Since its inception, BANKSETA recognises the need to be proactive in developing an inclusive sector strategy to determine how individual programmes cohesively respond to the sector profile as determined by the Sector Skills Plans and to manage the risks it might face. In the development of the strategy, BANKSETA is cognisant of aligning governance and organisational capacity to meet the SETA needs (especially research and financial capacity) as well as balancing the priorities from a national and government basis with the priorities prevalent in the sector.
The following policy priorities have guided the development of the strategic focus areas:
- The National Skills Development Strategy III
- The National Skills Accord
- The National Development Plan