VALUE CREATION

OUR STRATEGY, PERFORMANCE AND IMPACT

Strategy Map 2024-2028

Purpose

The principal purpose and objective of the Institute is to promote the common interests of Members and Associates and the public interest by enhancing the relevance, values, competence and influence of Members and Associates in South Africa and abroad, and to contribute to economic and social development in South Africa

Vision

SAICA envisions a globally admired and diverse membership body of ethical professionals, driving transformative change and fostering excellence, inclusivity, economic relevance, and sustainability in the accountancy profession and the broader economy

Mission

SAICA advances the accountancy profession through robust member support, impactful advocacy, and transformative initiatives. Embracing economic and social relevance as well as sustainability, we champion ethical conduct, actively engage stakeholders, and contribute to positive societal and environmental impact

Strategic Pillar

Accelerated Member Value

Attractiveness and Transformation

Economic and Social Relevance

Winning Organisation

Member, Stakeholder

Accelerated Member Value

Outcome

Enhanced member engagement and support through comprehensive programmes and services that cater to their professional development and well-being
A robust, meaningful, consistent, differentiated and member-centric experience that ensures that all SAICA members associates are:

Trusted and respected
Globally connected, recognised and well represented
Fit-for-the-future, admired and highly employable
Properly supported

Objectives*

1. Provide member support to ensure continuing member relevance globally
2 Provide a voice of the profession to members to advocate and to enable stakeholder engagement
3. Build and protect global brands through an efficient, effective & integrated brand strategy that establishes SAICA’s unique positioning in the market globally
4. Provide effective, focused and integrated marketing and communication to our various stakeholder audiences
5. Provide members with a sense of belonging and care
6. Optimise member experience (Mex)

Attractiveness and Transformation

Outcome

Developed professionals and leaders through innovative, future focused continuous learning and development, cultivating resonant decision-making skills in business, digital, technical, and social domains
Profession-wide growth and sustainability by having expanded our talent pipeline and membership base, while actively championing diversity, inclusion, and transformation in alignment with the national agenda to benefit disenfranchised South Africans

Objectives*

7. Develop competent members and associates at point of entry to the profession
8. Attract and grow an accessible and inclusive profession
9. Transform the profession

Economic and Social Relevance

Outcome

Developed and positioned SAICA members and associates, as ethical and trusted entities that intentionally and consistently act in the best interest of the public by adhering to the principles of the code of professional conducts, without fear or favour
Impactful advocacy that enabled the audit reforms and professionalisation of the public sector
Adopted sustainability reporting framework(s) and implemented an Integrated Sustainability Plan developed with members
Advocated for the profession’s role in sustainable economic development, leveraging our members’ expertise in addressing critical economic challenges

Objectives*

10. Ethically dependable professionals serving public interest
11. Provide a voice for the profession for members to advocate in key national and global imperatives that anchor the profession (Advocacy)
12. Contribute to sustainability initiatives as per the national agenda and create a platform for members to contribute to SDGs and ESGs incl combatting corruption (internal and external focus)

Internal Processes, Financial

Winning Organisation

Outcome

Fit-for-the-future organisation (Ability to adapt to change, purpose driven organisational model, value driven, agile planning, fostering swift moves to emerging technologies that enable greater value creation with AI and automation, an innovative and sustainable organisation that attracts and retains talent). Excellent performance driven and accountability culture. Adapted to external factors such as evolving regulations, global economic shifts, or technological advancements for the organisation’s sustainability

Organisational Learning, People

Winning Organisation

Objectives*

13. IT-enabled operational efficiencies and proactively respond to stakeholders’ needs by embracing and leading digital innovation and sustainability
14. Grow a consistently engaged, collaborative and inspiring organisation
15. Ensure efficient processes, planning, risk identification and compliance
16. Achieve financial sustainability
17. Reduce impact on the environment
18. Transform the organisation in terms of the B-BBEE scorecard

* To ensure successful strategy execution, all strategic objectives are considered equally important. Therefore, these objectives not prioritised.