How we intend to deliver value through our iHEALTh strategic objectives
Our seven strategic objectives (iHEALTh) have been formulated to guide our execution. Their successful implementation will foster change and growth that translates into financial sustainability and successful accomplishment of the SANBS mission.
Our strategic priorities reflect:
Our strategy remains clear and sharply defined and is designed
to future-proof our organisation. We have completed the first of
a five year strategy in a period that represents an important
milestone for the SANBS.
We continue to be an organisation on the move within a fast changing
macro and micro environment and significantly affected by the
outbreak of the pandemic as our financial year drew to a close in
March 2020.
More so than ever, people and relationships remain our greatest assets.
Innovation is our path towards future success and that is why iHEALTh is
such an important part of our strategic thrust.
iHEALTh renders visible and measurable objectives. These objectives
have been simplified from everyone’s collaborative input and
understanding. As the SANBS, we have to ensure that we continuously
align our human and financial resources to meet our strategic
objectives and priorities as identified in this strategy. Anchored by our
vision, mission and core values, our strategy for 2019 – 2024 is serving as
a guide for our strategic alignment.
The strategy sets concise and measurable outcomes (See Performance against Strategy)
based as it is on the standards and framework of the SANBS. Key to
the success of the strategy is buy-in from everyone, including the Board,
the executive committee and all employees.
Our mission statement “To reliably provide trusted blood products
and services to all patients at a world class level of cost and quality
while innovating new treatments to enhance human healthcare”
embraces four key metrics – Cost, Quality, Reliability and Coverage –
which are being actively measured and addressed in the strategic
objectives of the business. These are described in detail below.
In 2019/20 we further unpacked our strategic goals around these four
metrics and agreed weighted indices to guide our performance. These
also inform our thinking and assist the governance structures in their
assessment of delivery vs the 5 year plan. Essentially each of these
indices comprises a number of internal metrics and at least 1 external
metric to ensure comparability with other blood services.
There have been no changes made to these metrics.
To reliably provide trusted blood products and services to all patients at a world class level of cost and quality while innovating new treatments to enhance healthcare
To be the cornerstone of healthcare services in South Africa, through the gift of life
Trusted to SAVE lives
Reliability, for SANBS is a foundational value that aligns our organisation with the quality of being able to perform well, irrespective of the challenges that we encounter, as well as being trustworthy. We maintain product and service reliability through:
Cost management is an important consideration. Over the past few years, operating costs have increased above inflation. We will strive to contain these costs going forward. Unpaid debts from government and private entities also need to be urgently reduced. Addressing these issues head on will ensure SANBS’ financial sustainability in the long run.
We will achieve reduced costs by:
Quality is a crucial part of SANBS, and an
important pillar for the future. Quality processes will ensure we are able to track our activities and manage them optimally, from the screening process of blood donors to the transfusion of blood products to patients.
Direct message and Notifications systems have been enhanced and streamlined for an improved user experience. Staff log improvement opportunities responding proactively to deficiencies. The quality team is integrated into the operational areas and is approached as advisory experts.
Optimal quality of SANBS is, and will be achieved through:
An entrenched quality culture
International standards accreditation
Quality improvements through quality failure logging
Reducing wastage and adverse effects
Improving service quality with insight from our stakeholder experience
It is imperative for the SANBS to have its blood and blood products made available to all, irrespective of location.
As an organisation, we provide trusted blood products and services, and these need to be available to all patients. We also have to be able to meet growing expectations and demands.
We will extend coverage to all through:
Collecting blood at key population concentration points
Services available in traditional and new areas
Curbing blood shortages in previously under serviced areas
Initiatives including use of:
Strategic objectives | |||||||
---|---|---|---|---|---|---|---|
Improve and expand current products and services through innovation. |
Enhance donor experience through a human centred approach. Enhance brand advocacy. |
Achieve operational excellence that consistently produces efficient and effective products and services. |
Build administrative rigour in all order to pay processes. |
Move blood products in the value chain in a timely,effective and efficient manner. |
Provide top quality testing in an efficient manner. |
Win the hearts and minds of SANBS employees and stakeholders. |
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STRATEGIC INITIATIVES MAPPED AGAINST THE STRATEGIC FRAMEWORK - Integral pillars to execute strategy | |||||||
PERFORMANCE INCENTIVE BONUS METRICS 2021/2022 - each of the iHEALTh, except L, have KPI's that are included in the performance incentives - below is the example for "i" |
STRATEGIC OBJECTIVES Innovation |
PERFORMANCE MEASURES Revenue from new income streams |
ANNUAL TARGET R63m*illustrative numbers only |
APR-JUN 2021 R13.8m*illustrative numbers only |
APR-SEP 2021 R30.7m*illustrative numbers only |
APR-DEC 2021 Q3 YTD Rm*illustrative numbers only |
APR 2021- MAR 2022 Q4 YTD Rm*illustrative numbers only |
To remain relevant we have to remain on top of global healthcare trends. Add to this our close ties with the South African healthcare sector, we are able to maintain our high standard of service delivery. Our processes ensure that we operate at optimal levels. We are committed to remain an admired organisation and to this end, we will do all in our power to meet stakeholder expectations.
With our iHEALTh strategy, value measuring metrics and revised Target Operating Model (TOM), we are well placed
to deliver on the needs, interests and expectations of all of our stakeholders.