The Institute strives to provide differentiating and unique value offerings (the Maponya Way) to learner entrepreneurs and future corporate/business practitioners by;
inculcating entrepreneurship spirit and culture among the South Africans, especially the youth and women;
offering real life business administration and technical skills development interventions for the self-employed, entrepre
neurs, and future corporate business practitioners in both public and private sectors;
facilitating practical & real time management and leadership competencies for the public, private, not for profit, self-employment, and entrepreneurship applications
The objectives of the Institute are
Promote the Dr Richard Maponya Institute as a world class innovation institute, create a differentiated service offering from existing institutions
To contribute to the reduction of unemployment in South Africa, especially youth unemployment
Create a culture of trust and inculcate a team ethos, develop a ‘can do’ work ethic
Target youth from the immediate surroundings to become role models,
To achieve world class teaching, learning, research & development, and innovation practices
To become the institute of choice for technical skills and entrepreneurship development in South Africa
To assemble the best curricula developers, facilitators, tutors, teachers, and infrastructure & support service providers
To partner with the best and like-minded institutes and service providers, local and international
The Values of the Institute are: Governance & Compliance; Highest Ethical Standards; Accountability & Transparency; Honesty & Integrity; and Creativity & Innovation
The Institute's IRDAS Model
I = Identify Potential participants: The Institute will engage experienced talent identification professionals to identify sources of talent and participants in the programmes. R = Recruit & Enroll: The Administration Shared Services of the Institute will engage in the intensive recruitment process and enroll the successful candidates in the programmes. D = Development & Readiness Programme: Each participant will follow his/her own chosen field and sector development & readiness programme, under the guidance of experienced facilitators and field supervisors. A = Access to Markets & Opportunities Programme: Practitioners in the various sectors and markets will assist the learner entrepreneurs in accessing local and international markets
S = Support & Growth Management: The MI-SED Alumni will be established to work with approved Mentors and Coaches to provide continuous support and growth management interventions. Deliverables of the Instute;
Entrepreneurs: At the end of the programme learner entrepreneurs will be able to start and maintain their own enterprises. Skills: The purpose is to provide access to skills, e.g. They will be trained and developed in such a way that they can compete globally. Poverty alleviation: The Institute will train participants in technical skills that are in demand and make them employable. Unemployment: The Institute will recruit participants with entrepreneurial talent, motivated to use their abilities and initiatives to do something on their own without necessarily wanting to start their own businesses. Industrialisation: Here we look at the attractiveness of Dr Richard Maponya Institute in the industry to the learners and the investors who will support the programme of industrialization. The Institute will not only focus only on a particular industry but will be a player in multiple industries. Global competitiveness: The Institute’s efforts will be devoted to understanding the needs and skills that are critical to giving them the edge and awareness of global trends ( critical skill in South Africa might not be critical globally)
Local Economic Development: The labour market reflects the availability of particular skills at national and regional levels. This is affected by training and development. The Institute will impact on the economy of the county like what the SENAI model did with the Brazilian Economy. Key Success Factors of the Institute;
For the Institute to succeed it must possess sustainable competitive advantage. Market needs – technical skills, business managerial skills and business leadership. Social responsibility - Action to address the country’s economy with the Institute’s intervention. Expectations to deliver – employment opportunities and entrepreneurial skills. Train: Train and Develop Skills & Entrepreneurship
Incubate: Incubate SMMEs
Supply: Supply Services to their clients (e.g. Corporate and Municipalities)
