Inside your Businesss - Why Big Business Needs To Rethink Its Relationship With SMMES
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Guest – Matsie Mpshe, Founder and Managing Director at The Transformation Firm and Founder of the SMME Empowerment Summit.
South Africa has over 2.5 million small, medium and micro enterprises (SMMEs), employing nearly 10 million people. Yet, many of these businesses are still viewed by corporates through the narrow lens of CSI or supplier development compliance. What if we have it backwards?
What if it is big business that can no longer afford to underestimate the value and innovation of small business? The truth is, without meaningful partnerships with the SMME ecosystem, especially in underrepresented and township communities, large companies risk stagnation.
South Africa has over 2.5 million small, medium and micro enterprises (SMMEs), employing nearly 10 million people. Yet, many of these businesses are still viewed by corporates through the narrow lens of CSI or supplier development compliance. What if we have it backwards?
What if it is big business that can no longer afford to underestimate the value and innovation of small business? The truth is, without meaningful partnerships with the SMME ecosystem, especially in underrepresented and township communities, large companies risk stagnation.