Extend
the cultural transformation throughout
the group
The process of leadership
mentoring and executive coaching has
been extended further into the group
during the year. Key operations executives
and their leadership teams are now benefiting
from the process. Where necessary, we
have instituted management changes to
release the deeper potential of the
organisation.
All group publications including Robust,
the Employee, Citizenship and Annual
Reports, as well as the numerous presentations
given by executive and knowledge leadership
are framed within the strategic concepts
of Rebuilding Murray & Roberts.
A billboard advertising campaign has
been developed that captures the essence
of Murray & Roberts’ culture
and its value proposition.
•
Establish
targets that stretch our performance
Performance
targeting has become increasingly entrenched
in the thinking and planning of all
operations throughout Murray & Roberts.
During the year we engaged a number
of intervention strategies with those
operations not delivering to our expectation.
We have benchmarked world best practice
in all our market sectors, established
stretch performance targets and, where
necessary, restructured our operations.
•
Embrace
risk management within our culture
We
have recognised that our greatest potential
area of risk lies in the commercial
terms embodied within contract conditions
for the implementation of project and
product commitments over extended periods
of time. We are committed to the enhancement
of our commercial management capability
throughout the group.
The correct allocation of executive
leadership into our operations is the
most effective strategy for all dimensions
of risk management.
•
Enhance
our business model for leverage
In Murray & Roberts’ business
model, we have concentrated our high-level
value proposition between Projects and
Products as forming two sides of the
same coin. Each of these principal business
sectors comprises two clusters which
themselves include two market segments
each.
In the Projects sector, Building &
Civil Engineering and Industry &
Mining hold equal status, as do Fabrication
& Manufacture and Supplies &
Services in the Products sector.
The medium-term development of the group
will be in terms of this business model.
