What if Hollywood doesn't call?
1
Volksrust Recorder - Column/Rubrieke 10 Recorder 13 February 2015 Hoekom is baie 'Anti-Kerk' Volksrust / Seme Business Column Willem Hüsselmann - 082 415 7725 Freddie Kapp - 017 735 4444 Johan Botha - 082 335 7274 Ashraf Moola - 082 588 5515 Ahmed Chotia - 082 554 4886 Ownership has become an even more important requirement in the updated Broad- Based Black Economic Empowerment Codes of Good Practice that will come into effect from May 1st, 2015, necessitating a wide range of companies to assess their structures and strategies in order to remain compliant. Importantly, the ownership provisions within the new codes will give some companies, mainly smaller black-owned enterprises, an opportunity to position themselves favourably amongst competitors. However, the reverse also applies in that companies that do not take pro-active steps to address their ownership profile will find it difficult to improve or even maintain their current rating and could see their BBBEE levels fall sharply which would reduce their ability to effectively do business within certain sectors of the economy (specifically state-owned enterprises). The updated codes essentially mean that the days of achieving suitable BBBEE compliance (level 4 or above) without doing some sort of ownership deal “are dead.” In addition, ownership is considered a “Priority Element” under the updated codes and non- compliance with the sub-minimum requirement stipulated by the codes will result in a company’s rating being further discounted by a full level. This applies particularly to companies in the Generic (annual turnover in excess of R50 million) and Qualifying Small Enterprises (“QSE”) (annual turnover of R10 - R50 million) categories. Exempt Micro Enterprises (annual turnover of below R10 million) have been least affected. e new codes should contact their rating agencies to obtain a rating before the end of April, as this will give them another year in which to address the new requirements. While many large companies have taken note of the requirements of the updated codes and taken steps to maintain or improve their overall BBBEE profiles, many smaller enterprises have not. The bottom line is that for most com- panies, an ownership deal is now practically unavoidable if they wish to maintain a BBBEE status of Level 6 or above. Focusing on the QSE sector, the updated codes for this sector are significantly more onerous than before, making it in many cases, easier (and potentially more cost effective) to imple- ment a 51% ownership transaction than to comply with all the other aspects of the code. Under the updated codes for QSEs, companies in the R10-R50 million annual turnover bracket will have to comply with all five elements of the new codes and can no longer select just four elements to comply with. However, if a company in this category is 51% black-owned it will automatically receive Level 2 status (or Level 1 if 100% black-owned), creating an additional incentive. If a company does a 51% ownership transaction in this sector, it can potentially gain a significant competitive edge over competitors struggling with BBBEE compliance under the updated codes that could sharply increase its turnover. In the larger Generic sector, companies have no choice but to implement and maintain properly structured BBBEE plans, but should undertake a cost/benefit analysis in respect of their requirements to meet the new codes. Significantly, skills development (another priority element) will also become an increasingly important and costly factor for these companies to address. It should be noted that the average Level 4 contributor under the old codes which does nothing to address the updated codes is likely to drop two levels to a Level 6 contributor under the updated codes. Even if a company in this sector scores 100% in each of the four other elements of the updated codes, it will not be able to achieve an overall Level 4 rating without an appropriate ownership transaction. The ownership target has however remained unchanged at 25% plus 1 share. This ownership requirement can be addressed in a number of ways including direct black investment by one of the many black-owned investment or private equity firms or a vendor- financed broad-based ownership structure to benefit previously disadvantaged employees