• Applying the
scorecard method each company will be rated
according to how it scores against the group
targets in relation to each BEE indicator.
• A colour code will be used to designate the
performance of a specific company in relation to
the targets for each indicator, where a score
of:
0 – 59% will be coded as RED (needs action)
60 – 89% will be coded as AMBER (satisfactory)
90 – 100% will be coded as GREEN (good).
• The Transcom will over time develop rules to
be followed in dealing with companies which
consistently fail to meet set criteria.
REPORTING FORMAT
• For uniformity, reporting to various
companies’ boards and management committees
should be done in a standardised, uniformed
format.
Declaration
We, the undersigned, representing the entire
leadership of the Altron Group of companies and
all its subsidiaries, hereby commit our group
and its people to work tirelessly in pursuit of
the objectives and policies set out in this
Altron Transformation Vision 2010 document for
the benefit of our company, our people and our
country.
We are Proudly South African
Signed:
|
Dr Bill
Venter |
Robert
Venter |
Dali Mpofu |
|
Chairman |
Chief
Executive |
Group
Executive
Director Corporate Affairs |
|
(on behalf
of the Altron Board of Directors)
|
(on behalf
of the Executive Committee) |
(on behalf
of the Transformation Committee) |
