1. Frank Groenewald Prague 10 November 2006 The South African Skills Development System

2. Current reality 1.46 Million People 2.Strongest economy in Africa 3.Per capita income the highest it has ever been 4.Stable and growing economy 5.Stable government system 6.High unemployment 7.HIV/AIDS 8.Poor education system 9.Lack of skills 10.Crime

3. List of Acronyms BEE Black Economic Empowerment DOL Department of Labour NSA National Skills Authority SGB Standards Generating Bodies SAQA South African Qualifications Authority ETQA Education and Training Quality Assurance SARS South African Revenue services SETA Sector Education and Training Authority SMME Small Micro and Medium Enterprises

4. SDA Legislative objectives Developing a culture of high quality lifelong learning; Fostering skills development in the formal economy for productivity and employment growth; Stimulating and supporting skills development in small businesses; Assisting new entrants into employment to make South Africa a more equal place for everyone; Stimulate and support skills development in SMME’s; Improve employment prospects for previously disadvantage persons and Assist new entrants into the labour market; Promote opportunities for skills development in development initiatives.

5. SAQA objectives Integrated National Framework Facilitate access, mobility and progression with Education & Training Enhance Quality of Education & Training Accelerate the redress of past discrimination in Education & Training Full personal development of each learner Social & economic development of the nation at large

6. FITTING IT ALL TOGETHER Department of Education NSBs Department of Labour ETQAs (per industry sector) SGBs Training Providers Assessors National Skills Authority SETAs (per industry sector) COMPANY Skills Development Planning unit SAQA SARS Refund StandardsQuality DOLNSA 22 SETAs

7. The flow of funds National Skills Authority20% SETA Operations10% Mandatory Grants50% DiscretionaryGrants20%

8. BANKSETA Banking Sector Education and Training Authority

9. “To support transformation and people development and through partnerships, to enable stakeholders to advance the national and global position of the broader banking and microfinance industry”. BANKSETA Mission

10. THE SECTOR

11. Banking sector scope  Central banking  Discount houses, commercial and other banking  Building Societies  Financial mediation  Lease financing  Securities dealings  Activities ancillary to financial mediation

12. Major issues for banking PWC Report 2005 1.Most Important Developments (Finance Sector Charter (HR most difficult) and Regulation) 2.Market Competition (Corporate vs Merchant and Investment banking, Retail, Home loans and Vehicle finance extremely competitive) 3.Drivers of Change (Foreign Entrants replace Technology) SA Financial Services Conference 2005 1. Growing regulatory pressures (58/102 Act impact on banking) 2. Pressure on bank charges 3. Disintermediation and increased competition 4. Diversification of income streams 5. The Finance sector Charter 6. Competition for good talent 7. BEE Importance and Opportunities

14. BANKSETA Success factors Committed and Informed Sector Competent Council/Board providing strategic direction. Strong culture of corporate governance, ownership and ethics. Clear vision and objectives. Knowledgeable, competent, committed staff. Strong culture of needs driven delivering. Strong focus on evaluation and feedback

15. 1.Accelerate social transformation through skills development: (85%,Black, 54% women, 4% disabled.) 2.Leverage the skills levy funds for the strategic benefit of the sector and the NSDS 3.Be cost-effective and co-source non-core delivery mechanisms. 4.Employ leading edge technology and best management practices. 5.Conduct research and benchmarking in order to improve the sector’s competitiveness through skills development. 6.Be a hub for sector collaboration. BANKSETA principles of operations

16. 1.Information Technology related skills development 2.Management and Leadership skills development 3.Customer Interface related skills development 4.Specialist Financial skills development 5.Legislative Compliance related skills development SKILLS DEVELOPMENT PRIORITY AREAS (critical skills)

17. 1.Finance Sector Charter 2.Youth development 3.Consumer Education 4.SMME Development 5.Research, Benchmarking and Communication BANKSETA STRATEGIC FOCUS (Sector and National)

18. Strategy Matrix BANKSETAFinance Sector Charter SME Develop- ment and Support Youth Develop- ment Adult Education and CPD Research Benchmar- king and Communi- cation Objective 1: Prioritizing and communica- ting critical skills for sustainable growth, development and equity Skills audit for Banking Research : Scarce skills Future skills Skills Audit for Micro Finance Career Guidance Co-Operative Banks Shareholder Development Saratoga human capital benchmarking ASTD Conference BANKSETA International Conference

19. Strategy Matrix BANKSETAFinance Sector Charter SME Develop- ment and Support Youth Develop- ment Adult Education and CPD Research Benchmar- king and Communi- cation Objective 2: Promoting and accelerating quality training for all in the workplace. Woman development project Development Project International Executive Development Programme Middle Management development programme SME Voucher programme CPD for SME market Building a better Business Investors in People Initiative for SME 18.1 Learner- ships CPD for large and Medium firms Masters Bursary Scheme Abet Support Lender Education Investors in People Initiative

20. Strategy Matrix BANKSETAFinance Sector Charter SME Develop- ment and Support Youth Develop- ment Adult Education and CPD Research Benchmar- king and Communi- cation Objective 3: Promoting employability and sustainable livelihoods through skills development. Co-Operative bank staff development

21. Strategy Matrix BANKSETAFinance Sector Charter SME Develop- ment and Support Youth Develop- ment Adult Education and CPD Research Benchmar- king and Communi- cation Objective 4 Assisting designated groups, new entrants in work-based programmes Learnerships for unemployed people Graduate learnership for unemployed Bursaries Bridging Programmes New Venture Creation

22. Strategy Matrix BANKSETAFinance Sector Charter SME Develop- ment and Support Youth Develop- ment Adult Education and CPD Research Benchmar- king and Communi- cation Objective 5: Improving the quality and relevance of provision BEE Training provider capacity building Centres of Excellence

23. Lessons from the trenches Focus (Don’t try to be all things to all people.) Cluster where appropriate (To Big or To Small) Have principles of operations Do not over regulate Do not over engineer the process (Keep it simple) Remember the research and benchmarking component Don’t get discouraged (grudge purchase) Have a long term vision Evaluate and Advance Prove that you are making a difference Market and Communicate

24. The way Forward Think Big Start Small Scale Fast

25. Address Block no. 15 Thornhill Office Park 94 Bekker road Midrand Telephone 011 805 9661 Fax 011 805 8348 Call Centre 086 102 0002 Website www.bankseta.org.za Thank you