Page 16 - Transformation Report 2018/2019
P. 16
ALBERTON ALEXANDRIA BALLITO BEDFORDVIEW BENONI BETHLEHEM BLOEMFONTEIN BRITS CAPE TOWN CENTURION
CERES DURBAN EAST LONDON EMPANGENI GEORGE GONUBIE GRAHAMSTOWN HARTBEESPOORT HILTON
JOHANNESBURG KIMBERLEY KING WILLIAM'S TOWN KLERKSDORP KNYSNA LYDENBURG MALMESBURY MOSSEL BAY
MTHATHA NELSPRUIT NEWCASTLE PAARL PARYS PIETERMARITZBURG PLETTENBERG BAY POLOKWANE PONGOLA
16
POTCHEFSTROOM PRETORIA RANDBURG RICHARDS BAY ROODEPOORT ROSEBANK RUSTENBURG SANDTON
SASOLBURG SOMERSET WEST THABAZIMBI TYGER VALLEY TZANEEN UPINGTON VANDERBIJLPARK VRYBURG WARTBURG
WELKOM WITBANK WORCESTER ALBERTON ALEXANDRIA BALLITO BEDFORDVIEW BENONI BETHLEHEM BLOEMFONTEIN
BRITS CAPE TOWN CENTURION CERES DURBAN EAST LONDON EMPANGENI GEORGE GONUBIE GRAHAMSTOWN
HARTBEESPOORT HILTON JOHANNESBURG KIMBERLEY KING WILLIAM'S TOWN KLERKSDORP KNYSNA LYDENBURG
5.3 Growing Directors MALMESBURY MOSSEL BAY MTHATHA NELSPRUIT NEWCASTLE PAARL PARYS PIETERMARITZBURG PLETTENBERG BAY
POLOKWANE PONGOLA POTCHEFSTROOM PRETORIA RANDBURG RICHARDS BAY ROODEPOORT ROSEBANK
Growing black and female directors is an imperative of Group RUSTENBURG SANDTON SASOLBURG SOMERSET WEST THABAZIMBI TYGER VALLEY TZANEEN UPINGTON
transformation to which member firms have pledged their
commitment. However, the difficulty for small and medium firms VANDERBIJLPARK VRYBURG WARTBURG WELKOM WITBANK WORCESTER ALBERTON ALEXANDRIA BALLITO
to laterally attract directors remains a stumbling block and requires BEDFORDVIEW BENONI BETHLEHEM BLOEMFONTEIN BRITS CAPE TOWN CENTURION CERES DURBAN EAST LONDON
firms to rather focus on developing their own directors internally. This
inevitably requires time for the development and growth of young EMPANGENI GEORGE GONUBIE GRAHAMSTOWN HARTBEESPOORT HILTON JOHANNESBURG KIMBERLEY KING
professionals to become director material. Given the personal WILLIAM'S TOWN KLERKSDORP KNYSNA LYDENBURG MALMESBURY MOSSEL BAY MTHATHA NELSPRUIT NEWCASTLE
nature and unique service cultures of many of these law firms, it PAARL PARYS PIETERMARITZBURG PLETTENBERG BAY POLOKWANE PONGOLA POTCHEFSTROOM PRETORIA RANDBURG
also requires sufficient time for young professionals to understand
and adopt the firm culture and values and to become an external RICHARDS BAY ROODEPOORT ROSEBANK RUSTENBURG SANDTON SASOLBURG SOMERSET WEST THABAZIMBI TYGER
representative of the firm to clients. VALLEY TZANEEN UPINGTON VANDERBIJLPARK VRYBURG WARTBURG WELKOM WITBANK WORCESTER ALBERTON
But, law firms are under pressure to accelerate the advancement of ALEXANDRIA BALLITO BEDFORDVIEW BENONI BETHLEHEM BLOEMFONTEIN BRITS CAPE TOWN CENTURION CERES
these young professionals into their director ranks and to meet the DURBAN EAST LONDON EMPANGENI GEORGE GONUBIE GRAHAMSTOWN HARTBEESPOORT HILTON JOHANNESBURG
demands of clients for transformation within law firms. To help, the
Group assists member firms with advice and support in advancing, KIMBERLEY KING WILLIAM'S TOWN KLERKSDORP KNYSNA LYDENBURG MALMESBURY MOSSEL BAY MTHATHA NELSPRUIT
NEWCASTLE PAARL PARYS PIETERMARITZBURG PLETTENBERG BAY POLOKWANE PONGOLA POTCHEFSTROOM PRETORIA
developing and training new potential directors and also the
eventual appointment of black and female directors. To enhance RANDBURG RICHARDS BAY ROODEPOORT ROSEBANK RUSTENBURG SANDTON SASOLBURG SOMERSET WEST
