From compliance to innovation making a modern mining company Andrew - - PowerPoint PPT Presentation

from compliance to innovation making a modern mining
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From compliance to innovation making a modern mining company Andrew - - PowerPoint PPT Presentation

From compliance to innovation making a modern mining company Andrew Cole Chief Executive Officer 0 7 J u n e 2 0 1 8 OUR INDUSTRY HAS AN OPPORTUNITY To be or not to be Modern Global modern brands are driven by / perception, but


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SLIDE 1

Andrew Cole – Chief Executive Officer

From compliance to innovation – making a modern mining company

0 7 J u n e 2 0 1 8

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SLIDE 2

OUR INDUSTRY HAS AN OPPORTUNITY

P A G E 2 /

To be or not to be Modern / Global modern brands are driven by perception, but where are the mining companies? / In a world of constant change our sector cannot stand still. / We need to keep moving to survive. / We need to be courageous to thrive.

Image: Interbrand.com

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SLIDE 3

DEFINING A MODERN MINING COMPANY

P A G E 3 /

Culture and mindset / A mindset and culture of innovation will be the defining factor, not the technology we use / We can’t just keep working harder and expect to get a better outcome / Examples to help explain what we’re changing

– Safety – Change and Innovation – Risk – Workforce of the future

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SLIDE 4

SAFETY

P A G E 4 /

Our focus over the last 20+ years / Compliance-driven to safeguard

  • perations and workforce well-being.

/ Missing a better opportunity in pursuit

  • f compliance?

/ In building safe organisations, we created compliance machines. / Compliance that protected us is now impeding our ability to innovate.

Worker fatalities: number of fatalities and fatality rate, 2003 to 2016

Image: safeworkaustralia.gov.au Image: Saf Health Work 2016; 7:89-96

Accident rates, 1986 to 2016 Class action filings, 2005 to 2014

Image: allens.com.au

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SLIDE 5

COMPLIANCE VS INNOVATION

P A G E 5 /

Old world and new economy

Image: Design39Campus

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SLIDE 6

CHANGE AND INNOVATION

P A G E 6 /

Keeping pace or getting ahead / KPMG’s Global CEO Outlook – 70% of CEOs struggling to cope with pace of change. / Rate of change is the only thing that has changed. / How will we adapt in a compliance- based environment? / Innovation is not systemic. It sits with an empowered few.

Image: kingdomecon.wordpress.com Image: Sebastian Thrun’s Cleveland Clinic Ideas for Tomorrow

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SLIDE 7

RISK

P A G E 7 /

/ Colouring everything with a threat- based lens by default. / Protecting what could go and missing the opportunity for synergy. / Pre-conditioned threat reflex when engaging with stakeholder groups. / Shared value could get us much further. Threats or Opportunities

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SLIDE 8

WORKFORCE OF THE FUTURE

P A G E 8 /

From Boomers to iGen / Shift mindset of current workforce from compliance driven to humanistic and creative. / Attracting workforce of the future. / People’s drivers are changing but we can leverage this. / How do we attract the best skills from all walks?

Image: meetingsondemand.com

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SLIDE 9

WORKFORCE OF THE FUTURE

P A G E 9 /

Can we attract new talent / Re-imagine what the life of a person in this industry looks like. / It is more than money! People want choice of when they work, how much time they spend at work and what they do. / An environment that is welcoming of creativity and innovation to attract the future workforce.

Mining camp Jail Resort

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SLIDE 10

Andrew Cole – Chief Executive Officer

2018 Melbourne Mining Club Luncheon

0 7 J u n e 2 0 1 8