a. Following the formation of the new Ministry of Entrepreneurship under which LEA now falls, you have been asked to choose two of LEA’s values and explain their relevance to your new principals.  b. State the following aspects of LEA’s strategy and explain how they support the Government of Botswana’s reset agenda.   vision  mission c. Do the above mission and vision meet the characteristics below and support your answer with reasons.   Brief  Flexible  Distinct / unique d. State LEA’s Customers and two of its Stakeholders.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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In Accordance with The Small Business Act (SBA), Local Enterprise Authority’s Mandate Is to 
Promote Entrepreneurship and Develop The Small, Medium and Micro Enterprises (SMMES) 
through: 
 Providing assistance to SMMEs in the preparation of business plans, feasibility studies and 
market surveys; 
 Improving the business skills and competences of SMME entrepreneurs through the provision 
of training and advisory services in entrepreneurship development, technology, marketing and 
through appropriate mentoring services; 
 Creating growth opportunities for SMMEs through securing greater access to Government 
procurement contract for goods and services, in consultation with Government Ministries, local 
authorities and Parastatal organizations; 
 Identifying SMME firms with export potential and assist them to enhance their productivity 
and competitiveness for export markets; 
 Promoting business linkages between SMMEs and big industries, including the purchasing of 
locally produced goods and services by larger firms; 
 Facilitating access to information on support services and sourcing of raw materials by SMMEs 
through publicity, outreach and information technology; 
 Working with relevant institutions to develop and implement appropriate product and service 
standards, and to enhance both quality awareness and improvement of SMME products and 
services through training and advisory services that lead to certification of these products and 
services; 
 Monitoring and evaluating the impact of functions set out under this and above paragraphs and 
provide mentoring services in order to achieve long term sustainability of SMMEs;
 Working with SMME entrepreneurs and technology institutions to facilitate innovation, 
acquisition, adaptation and diffusion of appropriate technology for effective use by SMMEs; 
 Facilitating access to funding for enterprise development as well as expanding existing 
enterprises through regular consultation with financial institutions; 
 Making recommendations to the Minister on ways to simplify regulations which impose a 
burden on SMMEs in terms of compliance, time, effort and money; 
 Ensuring that SMMEs trainers, training institutions, training programmes and materials are 
accredited in accordance with the Botswana Qualifications Authority (BQA) standards or the 
standards of such other authority as the Minister may approve; and Facilitating and coordinating the provision of infrastructure and facilities such as factory shells 
and working space, including serviced land and utility services for SMMEs, in conjunction 
with Local Authorities, Parastatal organizations, the Private sector and the Government. 
The Authority’s key deliverables as per the SBA are summarized as follows: 
 Promotion of citizen entrepreneurship; 
 Further diversification of the economy; 
 Promotion of exports; 
 Development of a competitive SMME community; 
 Creation of sustainable employment opportunities; 
 Promotion of development of vertical integration and the horizontal linkages; between SMMEs 
and primary industries in agriculture, services, manufacturing and tourism; 
 Improved efficiency in the delivery of services to business; 
 Promotion of business linkages between small and large enterprises.
The LEA Incubators:
 Francistown Industrial Business Incubator
 Leather Industries Incubator in Gaborone
 Glen Valley Horticulture Incubator in Gaborone
 Pilane Multi-Purpose Business Incubator
 Kutla Incubation Centre in Gaborone
OUR VISION
To be the centre of excellence for entrepreneurship and sustainable SMME development in 
Botswana.
OUR MISSION
To promote and facilitate entrepreneurship and SMME development through targeted 
interventions in pursuit of economic diversification.
OUR VALUES
Self-Driven
 We are passionate, accountable, eager to learn, persistent and determined to achieve personal 
goals so that the entire team achieves its desired results.
Transformational Leadership
 We are inspired and self-led, motivated, innovative and accountable to achieve maximum 
potential in a favourable work environment.
Partnership
Use the case study above on LEA to answer the questions below. The student may use other
resources to supplement their answers. 
a. Following the formation of the new Ministry of Entrepreneurship under which LEA now falls,
you have been asked to choose two of LEA’s values and explain their relevance to your new
principals. 
b. State the following aspects of LEA’s strategy and explain how they support the Government of
Botswana’s reset agenda. 
 vision
 mission
c. Do the above mission and vision meet the characteristics below and support your answer with
reasons. 
 Brief
 Flexible

 Distinct / unique

d. State LEA’s Customers and two of its Stakeholders. 

 

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