Impact Measures Study

Enterprise and Supplier Development are very much buzz words at the moment. Government, large corporates, SMEs and entrepreneurs alike are looking for ways to stimulate small business growth in our country. Many organisations are claiming that their interventions are making a difference to the SME sector. However, claims about making a difference are not sufficient; evidence of exactly what difference and how much difference is being made are not just required, but imperative.

Impact measures provide a means of tracking progress against pre-determined metrics. They offer an objective view of how interventions (in the form of ESD programmes, specific projects, funding etc.) can bring meaningful and important change to our society. There are many reasons to measure social impact. For starters, by putting clear measurables or metrics in place one avoids subjective, and often anecdotal, evidence about the true impact and actual value that an intervention has had.

OECD - SMME Contribution to Formal Workforce

OECD - Employment Rate

94.7%

Brazil SMME Contribution to Formal Workforce

Brazil - Employment Rate

95.1%

South Africa SMME Contribution to Formal Workforce

S.A - Employment Rate

72.1%

Comparatively South African SMMEs contribute less to the formal workforce and as a consequence South Africa has a much higher unemployment rate.

sdi supplier development initiatives
Total SME Employment: 2 249 091
Total SME Employment:
8 886 015
Total SME Employment:
13 469 070

SMMEs represent the largest contributor to GDP and to employment.

Discover the Impact of SMMEs

supplier development initiatives
Upliftment of Social Measures
Reduction in Unemployment & Poverty
Improved Localisation of Profits
Improved Participation in Economic Well Being of Communities