade policy as

interests, play to fairness and have member buy-in. At

a process. This should include incentive programmes

issue here is the fact that the outcomes of the Climate Bill

(for value for money and structure and if they are fit for

will mean, in effect, that binding envelopes are pushed

the future) as well as trade policy. The focus should be

from top down. We see this process starting at a very high

on how the DTIC (Department of Trade, Industry and

level through 2022 before the Bill reaches assent but the

Competition) can better support current and emerging

actual negotiations will start from 2023. The country should

industries. Also, how we go about making it more nimble

use this time to get its ducks in a row on the issues and

- the institution and the legal and policy framework it

start to socialise these issue with all stakeholders, consider

feeds off. It would include all factors that affect the ease

and put in place the right capacity.

of doing business and how DTIC can become an enabler. In the final analysis, business must ask itself truly courageous The aim is to make industrial policy a positive intervention.

questions: How does business benefit the rest of South

We have seen the Competition Act’s mandate grow

Africa, not just a select few? How does it conduct its

from fostering competition in the economy, to an

business in an ethical, humane and transparent way? Is

interventionist public-interest mechanism. Public-interest

the management structure of business broadly reflective

considerations should be addressed by the wider

of the demographics and does it contribute towards the

legislative agenda, rather than shoehorning them into

upliftment of the stakeholders it serves?

the competition law that focuses on the moment of transactions between company owners.

.... and like a hawk, monitor the implementation of these. Business needs a significant intervention to steer itself back!

There are genuine competition issues that should be the

It is incongruent to talk about a just society when business

focus of competition legislation and Busa can play a role

is still perceived to be at the apex of injustice. This needs

in moving the spotlight back to these. This will involve

incisive, bold leadership that only business itself can bring.

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IMPUMELELO TOP EMPOWERMENT

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