- Title
- Evaluating the business improvement strategies, practices and challenges in the platinum mining industry
- Creator
- Mulaudzi, Marubini David
- Subject
- Business planning -- South Africa
- Subject
- Decision making
- Date Issued
- 2018
- Date
- 2018
- Type
- Thesis
- Type
- Masters
- Type
- MBA
- Identifier
- http://hdl.handle.net/10948/32938
- Identifier
- vital:32412
- Description
- The purpose of this study was to evaluate the strategies, practices and challenges relating to business performance and the implementation of business improvement to align production and maintenance strategies to the corporate strategy in Anglo American Platinum, a mining operation in South Africa. A set of questions were used in a qualitative research design through interview questions to collect data from corporate strategic management and the operational management involved in business improvement initiatives in the production and maintenance processes. Globally, mining companies are faced with many challenges, including safety, system integration and standardisation, caring for the environment, cost controlling and reliability of machinery and equipment. The mining industry is both labour and capital-intensive. While the South African labour force has unlimited demands on wages and salaries, most machinery runs at its maximum capacity and requires more capital for the operations to continue production, ensuring value creation for all stakeholders and hence sustainability of the operations. The situation was aggravated when market forces determining the commodity prices became volatile, causing the slump in the commodity prices. As a result, profit margins were eroded by the higher costs of production and higher wages costs. To create a sustainable, cost-effective operation and improve recovery and grades, mining companies such as Anglo American Platinum implemented a business improvement initiative. This study aims to evaluate the strategies, practices and challenges in relation to business improvement at Anglo American Platinum. Observations are that the impact of misalignment between corporate strategy, together with business improvement production and maintenance strategies, contribute minimally to the performance of production at Anglo American Platinum.
- Format
- xiii, 100 leaves
- Format
- Publisher
- Nelson Mandela University
- Publisher
- Faculty of Business and Economics Sciences
- Language
- English
- Rights
- Nelson Mandela University
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