MWPF GEMERS FEED

Mineworkers Provident Fund

GEMERS FEED

 
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APRIL 2020

 
 

Recapping on the 2020 Strategy

 
 
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         n 09 March MWPF came together to unpack the 2020 strategy at the Parktonian Hotel where executives and managers took staff through an in-depth plan for 2020. To ensure that the 2020 strategy stays top of find, we have recapped the key focus areas for each business unit.

BUSINESS STRATEGY


The core focus for MWPF for the next two years (2020-2021) is:
  • Creating a culture of service - priority looking into having MWPF way.
  • Growing our member base significantly - looking into partnerships, mergers where possible.
  • Creating internal capacity to be able to compete and deliver in this challenging environment - investing in staff and leadership development - bursaries and internal training programmes and workshops.

BUSINESS DEVELOPMENT


The Business Development Team’s mandate is to significantly grow the member base of the organisation, while ensuring that the marketing of our services and effective communication with our members takes place. In Business Development the key focus in supporting the strategy for the next two years will be: SERVICE and OUR UNDERSTANDING.

SERVICE:
  • Champion the service culture change through facilitating the implementation of MWPF Way on behalf of the organization.
  • Introduce SLAs with all our internal service providers.
UNDERSTANDING:
  • Improve our member communication, brand awareness through various marketing activities.

SECRETARIAT


In the Secretariat department the key focus in supporting the strategy for the next two years will be: SERVICE and UNDERSTANDING.

UNDERSTANDING:
  • Ensure that an attractive and relevant CVP is developed to attract and retain members to the fund.
  • Expand the product offering for members by introducing relevant product solutions for our clients.
  • Improve our relationships with our stakeholders through effective engagements.
SERVICE:
  • Improve communication and transparency between MWPF and all key stakeholders.
  • Ensure that we are compliant with all legislation.
 
 

FINANCE


The Finance department’s key financial deliverables are:
  • Improve Risk Management Framework.
  • Integrate Risk Management System.
  • Return on Capital Expenditure and Strategic Projects.
  • Proactive Fraud control and Management.
  • Improve control Environment & Combined Assurance.

OPERATIONS & IT


IT and Operation’s mandate is to define and implement an effective and efficient customers service strategy that enhances customer experience, retention and growth. In operations & I.T. the key focus in supporting the strategy for the next two years will be: SYSTEMS, SERVICE, OUR PEOPLE.

SERVICE:
  • Delivering significant improvement in payment turnaround times. Claims with all documents received to be paid within two days and those with missing documents within two weeks. No claim will move beyond two months of those received in 2020.
  • Significantly deal with backlog claims.
  • Significantly focus on Productivity.
  • Reduce complaints significantly.
OUR PEOPLE:
  • Capacitate staff especially managers and supervisors.
  • Recognise teamwork and drive MWPF values.
SYSTEMS:
  • Optimise utility of our systems to enhance service.
  • Focus on BI that helps drive performance and business decision making.

HUMAN RESOURCES


In the Human Resource department the key focus in supporting the strategy for the next two years will be: OUR PEOPLE & SERVICE.

OUR PEOPLE:
  • Ensure that performance management knowledge and practice is improved so that it is intertwined into the culture of the organisation.
  • Focus intently on capacitating staff and leadership to be able to deliver on business requirements.
  • Embeds the MWPF values.
SERVICE:
  • Organisational development work that will ensure that the organization is future fit.
  • Introduce an employee value proposition that assist the business in driving loyalty as well as service excellence.
  • Significantly drive and promote a service culture through our PC and Rewards.
 
 
 
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