Chapter 4:
Value adding activitites

Honoris value creation for impact

Our value creation process depicts how we use our inputs to create value adding activities to deliver value and make a lasting lasing, sustainable impact for our stakeholders

INPUTS

The resources we use and rely on as enablers to create value

OUTPUTS

Our value adding activities

OUTCOMES

The value delivered

FINANCIAL CAPITAL
  • Revenue generated through tuition and fees charged to students
  • Funds received in the form of grants/contracts
Manufactured Capital
  • 14 leading institutions, including multi-disciplinary universities
  • 70+ Campuses
  • 420 + Degree Courses campus-based or in distance learning
Intellectual Capital
  • Innovative learning and teaching
  • Strong international brand
  • Strong academic excellence
  • Collaborative intelligence between leading institutions across the continent
  • Developing skills required for the 21st century to drive thought leadership for a sustainable future
Human Capital
  • An innovative and inclusive work and study environment where all can fully participate and achieve personal and professional goals
  • 3,500+ Teachers
Social and Relationship Capital
  • 190+ Academic partnerships with Universities in Europe and the United States
  • 160+ Partnerships with blue chip employers
Natural Capital
  • Conducting business in an environmentally responsible manner
  • Water, fuel and electricity usage
  • Climate change curriculums
Transformative Impact
RESHAPING LEARNING AND CONTRIBUTING TO ECONOMIC GROWTH

Honoris is reshaping the future of learning, to deliver on its Education for Impact mission... >>read more

Future orientated learning
EDUCATION OFFERING – Degrees, programs, certificates

Through its innovative and future-oriented learning approach, Honoris is widening access to quality education... >>>read more

Future-Proof Employability
WORK READINESS INITIATIVES/CURRICULA

Honoris is committed to enhancing the employability of its graduates by incorporating a comprehensive and mandatory work readiness program into the network curricula... >>read more

FINANCIAL CAPITAL
  • 3% of revenue dedicated to scholarships in FY 2020 and FY 2021
  • +1,000 scholarships and bursaries were awarded in 2021
Manufactured Capital
  • 36+ MUSD investment to generate growth (facilities, infrastructure and teaching)
  • 38 new programs developed
  • 8 new career centers including a flagship in Tunisia
Intellectual Capital
  • +80 recognition/awards
  • 10,000+ students enrolled in the 21st century skills certificate
  • Pilots in new academic models, 250 staff and faculty involved
  • 3.4 MUSD investment in digitization and digitalization
  • High rate of student success (average pass rate of 83%)
  • 1/5 students in private Higher Education in Honoris’ markets attend a Honoris institution
  • Exploring tech-rich academic models and learning systems +500 students involved
Human Capital
  • Staff Interventions: 3,500 staff trained on the code of conduct
  • Preparing teachers for the 21st century (Reimagine Education Program developed)
  • Actis mentorship program – 3 Honoris female leaders mentored by Actis top managers
  • 90%+ employee retention rate despite the COVID-19 pandemic
Social and Relationship Capital
  • +61,000 students
  • 100,000 Alumni
  • 89% of working adults and 70% of school leavers employed within 6 months of graduating
  • Positive results achieved through 190 partnerships with universities, institutions
  • 160+ partnerships with employers
  • Sound stakeholder engagement – expectations met
  • REGENT Business School: level 1 BBBEE status
  • MANCOSA: level 6 BBBEE status
  • +1,000 scholarships and bursaries
  • Promoting women leadership and entrepreneurship
  • Improving young people’s access to education
  • Various CSI (60, 000 books donated and 167 mobile libraries)
Natural Capital
  • Conscious efforts to reduce water, fuel and electricity usage
  • Formalised approach to reduce carbon footprint
  • Mauritius campus is energy self-sustainable
  • Morocco – design and construction of a sustainable, autonomous, smart and 100% solar building, participation in the Solar Decathlon Africa competition
  • Recycling and limited printing, photovoltaic panels using sunlight as a source of energy to generate electricity
  • Installation of sensors to control energy consumption
  • Actions on water points to limit water consumption
  • Environmental seminars
  • Participation in environmental projects
  • Promoting environmental consideration within engineering and architecture (renewable energy/efficiency/sustainable development)

LONG TERM EFFECTS (IMPACT) OF OUR INTERVENTIONS

  • Transforming lives of learners for lifetime success across the continent
  • Transforming lives beyond Honoris graduates through a shared vision
  • Increasing employment opportunities by equipping students with the requisite skills and knowledge relevant for the 21st century
  • Economic prosperity
  • Building a stable and prosperous future for Africa
  • Making a positive contribution to a sustainable future through alignment to prioritized UN 2030 sustainable development goals
  • Making a positive contribution to women empowerment through dedicated leadership and entrepreneurship programs
  • Providing relevant and sustainable education models to make a transformative impact on the African continent
  • Building capacity in teacher education to narrow the gap of skilled teachers required to meet the demand