or the greater community within which the company operates. The sector which has been least affected by the updated codes is the Exempt Micro Enterprises sector where Level 4 status will automatically apply to enterprises with annual turnover below the R10 million threshold. However, 100% black-owned enterprises in this sector will be granted Level 1 status and 51% black-owned enterprises will be granted Level 2 status, potentially increasing their competitiveness. By joining the Volksrust/Seme Business Chamber, you have the inside edge on what to do and how to do it to become fully compliant. For more info on joining contact any of our competent Management Committee members. Remember our first Annual Meeting on 24 February 2015. Ownership takes center stage in new BBE codes ‘n Groot persenta- sie van Volksrust se mense het ‘n “anti –kerk” ge- sindheid. Sommige natuurlik omdat hulle ‘n leefstyl van ongebondenheid koester. Sommige is kwaad vir die kerk, kwaad vir ‘n leraar of sommer net kwaad vir iemand wat iets gesê het waarvan hulle nie hou nie. Baie van die verskonings het sekerlik 'n bietjie meriete maar baie van die ver- skoning geen. Alles draai om die in- dividu se eie gemak en wat hy kan kry. Wanneer mense nie kry wat hulle wil hê nie, wel dan vat hulle die hasepad en blameer almal behalwe hulle eie egosentriese ge- sindheid. Ons moet in die- selfde asem ook krities na die kerk kyk. Soms staan die kerk skuldig. Soms mis ons God se doel met die plaaslike gemeente. Dit kan gebeur dat kerke soos ‘n besigheid bestuur word waar mense slegs ‘n nommer of ‘n lidmaat op ‘n vorm is. Die kerk kan ‘n geslote tipe van ‘n “klub” word net vir sekere mense. Kerk was nooit geroep om ‘n godsdiens te beoefen nie maar om ‘n lewende, heilige, aktiewe gemeenskap met helende karakter te wees. Nou gaan ek baie reguit en eerlik wees - as die kerk hierdie roeping mis, dan faal hy in geheel. Ons is nie geroep om net op ‘n Sondag by mekaar te kom en mooi liedjies te sing en te luister na ‘n preek nie. Die kerk is geroep en veror- dineer om lig en sout in die markplein te wees. Sommige dink dat slegs dominees, pastore en leraars geroep is om ‘n verskil te maak. Wel, dan verstaan ons die Woord van God verkeerd. Elkeen wat hom/haar ‘n Christen noem is geroep met ‘n heilige roeping om; eerstens God bo alles lief te hê maar dan om ook hulle naaste lief te hê. Elke lidmaat van enige Christelike kerk is veronderstel om die karakter en liefde van Jesus te weerspieël. ‘n Suksesvolle kerk of ‘n groeiende kerk verstaan dat elke lidmaat geroep is tot heiligmaking. Ons lewe, ons woorde, ons optrede, ons karakter moet die liefde en karakter van Christus weerspieël. Waar moet dit ge- beur? By die werk, by die skool, by sport- geleenthede, net waar ons beweeg. Ons kan die grootste sukses binne vier mure wees maar wanneer ons versuim om daardie sukses, liefde en salwing in die wêreld uit te leef, dan misluk ons in die groot opdrag. Dit is hier waar baie kies om die kerk te vermy. Hulle woorde is “hulle is almal ‘n klomp huigelaars,” want Maandag tot Saterdag leef hulle soos die hel maar Sondag wil hulle met hulle netjies klere en mooi kare heilig lyk. Kinders van die Here mag nie verwarrende boodskappe uitstuur nie. Kinders van die Here moet ‘n kon- stante eerlike Heilige lewenswandel tussen sondaars leef. Dan en dan alleen sal kerk weer kerk wees, sal sondaars toevlug by die kerk vind, kerke oorloop. Ek sluit af met die bekende ge- deelte. Mat 5:13 -16 Julle is die sout van die aarde, maar as die sout laf geword het, waarmee sal dit gesout word? Dit deug nêrens meer voor as om buite gegooi en deur die mense vertrap te word nie. Julle is die lig van die wêreld. ‘n Stad wat bo-op ‘n berg lê, kan nie wegge- steek word nie; en ‘n mens steek ook nie ‘n lamp op en sit dit onder die maatemmer nie, maar op die staan- der, en dit skyn vir almal wat in die huis is. Laat julle lig só skyn voor die mense, dat hulle julle goeie werke kan sien en julle Vader wat in die hemele is, ver- heerlik.Vrede Pastoor Johan Venter In my line of work I deal with a number of employee challenges. One of the biggest challenges I see on a daily basis, is folks who have Hollywood jobs. Let’s use Hollywood as a metaphor. Many aspiring actors end up in Hollywood hoping to make it as a star. Like Charlise Theron. Of course, stardom doesn’t just