ANGELIQUE ARDE: ESD has potential to make real economic difference
It is an indictment that big business would rather outsource enterprise and supplier development than build it inside the business
16 May 2021 - 00:05
The provision of “genuine, long-term contractual relationships” from companies to their suppliers is lacking in the enterprise and supplier development (ESD) space. Such empowering relationships can be powerful when it comes to preferential procurement.
This is according to Greg McDonald, the CEO of the financial services portfolio at Edge Growth, who is quoted in the inaugural Sanlam Gauge report into the transformation scores of SA Inc. ..
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.