Analyse and Discuss How Basil Read Through Their Various Training Initiatives Can Be Considered as Having a High-Leverage Strategy Related to Their Business Needs

Topics: Street children, Africa, Poverty Pages: 3 (728 words) Published: April 19, 2013
Those training initiatives which can be considered as having a high-leverage strategy to their business needs of Basil Readare:-
MULTI-FUNCTION TRAINING CENTRE: The state-of-the-art multi-function training centre that offer real-time training to the sites to drive training down to site level(both virtually and e-learning). Basil Read created career paths which provide opportunities outside of the general management route yet it allowed her employees to climb the ranks in the organisation, The creation of multiple career paths is a wise decision since the company is aware that not everybody can move into general management.

Basil Read believe that for Corporate Social Investment (CSI) to be truly effective in making a lasting and meaningful difference to the lives of underprivileged people and to the overall economic well-being of the country, it needs to be well-managed and underpinned by the principle of sustainability. To ensure Basil Read initiatives fulfil real needs, a dedicated committee identifies projects that are sustainable and reflect the values of their group. Basil Read partnered with GreaterCapital in identifying an industry-aligned flagship organisation into which Basil Read, Blasting & Excavating, Roadcrete Africa and SprayPave can channel resources .

Initiatives focus primarily on HIV education, education and bursaries. The strategy is about to help to build the future through education and the necessary support. An example is TWP which provides hearing and eye testing for disadvantaged youth to help improve learning ability. During the year, Basil Read also contributed to Nurcha, which helps emerging contractors develop their skills in managing and completing construction projects, and grow their construction businesses. The intention of the project was to facilitate the transition from subsistence emerging contractor status, to successful, black-owned construction companies. In addition to its flagship initiative and focus on skills...
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