arrive (in fact, for most, it never does) so the aspirant has to find a job. “But, it’s only temporary, you understand, because I’m going to become a star”. So, the aspirant ends up working as a waiter, barman, barrista, exotic dancer and the like. Sadly, probably in 90% of the cases, Hollywood doesn’t call and they either stay in their current jobs, depressed and defeated or they go back home. I’m of the opinion that many of us are just like the aspiring actors we see going to Hollywood. You see, we think the job we’re in is not our real job. No, our real job is out there. This one is temporary. When my agent calls I will become a star. So, what’s the danger of that? Well it means that we don’t focus on the work in front of us and we don’t give our 100% effort. Many of us think that when we get our dream job our attitude will change and our lives will change. I think not. How we do our current job shows our character. And, if we have a slovenly and ‘do the bare minimum’ mindset a new job won’t change it. We will take our work ethic, character and attitude to the next job and get the same mediocre results we get in our current job. Not much will have changed. So, what to do? Hit the reality button ... our current job/career might be the one that we have for the rest of our lives. There’s no Hollywood agent call-back. If we do have an opportunity for a dream job, then we have the choice to pursue it and need to do everything in our power to get the job. But, if we’re stuck in our job, we still have a choice. We have a choice to be a giver and not a taker and put in 100% effort. This will define our character. We can change our attitude and see the job in front of us as meaningful and useful. We can live in the moment and make every moment magic. We have a choice to work for a cause greater than ourselves ... our team that toils with us and, of course, our family that relies on us. We can be there for each other and in the process create something masterful and wonderful. So, maybe, just maybe we’re already in our dream job and we just have to change our perspective. When we do that, we can make a difference in our lives and those of everyone around us. For further information: Jacques de Villiers [email protected] 082 906 3693 Change Your Story With Jacques de Villiers What if Hollywood Doesn't Call?
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Transcript of What if Hollywood doesn't call?
Volksrust Recorder - Column/Rubrieke10 Recorder 13 February 2015
Hoekom is baie 'Anti-Kerk'
Volksrust / SemeBusiness Column
Willem Hüsselmann - 082 415 7725Freddie Kapp - 017 735 4444Johan Botha - 082 335 7274Ashraf Moola - 082 588 5515Ahmed Chotia - 082 554 4886
Ownership has become an even moreimportant requirement in the updated Broad-Based Black Economic Empowerment Codesof Good Practice that will come into effectfrom May 1st, 2015, necessitating a wide rangeof companies to assess their structures andstrategies in order to remain compliant.Importantly, the ownership provisions withinthe new codes will give some companies,mainly smaller black-owned enterprises, anopportunity to position themselvesfavourably amongst competitors. However,the reverse also applies in that companiesthat do not take pro-active steps to addresstheir ownership profile will find it difficult toimprove or even maintain their current ratingand could see their BBBEE levels fall sharplywhich would reduce their ability to effectivelydo business within certain sectors of theeconomy (specifically state-ownedenterprises).The updated codes essentially mean that thedays of achieving suitable BBBEE compliance(level 4 or above) without doing some sort ofownership deal “are dead.” In addition,ownership is considered a “Priority Element”under the updated codes and non-compliance with the sub-minimumrequirement stipulated by the codes will resultin a company’s rating being furtherdiscounted by a full level.This applies particularly to companies in theGeneric (annual turnover in excess of R50million) and Qualifying Small Enterprises(“QSE”) (annual turnover of R10 - R50 million)categories. Exempt Micro Enterprises (annualturnover of below R10 million) have been least
affected.e new codes shouldcontact their ratingagencies to obtain arating before the endof April, as this willgive them anotheryear in which toaddress the newrequirements. Whilemany large companieshave taken note of therequirements of theupdated codes andtaken steps tomaintain or improvetheir overall BBBEEprofiles, many smallerenterprises have not.The bottom line isthat for most com-panies, an ownershipdeal is now practicallyunavoidable if theywish to maintain aBBBEE status ofLevel 6 or above.Focusing on the QSEsector, the updatedcodes for this sectorare significantly moreonerous than before,making it in manycases, easier (andpotentially more costeffective) to imple-ment a 51%
ownership transaction than to comply withall the other aspects of the code.Under the updated codes for QSEs,companies in the R10-R50 million annualturnover bracket will have to comply with allfive elements of the new codes and can nolonger select just four elements to complywith. However, if a company in this categoryis 51% black-owned it will automaticallyreceive Level 2 status (or Level 1 if 100%black-owned), creating an additionalincentive.If a company does a 51% ownershiptransaction in this sector, it can potentiallygain a significant competitive edge overcompetitors struggling with BBBEEcompliance under the updated codes thatcould sharply increase its turnover.In the larger Generic sector, companies haveno choice but to implement and maintainproperly structured BBBEE plans, but shouldundertake a cost/benefit analysis in respectof their requirements to meet the new codes.Significantly, skills development (anotherpriority element) will also become anincreasingly important and costly factor forthese companies to address.It should be noted that the average Level 4contributor under the old codes which doesnothing to address the updated codes is likelyto drop two levels to a Level 6 contributorunder the updated codes.Even if a company in this sector scores 100%in each of the four other elements of theupdated codes, it will not be able to achievean overall Level 4 rating without anappropriate ownership transaction. Theownership target has however remainedunchanged at 25% plus 1 share. Thisownership requirement can be addressed ina number of ways including direct blackinvestment by one of the many black-ownedinvestment or private equity firms or a vendor-financed broad-based ownership structure tobenefit previously disadvantaged employeesor the greater community within which thecompany operates.The sector which has been least affected bythe updated codes is the Exempt MicroEnterprises sector where Level 4 status willautomatically apply to enterprises with annualturnover below the R10 million threshold.However, 100% black-owned enterprises inthis sector will be granted Level 1 status and51% black-owned enterprises will be grantedLevel 2 status, potentially increasing theircompetitiveness.By joining the Volksrust/Seme BusinessChamber, you have the inside edge on whatto do and how to do it to become fullycompliant.For more info on joining contact any of ourcompetent Management Committee members.Remember our first Annual Meeting on 24February 2015.
Ownership takes centerstage in new BBE codes
‘n Groot persenta-sie van Volksrustse mense het ‘n“anti –kerk” ge-sindheid. Sommigenatuurlik omdathulle ‘n leefstyl vanongebondenheidkoester. Sommige iskwaad vir die kerk,kwaad vir ‘n leraarof sommer netkwaad vir iemandwat iets gesê hetwaarvan hulle niehou nie. Baie vandie verskoningshet sekerlik 'nbietjie meriete maarbaie van die ver-skoning geen. Allesdraai om die in-dividu se eie gemaken wat hy kan kry.Wanneer mense niekry wat hulle wil hênie, wel dan vathulle die hasepaden blameer almalbehalwe hulle eieegosentriese ge-sindheid.Ons moet in die-selfde asem ookkrities na die kerk
kyk. Soms staan diekerk skuldig. Somsmis ons God se doelmet die plaaslikegemeente. Dit kangebeur dat kerke soos‘n besigheid bestuurword waar menseslegs ‘n nommer of ‘nlidmaat op ‘n vorm is.Die kerk kan ‘ngeslote tipe van ‘n“klub” word net virsekere mense. Kerkwas nooit geroep om‘n godsdiens tebeoefen nie maar om‘n lewende, heilige,aktiewe gemeenskapmet helende karakterte wees. Nou gaan ekbaie reguit en eerlikwees - as die kerkhierdie roeping mis,dan faal hy in geheel.Ons is nie geroep omnet op ‘n Sondag bymekaar te kom enmooi liedjies te singen te luister na ‘npreek nie. Die kerk isgeroep en veror-dineer om lig en soutin die markplein tewees. Sommige dink
