The introduction of the Management Development Programme by IDM is an important component of human resource development and is a key pillar of the Swaziland Private Sector Development Strategy launched last year.
Federation of Swaziland Employers and Chamber of Commerce (FSE&CC) President Tineyi Mawocha said business believed that human resource development being one of five key pillars of creating a vibrant private sector, enabled enterprises to have well trained and competent employees. He said well trained and competitive employees in turn enhance competitiveness of their enterprises and competitive enterprises contributed to sustainable economic growth.
The president was represented by FSE&CC Chief Executive Officer Zodwa Mabuza during the launch of the Management Development Programme by Institute of Development Management (IDM)
and the USB Executive Development Ltd of the University of Stellenbosch Business School.
“In today’s competitive environment managers and workers in general are required to continuously sharpen their skills and competencies as part of career development. For managers and leaders, quality career development programmes to pursue in Swaziland are limited in scope. Most companies find that they either have to send their employees to outside institutions or enrol them in correspondence-based programmes,” he said. He said sending employees to outside institutions could be costly to companies in terms of time and resources.
Mawocha said correspondence programmes, while cheaper were devoid of the interactive aspect of learning, something which was crucial for management programmes. He said the introduction of the Management Development Programme filled in the gap that currently existed locally with regard to high level management programmes.
Mawocha said this comprehensive programme was targeted at growing and developing the management abilities of current managers and those who aspire to manage other people. He said the programme would provide a broader understanding of management and leadership and therefore bring real business benefits to the participants and organisations that they work for.
“Graduates of the programme will not only be trained in all aspects of business, but will also be in great position to achieve their organisational strategic objectives. In addition to achieving strategic objectives, organisations will also be able to cut on their budgets for training. This is obviously important at a time our economy is on a downward trend. The ease of company resources as a result of the savings will be channelled to other areas which will improve the companies’ competitiveness, thus contribute to the overall growth of the economy,” he said.
Mawocha urged the private sector in Swaziland to take advantage of the partnership that IDM has forged with USB-ED. He said company competitiveness would be to a large extent driven by human capital. Mawocha said in a knowledge based economy, companies and individuals should embrace lifelong learning.
‘It’s costly not to utilise management development’
USB-ED Chief Executive Officer, Frik Landman, says management development is an expensive investment which is costly when not in use. He said there would be need for individuals in companies and organisations to partake in this discipline to gain the knowledge.
Landman was excited by the collaboration of his institution and Institute of Development Management (IDM),
saying a lot would be achieved from this milestone. Landman said Stellenbosch University had roots in a number of countries in Africa like Uganda, would open new establishments in Kenya soon and now in Swaziland through IDM
Adding, he said it was high time that countries in the African region intensify in doing businesses with each other. He said the countries should work hard to achieve this for the benefits of the countries. “The prevalent challenge our Africa is faced with is that we do not do business with each other instead we prefer doing it with the rest of the world. We must start exchanging idea with each other now,” he said.