OUR CAPITALS
Building and maintaining strong relationships and staying connected with our key stakeholders is vital for the success and sustainability of our operations.
To address this need, stakeholder management has been elevated to a strategic priority, allowing us to oversee stakeholder relations more comprehensively and ensure we meet expectations while enhancing the quality of our connections.
Our commitment to understanding and addressing the needs, interests, and expectations of our stakeholders drives us to rejuvenate our engagement strategies, which aim to solidify the foundation of our relationships. We periodically conduct stakeholder surveys, and we plan to increase their frequency in the future to gather valuable feedback.
The Governance, Social, and Ethics Committee monitors our stakeholder engagement efforts. We have revised our stakeholder map using the Power-Interest approach, which helps us identify, assess, and prioritise stakeholders based on their influence and interest in our organisation.
This approach involves two key dimensions: 1) the influence or power each stakeholder holds over SANBS and 2) their interest in our activities. By plotting these dimensions on a simple rating scale, we can categorise stakeholders into four groups.
The strategy for engaging each group will differ, with a particular focus on stakeholders in the top right quadrant—those with high influence/power and high interest.
Business process owners are responsible for developing tailored stakeholder engagement plans and effective communication strategies to ensure we foster meaningful relationships with all our stakeholders.
Influence/Power of Stakeholders |
High Power, Low interest [Meet their needs,Keep satisfied] | High Power, High Interest [Key player, Engage closely] |
Low Power, Low interest [Least important, Minimal effort] | Low Power, High Interest [Show Consideration,Keep informed] | |
Interest of stakeholders |
We group our stakeholders as follows:
Include the people we employ, our Board and the unions that represent our people.
These comprise anyone who donates blood, the donor structures including National Council, Zone Donor Committees and Branch Donor Committees.
Comprises the National Department of Health, SANAS, SAHPRA and the ISO Standards
Includes anyone who accesses our products or services including doctors, nurses and patients
Medical aid schemes, Treasury, Regional DoH
Those from whom we buy goods and services
Local and international health and transfusion medicine organisations (Western Cape Blood Service (WCBS), International Society for Blood Transfusion (ISBT), Association for the Advancement of Blood and Biotherapy (AABB), African Society for Blood Transfusion (AfSBT), South African Society for Blood Transfusion (SASBT)
The information that follows in the tables, on the following pages, describes our frequency of engagement with our stakeholders, their needs, interests and expectations, risks and opportunities and how we respond to these.
We also provide management’s assessment of the current relationship against a desired relationship and give details of the status of current engagements with our various stakeholders. Management have assessed most relationships as good (i.e. engagement is ongoing and some opportunity exists for improvement). Three are rated as fair (i.e. while engagement takes place, improvement is required).
Ongoing work is being done to give attention to improving our relationship with stakeholders in line with SANBS’s strategic priorities. Particular attention will be given to stakeholders categorised as having high power and high interest.
Specific actions will include deepening the foundation of communication, periodically revisiting the mutual understanding of expectations and seeking opportunities for both parties to gain from the relationship.
We recognise that building trust is a gradual process that requires consistent effort over time.