The strategy is driven through seven pillars (strategic objectives) that are anchored on sound risk management practices. Because of the dynamic internal and external environment under which the business operates, success of the strategy requires a continuous review and evaluation of these seven strategic objectives individually and as a whole. The strategic objectives are:
Relentlessly drive the safety of our people
Consistently deliver production volumes and grade
Continually improve operational efficiency
Manage costs and wisely preserve cash
Delivery of capital projects on time and within budget
Retention of critical skills and developing our people to be world class champions
Business sustainability driven by the desire to be a good corporate citizen
An enterprise risk management (ERM) framework has been established to address strategic, operational, legal and compliance risks inherent in the business. Risk management, together with an effective internal control framework helps management focus on operations, stakeholder management, safety, health environment and sustainability.
COMMUNITY AND SOCIAL INVESTMENT
Developing partnerships with communities around our operations is one of Zimplats’ strategic objectives.