OUR 10 PILLARS OF SUSTAINABILITY
1 |
- Develop a vision that inspires
our employees
- Clearly communicate the vision so that it
is understood
- Develop a clear strategy that delivers top
quintile returns
- Develop a geographic expansion strategy
that optimises global growth opportunities
|
6 |
- Strive to deliver clear, decisive and inspiring
leadership
- Implement decisions rapidly
- Acknowledge mistakes and take corrective
action
- Intervene where business performance is
unsatisfactory
- Exit businesses where corrective action fails
|
2
|
- Limit the number of core businesses
- Regularly review which businesses should
remain core
- Only grow areas that are aligned to the
core
- Critically review all potential new core
businesses
|
7 |
- Accept that we are custodians for future
generations and proactively engage in global
sustainability issues
- Ensure that business strategies are legitimate
in the eyes of the communities and
governments where we operate
- Commit to leading in empowerment and
transformation (BEE)
- Adopt a caring approach towards the socio-economic
issues of the communities in which
we operate
- Strive towards reducing the environmental
impacts of our business activities
|
3 |
- Develop strategies to achieve market or
sector leadership in each of our core
businesses
- Plan to exit from businesses where we
cannot attain market or sector leadership
- Plan to exit from businesses where there is
insufficient Return On Management Effort
(ROME)
|
8 |
- Focus on doing what is right
- Behave in line with our Code of Conduct
- Act in accordance with our Code of Ethics:
- Be fair
- Obey the law
- Be honest
- Respect others
- Protect environment
- Always remember: “Our word is our bond”
|
4 |
- Focus on the customer
- Strategically segment customers and
determine their fundamental needs
- Provide flexible value-creating solutions
to those needs
- Commit to exceeding customer
expectations and continuously growing
value for the customer
|
9 |
- Manage business risks to enhance and
protect shareholder value rather than to
eradicate all risk
- Comply with all relevant regulations and
standards
- Ensure that investor and public
communication is beyond reproach
- Ensure financial prudence in all dealings
- Comply with the group risk philosophy
- Implement effective controls that protect
stakeholder value
|
5 |
- Attract and retain the best employees
- Develop our people to globally competitive
standards
- Recognise and reward good performance
and rectify poor performance
- Ensure succession plans at all critical levels
- Inculcate the Barloworld leadership
philosophy
- Celebrate successes and have fun
|
10 |
Constantly look at re-inventing ourselves
through:
- exploration
- innovation
- learning – especially from mistakes
- sharing – best practices and successes
|
This
page was updated on
13 February, 2008
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