Productivity SA is committed to contributing towards the achievement of the Economic Reconstruction and Recovery Plan, but to support Small, Medium & Micro Enterprises (SMMEs) post Covid-19, we must expand the Business Turnaround and Recovery (BT&R) Programme, a proven programme, designed to effectively solve business challenges, to save jobs and ensure SMME sustainability.
We believe that investing in productivity-enhancing programmes, such as the BT&R Programme, will improve our prospects for improved competitiveness and future economic growth. Our proven programme is strategically designed to solve business challenges effectively.
This programme originates from the Declaration of the Presidential Jobs’ Summit in October 1998 and focuses on preventing job losses and retaining or creating alternative job opportunities. Trusted methods are used to analyse organisations and take practical steps to successfully revive and restore them to functional, profitable enterprises. Ultimately, its core purpose is increasing overall productivity, profitability and service by improving organisational structures, and saving and retaining jobs.
The BT&R Programme
It applies to all sectors and companies facing financial and operational distress. As funded by The Department of Employment and Labour’s Unemployment Insurance Fund (UIF), Productivity SA act as a ‘revival and restoring’ agency for any South African organisation in need of assistance, however, this should not be seen as a business rescue programme.
Our services are available to all organisations countrywide from our bases in Johannesburg (Midrand), Cape Town, Durban and Port Elizabeth, or Gqeberha as recently renamed. We also make use of a vast network of independent consultants to reach as many organisations as possible. If your organisation, or if you know of an organisation struggling and employees are at risk of losing their jobs, we can help. Email email@example.com for more information and application forms.
How The BT&R Programme Works
Qualifying organisations are 100% funded for non-financial services, and the programme’s duration is approximately 9 to 12 months. Within this period, we assess problem areas, manage crises, and develop strategies to turn the company around.
To improve and sustain productivity, we improve marketing, operations, HR and financial strategies after the intervention to ensure enhanced company performance. Employees are also educated on basic business principles and operations to understand the impact of their actions on the entire operational process.
Roles are allocated, and these strategies are implemented to reverse the challenges experienced. We ensure the organisation can continuously improve productivity and competitiveness and collaborate on job security with further strategies to exploit alternative opportunities and future investments. Accomplishing the latter will ensure a successful turnaround.
The programme is executed in 7 stages, including Preliminary Assessment, Crisis Management, Establishment of Future Forums, Capacity Building, In-Depth Assessment, Strategy Implementation and Productivity Sustainability: Keeping on Track. Read more about what these stages entail here.
Productivity SA is established in terms of section 31 (1) of the Employment Services Act, No. 4 of 2014, as a juristic person with a mandate to promote employment growth and productivity. Since the inception of Business Turnaround and Recovery, 145 495 jobs have been saved, and more than 616 new positions have been created. Learn more about Productivity SA from our website.