SAQA All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.
SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Identify and explain the typical success factors for SMME promotion and a range of other local economic development strategies and tools 
SAQA US ID UNIT STANDARD TITLE
110507  Identify and explain the typical success factors for SMME promotion and a range of other local economic development strategies and tools 
ORIGINATOR
SGB Economics 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Finance, Economics and Accounting 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular  Level 5  Level TBA: Pre-2009 was L5  12 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Reregistered" 		 2018-07-01  2023-06-30  SAQA 06120/18 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2026-06-30   2029-06-30  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard does not replace any other unit standard and is not replaced by any other unit standard. 

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended for people who are, or seek to be, active in the local economic development context in South Africa. It introduces the learner to measures of success for typical local economic development strategies and tools. It provides an understanding of their application through studying SMMEs.

People credited with this Unit Standard are able to:
  • Define the concept of success in the local economic development environment and identify and discuss a range of factors that contribute to success
  • Identify the success factors relevant to a specified SMME promotion project and present them in a report
  • Apply a success factor analysis process to some other local economic development strategies and tools. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in Communication at NQF Level 4. 

    UNIT STANDARD RANGE 
  • Success factors include: available resources, skills in place, key stakeholder involvement, political will, sustainability
  • Strategies and tools include (the categories of) industrial recruitment and place marketing; investment promotion (domestic and foreign); export promotion; local and regional trade; human capital development and capacity building; direct interventions; community development; advisory and development centres. 
    		•

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Define the concept of success in the local economic development environment. 
    OUTCOME NOTES 
    Define the concept of success in the local economic development environment and identify and discuss a range of factors that contribute to success. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    1. The concept of success is defined in the local economic development environment. 

    ASSESSMENT CRITERION 2 
    2. Factors that contribute to success are identified in terms of the local economic development environment. 

    ASSESSMENT CRITERION 3 
    3. The link between these factors and a successful outcome is discussed by using an example of a local economic development project or programme. 

    SPECIFIC OUTCOME 2 
    Identify the success factors relevant to a specified SMME promotion project. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    1. Information on what constitutes success in the case of a specified SMME promotion project is gathered from a variety of sources, stakeholders and role players. 

    ASSESSMENT CRITERION 2 
    2. A list of relevant success factors is compiled and how each will be measured is agreed with reference to quantitative and qualitative assessment criteria. 

    ASSESSMENT CRITERION 3 
    3. A development plan for taking corrective action to achieve a greater level of success is compiled and presented in the form of a report with recommendations to encourage future success. 

    SPECIFIC OUTCOME 3 
    Apply a success factor analysis process to some other local economic development strategies. 
    OUTCOME NOTES 
    Apply a success factor analysis process to some other local economic development strategies and tools. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    1. A success factor analysis process is defined by drawing an annotated diagram. 

    ASSESSMENT CRITERION 2 
    2. The selected local economic development strategies and tools are described in terms of the specific local economic development goal(s) they are expected to achieve. 

    ASSESSMENT CRITERION 3 
    3. The success factor analysis process is applied to the selected local economic development strategies and tools and the findings are compiled and presented in the form of a report with recommendations to encourage future success. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
    1. Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA.

    2. Any institution offering learning that will enable achievement of this Unit Standard or will assess this Unit Standard must be accredited as a provider with the relevant ETQ, or with an ETQA that has a Memorandum of Understanding with the relevant ETQA

    3. Moderation of assessment will be overseen by the relevant ETQA according to the moderation guidelines in the relevant qualification and the agreed ETQA procedures or with an ETQA that has a Memorandum of Understanding with the relevant ETQA

    4. Therefore, anyone wishing to be assessed against this Unit Standard may apply to be assessed by any assessment agency, assessor or provider institution that is accredited by the relevant ETQA or with an ETQA that has a Memorandum of Understanding with the relevant ETQA. 

