HOW WE CREATE VALUE

Building brand equity

WHAT WE DO TO MAKE A DIFFERENCE

The Brand and Marketing Division of SAICA plays a pivotal role in driving the relevance and reputation pillar of the corporate strategy, whilst supporting the delivery of the other strategic pillars. In so doing, it is shaping the reputation of the accountancy profession and the Institute globally by positioning the profession, its members and its associates not only as trusted and ethical leaders but also as difference makers in society.

This was achieved through the implementation of an integrated brand and marketing strategy to actively promote SAICA and its designations (CA(SA), AGA(SA) and AT(SA)), as well as partnerships with Thuthuka, The Hope Factory and SAICA ED. To ensure a well-orchestrated and unified brand experience, the various brand, marketing and communication activities were weaved together with ‘Difference Makers’ as the golden thread. The collective effort of the Brand and Marketing and other SAICA divisions resulted in the global position and recognition of SAICA and its CA(SA) designation as ‘the number 1 trusted’ in the world according to Edelman Dxl Research, 2023 as well as an uplift in key brand health indicators.*

STRATEGIC PILLAR

FOCUS
  • Strategic Brand Management
  • Integrated Marketing Communications (IMC) / Integrated Go-to-Market (IGTM)
  • Corporate Communications
  • Digital Marketing
  • Publishing
  • Commercial and Business Development
  • Seminars and Events

CA(SA) BRAND METRICS

While the strategy continues to evolve, leading to enhanced coverage and visibility of other designations, it is important to note that, from a brand health tracking perspective, the CA(SA) designation received the lion’s share of the resources. As a result, the following brand metrics specifically reflect the impact on the CA(SA) designation:

*Based on research done by Edelman DxI in collaboration with Chartered Accountants Worldwide.

Stakeholder 2023 2022 2021 2020 2019
Attractiveness
PHI¹ CA(SA) Attractiveness Index Learners, students, and trainees 89,50% 86,16% 90% 87% 87%
Relevance and Reputation
PHI Brand Admiration Index All stakeholders 82,67% 79,89% 79% 77% 95%
Brand strength of the CA(SA) designation
Spontaneous Awareness Index Business decision-makers 89% 92% 94% 90% 87%
Preference in Employees Index 77% 68% 78% 74% 67%
Net Promoter Score² 31% 34% 29% 37% 36%
Trust Index 84% 83% 83% 84% 80%
Admiration Index 75% 70% 73% 68% 68%

¹ Professional Health Index.
2 Percentage of respondents encouraging their children to become CAs(SA).

Overall performance of the CA(SA) brand metrics

There was overall positive performance of the CA(SA) designation, especially when looking at it together with the outcomes of the Edelman Dxl research 2023.

Some of the key insights:

  • Albeit an increase in spontaneous awareness amongst CA(SA) respondents, there was a decline in spontaneous awareness amongst the Non-CA(SA) group, resulting in a net decline. This could be attributed to the level of marketing investment relative to the intended objectives. The revised corporate strategy aims to address this issue by reassessing the level of marketing investment.
  • The decline in the Net Promoter Score (NPS) also came from the Non-CA(SA) responder group.
  • Worth highlighting and celebrating is that the biggest percentage uplift was noted in admiration coming from the Non-CA(SA) group, which means that if we resolve the marketing investment constraints (spontaneous awareness) and convert more detractors (NPS), we can use the attractiveness indicator to positively contribute to the Attractiveness and Transformation pillar of the new strategy.

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