the drawing power and retention of future directors, the future
prospects of a firm must be assured and support the decision of THABAZIMBI TYGER VALLEY TZANEEN UPINGTON VANDERBIJLPARK VRYBURG WARTBURG WELKOM WITBANK
young professionals to make member firms their long-term home. WORCESTER ALBERTON ALEXANDRIA BALLITO BEDFORDVIEW BENONI BETHLEHEM BLOEMFONTEIN BRITS CAPE TOWN
CENTURION CERES DURBAN EAST LONDON EMPANGENI GEORGE GONUBIE GRAHAMSTOWN HARTBEESPOORT
When viewing the director appointments over the last two years it
is pleasing to note a steady upwards curve in the number of both HILTON JOHANNESBURG KIMBERLEY KING WILLIAM'S TOWN KLERKSDORP KNYSNA LYDENBURG MALMESBURY MOSSEL
black and female director appointments. Although not yet at the BAY MTHATHA NELSPRUIT NEWCASTLE PAARL PARYS PIETERMARITZBURG PLETTENBERG BAY POLOKWANE PONGOLA
level demanded by the Group BEE Standards, the trajectory is clear
and bodes for positive growth among member firms. POTCHEFSTROOM PRETORIA RANDBURG RICHARDS BAY ROODEPOORT ROSEBANK RUSTENBURG SANDTON
SASOLBURG SOMERSET WEST THABAZIMBI TYGER VALLEY TZANEEN UPINGTON VANDERBIJLPARK VRYBURG WARTBURG
In 2018, 36% of director appointments were black appointments,
with a total of 29% being black female appointments. Overall, 43% WELKOM WITBANK WORCESTER ALBERTON ALEXANDRIA BALLITO BEDFORDVIEW BENONI BETHLEHEM BLOEMFONTEIN
of director appointments in 2018 were female appointments. In BRITS CAPE TOWN CENTURION CERES DURBAN EAST LONDON EMPANGENI GEORGE GONUBIE GRAHAMSTOWN
2019 over 40% of all director appointments were black director
appointments with 30% of appointments being black female HARTBEESPOORT HILTON JOHANNESBURG KIMBERLEY KING WILLIAM'S TOWN KLERKSDORP KNYSNA LYDENBURG
directors and 60% of all appointments being female appointments, MALMESBURY MOSSEL BAY MTHATHA NELSPRUIT NEWCASTLE PAARL PARYS PIETERMARITZBURG PLETTENBERG BAY
as with attorney appointments, showing here too a strong upward POLOKWANE PONGOLA POTCHEFSTROOM PRETORIA RANDBURG RICHARDS BAY ROODEPOORT ROSEBANK
curve in black and female appointments.
RUSTENBURG SANDTON SASOLBURG SOMERSET WEST THABAZIMBI TYGER VALLEY TZANEEN UPINGTON
VANDERBIJLPARK VRYBURG WARTBURG WELKOM WITBANK WORCESTER ALBERTON ALEXANDRIA BALLITO
BEDFORDVIEW BENONI BETHLEHEM BLOEMFONTEIN BRITS CAPE TOWN CENTURION CERES DURBAN EAST LONDON
Growing black and female directors is EMPANGENI GEORGE GONUBIE GRAHAMSTOWN HARTBEESPOORT HILTON JOHANNESBURG KIMBERLEY KING
an imperative of Group transformation to WILLIAM'S TOWN KLERKSDORP KNYSNA LYDENBURG MALMESBURY MOSSEL BAY MTHATHA NELSPRUIT NEWCASTLE
which member firms have pledged their
commitment PAARL PARYS PIETERMARITZBURG PLETTENBERG BAY POLOKWANE PONGOLA POTCHEFSTROOM PRETORIA RANDBURG
RICHARDS BAY ROODEPOORT ROSEBANK RUSTENBURG SANDTON SASOLBURG SOMERSET WEST THABAZIMBI TYGER
VALLEY TZANEEN UPINGTON VANDERBIJLPARK VRYBURG WARTBURG WELKOM WITBANK WORCESTER ALBERTON
ALEXANDRIA BALLITO BEDFORDVIEW BENONI BETHLEHEM BLOEMFONTEIN BRITS CAPE TOWN CENTURION CERES
DURBAN EAST LONDON EMPANGENI GEORGE GONUBIE GRAHAMSTOWN HARTBEESPOORT HILTON JOHANNESBURG
Group Transformation Report for 2018/19 KIMBERLEY KING WILLIAM'S TOWN KLERKSDORP KNYSNA LYDENBURG MALMESBURY MOSSEL BAY MTHATHA NELSPRUIT
NEWCASTLE PAARL PARYS PIETERMARITZBURG PLETTENBERG BAY POLOKWANE PONGOLA POTCHEFSTROOM PRETORIA