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • Budgeting and/or financial analysis
  • Measures of performance, impact etc. and the time value of money
  • Nature of own work context in terms of the various success factors i.e. contextual awareness
  • Details of local economic development projects and programmes and their histories
  • The assessment process and rules of evidence
  • Benchmarking and best practice and its application to local economic development. 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    Identify and solve problems in which responses display that responsible decisions using critical and creative thinking have been made by, e.g.
  • Identifying and explaining the typical success factors for SMME promotion and a range of other local economic development strategies and tool according to the assessment criteria for specific outcome:
  • Define the concept of success in the local economic development environment and identify and discuss a range of factors that contribute to success.
  • Identify the success factors relevant to a specified SMME promotion project and present them in a report
  • Apply a success factor analysis process to some other local economic development strategies and tools. 
    		•

    UNIT STANDARD CCFO WORKING 
    Work effectively with others as a member of a team, group, organization and community by, e.g.
  • Compiling a list of relevant success factors and how each will be agreed according to assessment criterion:
    A list of relevant success factors is compiled and how each will be measured is agreed with reference to quantitative and qualitative assessment criteria.
  • Compiling and presenting a development plan for corrective action according to assessment criterion:
    A development plan for taking corrective action to achieve a greater level of success is compiled and presented in the form of a report with recommendations to encourage future success. 
    		•

    UNIT STANDARD CCFO COLLECTING 
    Collect, analyse, organize and critically evaluate information by, e.g.
  • Identifying and explaining the typical success factors for SMME promotion and a range of other local economic development strategies and tools according to the assessment criteria for specific outcome:
  • Define the concept of success in the local economic development environment and identify and discuss a range of factors that contribute to success.
  • Identify the success factors relevant to a specified SMME promotion project and present them in a report
  • Apply a success factor analysis process to some other local economic development strategies and tools. 
    		•

    UNIT STANDARD CCFO COMMUNICATING 
    Communicate effectively using visual, mathematical and/ or language skills in the modes of oral and/ or written presentation by, e.g.
  • Discussing the link between these factors and a successful outcome by using an example of a local economic development project or programme according to assessment criterion:
    The link between these factors and a successful outcome is discussed by using an example of a local economic development project or programme
  • Compiling and presenting a development plan for taking corrective action to achieve a greater level of success in the form of a report with recommendations to encourage future success according to assessment criterion:
    A development plan for taking corrective action to achieve a greater level of success is compiled and presented in the form of a report with recommendations to encourage future success.
  • Defining a success factor analysis process according to assessment criterion:
    A success factor analysis process is defined by drawing an annotated diagram.
  • Describing the selected local economic development strategies and tools in terms of the specific local economic development goal(s) they are expected to achieve according to assessment criterion:
    The success factor analysis process is applied to the selected local economic development strategies and tools and the findings are compiled and presented in the form of a report with recommendations to encourage future success. 
    		•

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    REREGISTRATION HISTORY 
    As per the SAQA Board decision/s at that time, this unit standard was Reregistered in 2012; 2015. 

    UNIT STANDARD NOTES 
    N/A 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  36438   National Certificate: Local Economic Development  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2023-06-30  LG SETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    1. A4 Consultancy CC 
    2. AVAX SA 481 CC. T/A Mandisa Development Services 
    3. Central Institute of Professional Studies and Services 
    4. Edutraining Business College 
    5. Elvis Koena Consulting (Pty) Ltd 
    6. Giamanje TVET College 
    7. Growth Management Consulting 
    8. HDPSA 
    9. ICM t/a Institute for Career Management 
    10. Josmap Training Institute 
    11. Khehli Institute 
    12. Mamuhle Academy 
    13. MANCOSA Pty (Ltd) 
    14. Mortarboard Training Solutions 
    15. Petra Institute of Development 
    16. PFIM Trading (Pty) Ltd 
    17. PMA Holdings (PTY ) LTD. 
    18. Progressive School of Business and Engineering (Pty) 
    19. PTDEV (Pty) Ltd 
    20. Reflections Development Institute 
    21. Regent Business School (Pty) Ltd t/a Regent Business School 
    22. Siza Nesu Training and Consultants 
    23. Thinking Mind Trading 
    24. Transafric Consulting Pty Ltd 
    25. Tshepang Consulting & Project 
    26. Umqondo Consultancy 
    27. UNIVERSITY OF BUSINESS EXCELLENCE(PTY)LTD 
    28. University of Venda 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.