The strategy focuses on maximizing the influence of the National Treasury Chairship to advance the Southern African Customs Union's (SACU) objectives. It emphasizes defining a shared SACU agenda which involves collaboration with member states through workshops and stakeholder consultations. For example, gathering insights can help shape a unifying goals list that aligns with SACU's strategic vision. Another key part is enhancing the funding capacity for SACU's work. Reviewing and sourcing new funding mechanisms ensures the organization's financial sustainability, and engaging financial experts fosters better governance. Finally, reviewing organisational and pay structures will ensure efficiency and fair compensation, with benchmarking against similar entities helping guide improvements.
The strategies
⛳️ Strategy 1: Define a shared SACU agenda
- Organise workshops with member states to collaborate on defining a shared SACU agenda
- Consult with key stakeholders to gather insights and recommendations for the agenda
- Identify key priorities from the mid-term review of the 2022 SACU Strategic Plan
- Develop a draft agenda that aligns with the 're-imagination of SACU' goals
- Establish a formal review committee to finalise the shared SACU agenda
- Create a detailed work programme to support the implementation of the agenda
- Present the agenda and work programme to SACU members for approval
- Communicate the approved agenda to all member states and stakeholders
- Document lessons learned from the chairship to inform future agendas
- Create an evaluation framework to measure the progress of the shared agenda
⛳️ Strategy 2: Enhance funding capacity for SACU Work Programme
- Review the current funding mechanisms within SACU
- Identify potential external funding sources for SACU initiatives
- Develop a resource mobilisation strategy aligned with the SACU Strategic Plan
- Engage financial experts to enhance effective financial governance practices
- Organise capacity-building workshops on resource mobilisation for member states
- Collaborate with international donors for potential funding partnerships
- Set specific fundraising targets to support SACU's strategic initiatives
- Implement financial tracking systems to monitor resource mobilisation efforts
- Analyse funding allocation to ensure alignment with strategic priorities
- Prepare regular progress reports on the resource mobilisation efforts
⛳️ Strategy 3: Review and finalise organisational and pay structures
- Conduct a comprehensive assessment of the current organisational structure
- Engage human resources experts to propose optimisations for the pay structure
- Organise stakeholder consultations to discuss pay structure changes
- Benchmark against similar organisations to identify best practices
- Develop a proposal for the revised organisational and pay structures
- Present the proposed structures to SACU leadership for approval
- Implement the approved organisational and pay structure changes
- Communicate changes to all staff with clear rationale and timelines
- Conduct feedback sessions to address concerns from staff members
- Monitor the impacts of the changes and adjust policies as needed
Bringing accountability to your strategy
It's one thing to have a plan, it's another to stick to it. We hope that the examples above will help you get started with your own strategy, but we also know that it's easy to get lost in the day-to-day effort.
That's why we built Tability: to help you track your progress, keep your team aligned, and make sure you're always moving in the right direction.
Give it a try and see how it can help you bring accountability to your strategy.
