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Sectoral funds
Sectoral funds are foundations that aim to optimise and professionalise the functioning of sector-specific labour markets. When new legislation is introduced, when there is a sector-wide need for new staff, or when the entire sector must find answers to the same challenges, the sector fund often acts as the central coordinating hub.
You’ll probably recognise this…
You understand better than anyone the tension between innovation and accountability: developing new concepts to move the sector forward, while ensuring every euro is spent responsibly and efficiently.
Developing new services quickly, but the execution lags behind, resulting in increasing workload and inefficiency
Affiliated employers find that the service delivery is slow and often contains errors
The inflow of new staff into the sector is lagging behind the current demand
Solution:
At BPM Consult, we help sector funds like yours to optimise both current and new services in a structured, project-based way, enabling the sector to operate more efficiently and effectively.
The result:
Higher intake and more lateral entry
When the sector fund has control over its processes, it can run more targeted campaigns and establish partnerships to increase both the inflow of new entrants and lateral hires into the sector.
More sustainable deployment of staff within the sector
Through process control, the sector fund can better respond to sustainable employability, such as training, career development and the wellbeing of employees.
Efficient use of sector funds
A sector fund that is in control can deploy sectoral resources in a targeted way to maximise the impact of labour market projects and workforce development.
Accessible specialist expertise
Process optimisation enables the sector fund to make specialist expertise available more quickly and more widely to organisations within the sector.
Collective solutions for sector-wide challenges
With well-designed processes in place, the sector fund can develop collective solutions more quickly and effectively to address shared challenges within the sector.