Independent BBBEE Practitioner, Sibusiso Nkosi, has launched a web application called BBBEE LearnOnline. The web application contains various modules that present different topics relating to Broad Based Black Economic Empowerment. Unlike traditional BEE Consulting methods which are based on a one on one session, BBBEE LearnOnline prescribes topics that take place during these kinds of sessions, but ensures that they take place at the convenience of the client over the internet. One of the major obstacles for business to effectively implement strong BBBEE strategies is the convenience in accessing comprehensive information relating to BBBEE in a cost effective manner. This creates a huge challenge for the business community. Travelling to meetings during office hours or having meetings scheduled can be rather inconvenient as it takes up too much time. The cost factor also need to mentioned, meaning that one on one consultations with BEE consultants usually have a high rate and cost attached to them which creates a challenge for businesses to comply with BBBEE. These are obstacles that BBBEE LearnOnline aims to challenge. Unlike other BBBEE online resources, this web application provides broader topics relating to Broad Based Black Economic Empowerment which are structured in a consultative manner. It also presents itself as a business opportunity in the sense that it allows for other entities to become resellers of the application by providing it as a service to their clients. For more information on the developer, visit www.bbbeeinfo.co.za. To view BBBEE LearnOnline go to www.learnonline.bbbeeinfo.co.za. Also follow BBBEE LearnOnline on twitter for updates and more information (@BEELearnOnline) More Info: https://www.learnonline.bbbeeinfo.co.za Author: Sibusiso Nkosi from Bizcomm Design. Originally distributed by MyPR.co.za. No of Images Uploaded: One To gain access to One image/s please Like, Tweet or +1 this …
Why Broad Based Black Economic Empowerment Does Not Work
Ever since the Broad Based Black Economic Empowerment framework was established, it has received numerous criticisms from various members of society. Independent BBBEE Practitioner, Sibusiso Nkosi, carries that criticism forward with his new book. Titled ''Forgotten Fundamentals: Why Broad Based Black Economic Empowerment Does Not Work'', the book provides an analysis based on factors and elements of why BBBEE has not made the impact it was intended to make. ''The biggest problem is the BEE scorecard and how businesses chase the targets and points'', said Sibusiso Nkosi. ''This results in businesses implementing BEE compliance strategies that do not empower the previously disadvantaged individuals but they still score points on their scorecards.'' Although the book is not written to delve deeper into the analysis of these factors, it provides a clear platform for the stakeholders to engage in the issues outlined. ''The fundamentals of BBBEE are simple; equality, fairness and sustainability. That is what we should be seeking to achieve.'' expressed a passionate Mr. Nkosi. Although most of the arguments about BBBEE circle around Ownership, there are other critical areas such as Employment Equity, Skills Development and Enterprise Development that need to be focused on. In the book, the author has deliberately excluded arguments regarding Ownership citing ''they are already receiving enough attention'' ''The beneficiaries of BBBEE are not only rich business people. It is communities as well as people that are employees.'' he explained. ''That is what I wanted to focus on, how these people have been left out of the benefit basket and the dire results that this may possess.'' Forgotten Fundamentals: Why Broad Based Black Economic Empowerment Does Not Work, is now available online for purchase on Sibusiso Nkosi's newly developed website, www.bbbeeinfo.co.za. Also see his blog www.bbbeematters.blogspot.co.za and follow @SibusisoBEE on twitter. More …