New Generation Mindset leverages its experience in developing world class strategies through the implementation of effective programmes in compliance with local policies and regulations. We make a meaningful contribution to the economy by growing entrepreneurs and businesses.
SMME Development: Enterprise, Supplier Development & Localisation
The development of entrepreneurs is one of the most effective ways of stimulating economic growth, transformation and job creation in our communities. NGM recognises that a growing small, medium and micro-sized enterprise (SMME) sector is vital for broadening participation and delivering on our country’s economic development objectives.
Supplier Development is a strategic imperative for Corporate SA, though complexity issues, change management and effective implementation continue to be major challenges. NGM understands and have solutions to these challenges which include: an understanding of Policies, Strategic Insight and Planning, Demand Analysis, followed by the design and implementation of an effective Supplier development programme, delivering results!
Our thorough knowledge of the SMME sector, places us in a unique position to nurture and grow SMMEs according to international standards, through technical and business development support, resulting in globally competitive, sustainable enterprises.
Skills, Training and Leadership Development
New Generation Mindset is committed to growing both people and businesses. We recognise that skills development on all levels within an organisation is critical if any business is to achieve its goals. We take a comprehensive Skills Development approach for both external and internal implementation, ensuring that Skills Development forms part of the priority growth area of the organisation. Our competitive edge is drawn from our dedication and approach in helping our customers build a more creative and productive workplace through innovative products and services in the areas of training & development, employee engagement, communication and culture change.
We help large corporates in equipping employees with skills that help them keep pace with the demands of competitive markets. We convert and redesign traditional learning material into content that’s engaging, improving employee performance and building a unified organisational culture.
B-BBEE Advisory, SD&L, Strategy & Re-evaluation
New Generation Mindset’s in-house consulting and advisory service, provides social responsibility, transformation, and economic empowerment solutions to corporate clients and multinationals. We engage, transform and inspire our clients to develop and communicate a strategic, value-based view of social and economic enfranchisement. Our focus is coupled with solutions that meet the challenges of carrying out successful corporate strategy, empowerment, transformation, and sustainability programmes.
Local Economic Development
Local Economic Development (LED) is an outcome, based on local municipal initiatives and driven by local stakeholders. It involves identifying and using local resources, ideas and skills to stimulate economic growth and development. The aim of our LED initiative is to create employment opportunities for local residents, alleviate poverty and redistribute resources and opportunities to benefit all local residents.
NGM’s strategic investment is directed in the following areas of intervention namely:
⚬ Growth, turnaround strategies and product development
⚬ Economic development (ED)
⚬ Local economic development (LED) and sector stimulation⚬ Leveraging of enterprise development, transformation & B-BBEE opportunities
By achieving the above, a strategic intent is created that reflects the needs of the province/sector in which we operate.
Access to Finance
Unlocking grant funding from various government institutions to supplement clients’ investment in ESD
Despite their significant contribution to economic growth, SMMEs across the whole world, and in SA in particular, are still faced with numerous challenges that inhibit entrepreneurial growth. Access to finance has been acknowledged as one of the major challenges impeding the survival and growth of the SMME sector in South Africa.
There are various sources available for funding and financing of SMMEs.
Having undertaken the journey with many SMMEs, NGM has an intimate understanding of the depth and width of the complexities and challenges faced by SMMEs in respect of access to funding. NGM has developed lasting relationships and partnerships with most finance service providers, development agencies and government institutions in South Africa.
To this end, NGM is able to compliment our clients’ pool of resources with other funding mechanisms to play a central role in the success and support of SMMEs with common purpose and mutual beneficiation.