BusinessFit SA
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INTRODUCTION
BusinessFit’s purpose is to help business leaders and entrepreneurs build better businesses by guiding them in implementing a defined quality assurance and sustainable development process to support their enterprise foundation and intention
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Building better businesses
BusinessFit’s purpose is to help business leaders and entrepreneurs build better businesses by guiding them in implementing a defined quality assurance and sustainable development process to support their enterprise foundation and intention. Traditional business development models tend to focus more on profit creation, which is, of course, an essential component in organisational success, however, profit is an outcome and not the process that drives value creation through operational excellence and client retention.
BusinessFit’s scientific approach to developing productive, compliant, engaged, and sustainable businesses helps to create a common language for the enterprise and its people through defining outcomes, intentions and measurements. The BusinessFit App and Quality Assurance process has proven itself as a tool that improves an enterprise’s likelihood of financial and operational success. BusinessFit’s approach identifies where each enterprise is in its own evolution and development and guides the organisation in its progression towards reaching maturity and achieving its desired balance and outcomes.
Organisations are normally founded by an entrepreneur who identifies an opportunity in the market. This forms the basis of the idea and intention carried forward. The entrepreneur applies business mindedness to the idea and intention, and develops a plan or strategy to reach intended customers, operational and financial expectations. In most instances, entrepreneurs bring purpose, passion, and core competencies in developing a product or service.
At BusinessFit we want entrepreneurs to acknowledge that their core competency is critical to the success of the enterprise, but also to recognise that their creative contribution is the idea or vision, and for the idea or vision to be successful and sustainable as a product or service, it requires the support of a well-considered business framework. BusinessFit, since its inception in 2012, has been focussed on helping business leaders ensure their ideas and vision are supported through quality assurance processes and controls that provide clarity in progression intentions and ensure legitimacy in value creation and in meeting legislative and governance requirements.
Five-Stage Process
BusinessFit’s quality assurance and business and sustainability methodology follows a five-stage process which is co-ordinated through the BusinessFit App. The process helps business leaders and entrepreneurs along a journey to create a framework to support their organisation’s purpose and desired outcomes.
STAGE ONE in the quality assurance process is where we help leaders clearly define and articulate their enterprise’s value creation for consumers, communities, society, and stakeholders. Through an online profile each enterprise defines its products and services, purpose, location, industry, B-BBEE status, trading hours, as well as shares web domain, individual and team photos and a video.
STAGE TWO focuses on foundational governance, which includes all aspects an enterprise is required to have in place to be regarded as a good corporate citizen. These include such items as SARS tax clearance certificates, Letters of Good Standing from Dept of Labour (COIDA/UIF), CIPC documents detailing enterprise registration confirmation and current directors.
STAGE THREE is about processes and assurance that outcomes are achievable within the enterprise’s guiding structures and foundation.
STAGE FOUR is a Round Table Meeting where a professional business consultant meets with a business leader and follows a Sustainability Reporting process which includes four Pillars and thirty-two action areas. The Pillars are Leadership, Functional Area Foundations, Measurements and Engagement.
STAGE FIVE is about testimony, where BusinessFit wants to hear from companies and customers that have used the enterprise’s services, and that their experience has been positive.
Quality Assurance
Quality assurance is the key differentiator in creating successful and sustainable businesses, but of course, a structured quality assurance plan is not enough on its own to guarantee meeting defined outcomes. A lot depends on the leader’s ability to clearly define the enterprise intentions, as well as providing confidence that the vision is achievable.
We work with leaders in helping them define the enterprise value creation, its financial sustainability model, and develop the culture needed to drive the organisation forward. We encourage a business minded approach and ensure that there are defined milestones to guide the enterprise in reaching its intended outcome. Confidence is critical, and as we know, comes from having experience and know-how, having access to resources and reliable networks, and that leaders and staff are representing their authentic selves.
Functional foundations are made up of the activity groups which include marketing, operations, finance, systems, legal, human resources and other, and is where administrative, reporting and quality outputs are co-ordinated. To a large degree these activity groups are common in all enterprises. However, size and industry type do create their own unique variances. Newly set up enterprises often have centralised decision making, where the leader will likely be involved personally in all activities of the enterprise. Leadership style and involvement must change considerably as the business grows and should mature into defined role profiles and standard operating procedures, and then into outcome-based teamwork.
Defining measurements and outcomes is essential, as success is the outcome of meeting an intentional aim. Without clearly defining where the enterprise is heading, there is little hope that any specific goal will be achieved. Measurements need to include operational quality outcomes, as well as meeting governance best practice outcomes and stakeholders’ hopes and expectations.
Engagement is perhaps the most important component of achieving success and is the result of attracting the right people to help guide the business along its intended path. People whose purpose aligns with that of the enterprise and leaders’ vision and feel a sense of purpose and commitment begin to enjoy their work and thrive in their roles. It is the leader’s responsibility to create an engaged and ethical work environment, and they do this by helping everyone to feel they belong, that their individual and team contributions are valuable, and ensuring the culture and intentions of the business support value creation.
Quality assurance is an essential component in ensuring an enterprise’s growth and prosperity. Quality assurance must become the foundation in a business and provide guidance and direction to each person in the organisation, as well as ensure governance standards and stakeholder expectations are maintained. Quality assurance processes are often not considered critical in start-up and small enterprises, and hence the high failure rates of enterprises that occur at this level.
BusinessFit has recognised that quality assurance standards, when implemented correctly within an enterprise, significantly increases the enterprise’s ability to achieve success. Successful enterprises create sustainable employment, and as such, quality assurance and a well-structured governance framework is essential in building thriving enterprises and support growing nations.
Full Name of Company: BusinessFit SA (Pty) Ltd
Nature of Business: Business mentoring and quality
assurance services
Date Established: 2012
B-BBEE Status: Black-Owned Level 2
MISSION / VISION
Helping business leaders and entrepreneurs build compliant, productive, engaged, and sustainable businesses.
CORE TEAM
Chairman: David White
Administration: Lindiwe Bhadi
Internal Coordination: Nikita Pillay
CONTACT DETAILS
Physical Address: 12 Braehead Office Park, 1 Old Main
Road, Kloof, 3610, KwaZulu-Natal
Tel: +27 (0)31 767 0625
E-mail: david@businessfit.co.za
Website: www.businessfit.co.za
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