PAUL HANRATTY: We need a radical re-evaluation of our transformation strategies
Progress on paper must be reflected in the workplace, says Sanlam CEO Paul Hanratty
The true state of South Africa's economic transformation goes beyond mere numbers and statistics. It's a topic that hits close to home for us at Sanlam and the reason we are a partner in the Sanlam Transformation Gauge.
Despite the supposedly positive economic indicators and B-BBEE scorecards, the reality is far from the celebratory narrative we hoped for during our two-decade journey since the B-BBEE Act was enacted in 2003. There's a sobering truth behind the scene — progress on paper doesn't necessarily translate to progress within our workplaces, and this calls for a re-evaluation of our approach...
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