The Three Horizons
A “three-horizon” strategy initially tabled in 2001 serves as the compass that provides the direction for Samancor Chrome’s strategic and operational initiatives.
The adoption of a manufacturing mindset epitomises “horizon-one”, with the focus being on safely delivering production. This focus is reinforced in the operational tactics at each of the sites and in support functions such as Safety, Procurement and Engineering and Technical, which have a vital role to play in facilitating the realisation of a stable and safe operating environment.
“Horizon-two” is aimed at optimising the value-chain, with specific attention being paid to the rationalisation of Samancor Chrome’s mining operations and deploying capital to realise de-bottlenecking opportunities and deliver enhanced returns.
“Horizon-three” is aimed at repositioning Samancor Chrome in a future industry context so that it is positioned to reap the benefits that will arise from the opportunities that will emerge from these changes.
To ensure goal congruence and organisational alignment of operational and functional strategies and tactics with that of the principal Samancor Chrome strategy, the business utilises a balanced scorecard framework, which includes the following dimensions: