The Government Institution Pension Fund being cognisant that organisational culture is a key enabler for any successful strategy implementation, undertook a comprehensive organisational culture survey to examine its current culture and to map out the optimal culture that will propel the Fund to achieve its strategic plan.
According to the GIPF, one of the key findings of the study, was a lack of a clearly defined leadership style within GIPF and as a result decided to embark on a leadership programme that is aligned to the corporate strategy.
The Fund partnered with the Gordon Institutes Business School (GIBS) of the University of Pretoria for a tailer-made leadership programme, which seeks to combine real life GIPF challenges and contemporary leadership theories by using the GIPF business model, business plan and corporate strategy, targeting middle and senior management.
The programme, which commenced in 2020, also aims to help management think in unison towards the Fund’s challenges and opportunities.
Fund also came up with a talent management programme to capacitate the organisation with unique skills that are scares, in areas such as Investment, finance, and information systems to mention a few.
“I am quite happy to have a policy in place, as issues of talent management also touch on the issue of succession. It further ensures the Fund is always well-oiled, irrespective of whether certain individuals are there or not. In that respect, I am very excited about the future of GIPF,†said David Nuyoma, Chief Executive Officer of GIPF.
Fund is also currently working on a development leadership programme, especially tailored for supervisors, and for those just below management level.
The Fund does not only seek to bring cohesion amongst its leadership team, it has also applied a similar strategy towards how it communicates with its various stakeholders.
“GIPF made concerted effort to formulate an integrated marketing and communication strategy. This strategy seeks to create a multi-pronged communications and marketing campaigns that targets wider audiences. The strategy also assists in determining the right channels that will target the right audience with the right messaging, especially during the Covid-19 pandemic,†Nuyoma.
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