dat slegs dominees,pastore en leraarsgeroep is om ‘nverskil te maak. Wel,dan verstaan ons dieWoord van Godverkeerd. Elkeen wathom/haar ‘n Christennoem is geroep met ‘nheilige roeping om;eerstens God bo alleslief te hê maar dan omook hulle naaste liefte hê. Elke lidmaat vanenige Christelike kerkis veronderstel om diekarakter en liefde vanJesus te weerspieël.‘n Suksesvolle kerk of‘n groeiende kerkverstaan dat elkelidmaat geroep is totheiligmaking. Onslewe, ons woorde,ons optrede, onskarakter moet dieliefde en karakter vanChristus weerspieël.Waar moet dit ge-beur? By die werk, bydie skool, by sport-geleenthede, netwaar ons beweeg.Ons kan die grootstesukses binne vier
mure wees maarwanneer ons versuimom daardie sukses,liefde en salwing indie wêreld uit te leef,dan misluk ons in diegroot opdrag. Dit ishier waar baie kies omdie kerk te vermy.Hulle woorde is“hulle is almal ‘nklomp huigelaars,”want Maandag totSaterdag leef hullesoos die hel maarSondag wil hulle methulle netjies klere enmooi kare heilig lyk.Kinders van die Heremag nie verwarrendeboodskappe uitstuurnie. Kinders van dieHere moet ‘n kon-stante eerlike Heiligelewenswandel tussensondaars leef. Dan endan alleen sal kerkweer kerk wees, salsondaars toevlug bydie kerk vind, kerkeoorloop. Ek sluit afmet die bekende ge-deelte.Mat 5:13 -16 Julle isdie sout van die
aarde, maar as diesout laf gewordhet, waarmee saldit gesout word?Dit deug nêrensmeer voor as ombuite gegooi endeur die mensevertrap te word nie.Julle is die lig vandie wêreld. ‘n Stadwat bo-op ‘n berglê, kan nie wegge-steek word nie; en‘n mens steek ooknie ‘n lamp op ensit dit onder diemaatemmer nie,maar op die staan-der, en dit skyn viralmal wat in diehuis is. Laat julle ligsó skyn voor diemense, dat hullejulle goeie werkekan sien en julleVader wat in diehemele is, ver-heerlik.VredePastoor Johan Venter
In my line of work I deal with a number ofemployee challenges. One of the biggest challengesI see on a daily basis, is folks who have Hollywoodjobs.Let’s use Hollywood as a metaphor. Manyaspiring actors end up in Hollywood hoping tomake it as a star. Like Charlise Theron.Of course, stardom doesn’t just arrive (in fact, formost, it never does) so the aspirant has to find ajob. “But, it’s only temporary, you understand,because I’m going to become a star”.So, the aspirant ends up working as a waiter,barman, barrista, exotic dancer and the like.Sadly, probably in 90% of the cases, Hollywooddoesn’t call and they either stay in their currentjobs, depressed and defeated or they go back home.I’m of the opinion that many of us are just likethe aspiring actors we see going to Hollywood.You see, we think the job we’re in is not our realjob. No, our real job is out there. This one istemporary. When my agent calls I will become astar.So, what’s the danger of that? Well it means thatwe don’t focus on the work in front of us and wedon’t give our 100% effort.Many of us think that when we get our dream jobour attitude will change and our lives will change.I think not. How we do our current job shows ourcharacter. And, if we have a slovenly and ‘do thebare minimum’ mindset a new job won’t changeit. We will take our work ethic, character and
attitude to the next job and get the same mediocreresults we get in our current job. Not much willhave changed.So, what to do? Hit the reality button ... ourcurrent job/career might be the one that we havefor the rest of our lives. There’s no Hollywoodagent call-back. If we do have an opportunity fora dream job, then we have the choice to pursue itand need to do everything in our power to get thejob.But, if we’re stuck in our job, we still have achoice.We have a choice to be a giver and not a taker andput in 100% effort. This will define our character.We can change our attitude and see the job in frontof us as meaningful and useful.We can live in the moment and make every momentmagic.We have a choice to work for a cause greater thanourselves ... our team that toils with us and, ofcourse, our family that relies on us. We can bethere for each other and in the process createsomething masterful and wonderful.So, maybe, just maybe we’re already in our dreamjob and we just have to change our perspective.When we do that, we can make a difference in ourlives and those of everyone around us.
For further information:Jacques de [email protected] 906 3693
ChangeYourStory
With Jacques de Villiers
What if Hollywood Doesn't Call?
