Blog

Enterprise Development our weapon or future

Enterprise Development – our weapon, our future

Enterprise development is our weapon to overcome the challenges we face today in South Africa and abroad.The problems facing developing countries can at times seem insurmountable. Chief among these problems we find unemployment and poverty. These burning issues bring along with them a whole package of related issues:

The problems facing developing countries can at times seem insurmountable. Chief among these problems we find unemployment and poverty. These burning issues bring along with them a whole package of related issues:

  • Crime.
  • The poverty cycle, in which individuals lack the motivation to change their circumstances.
  • Lack of investor confidence, creating a downward spiral in the economy.

There are often bona fide opportunities on the ground for economic growth. Yet these opportunities may never bear fruit. The basic skills, resources and knowledge may exist but are not put to good use. The result is that the chief problems go unresolved.

Is there any hope for the future in these areas? Absolutely–it’s found in Enterprise Development strategies, such as those provided by Umsizi.

Umsizi has a proven track record of working with entrepreneurs in local communities. The goal is to help these reach their full potential. We want to ensure that the enterprise reaches the point of being self-sustaining. These strategies allow Small, Medium, and Micro-Sized Enterprises (SMME’s) to provide livelihoods. The result is an improvement in the situation of individuals and communities.

The key business factors of skills, knowledge, and entrepreneurship may be dormant. The focus of enterprise development is to bring these together with effective support. When the strategies come to fruition, they empower new and existing SMME’s to grow. Effective output and turnover increase to levels viable to support families and uplift neighbourhoods.

Imagine an individual or group from an impoverished community. This person or group has only a limited skill set and a goal to become economically independent. What if they could receive coaching and guidance with a business plan to reach their goals? How many lives could they change if they could enter the economic mainstream? If they could become self-supporting and hire and improve the skills of many in the community?

That is where we come in with sound enterprise development principles. This dream becomes a reality.

Share this post

Leave a Reply

Your email address will not be published. Required fields are marked *