The latest report investigating individuals at UK-based Barclays Bank regarding the rigging of the LIBOR rate (London interbank offered rate), which controls the rate of home loans, credit cards and other financial transactions, cites the company’s flawed culture as a primary reason for its demise. The...
The recent announcement by Anglo American Platinum that it plans to cut 727 jobs highlights the crucial need for management, employees and trade unions to join forces in ensuring economic survival to minimise the effects of job losses, says OIM International director Chris Jacobs. He says:...
THE HEAT IS ON: Serious problems lie ahead for the South African economy unless there is a speedy return to work at the country's mines, including the disaster-hit Lonmin mine at Marikana. BOSSES may be forced to slash thousands of jobs in the mining industry as...
IN THE turf war over union membership in the platinum sector, one employee matters more than any other: the rock drill operator. Rock drillers are the lifeblood of mining operations. Without their back-breaking and dangerous work, operations simply come to a halt. They are responsible for drilling...
The reason for the high level of failure is companies neglecting planning and early stages of analysis, which in turn causes a downward spiral of negative consequences, such as failing to keep to schedules, missing deadlines and failing to complete projects. “As a result the company’s...
Anton Burger OIM International, Director at OIM Operations Solutions Schedule slippage, quality flaws and budget overruns are all warning signs that a project is in trouble. When it comes to the implementation of technology-related projects, such problems are often due to poor planning and poor management...
SOUTH Africa can avoid cycles of drawn-out strikes which invariably result in economic consequences to businesses and workers alike. Chris Jacobs, director at business consultancy firm OIM International, said new long-term partnerships between business and union leaders were crucial to the future of both businesses and...
The SA economy lost about three million man-days due to strikes so far this year. Chris Jacobs, director at the business consultancy firm oim international, says new long-term partnerships between business leaders and union leaders are crucial to the futures of both businesses and employees. "In a...
Improving mining safety in South Africa is a long-standing but growing concern, and in order to truly improve safety, mine management needs to foster a culture of safety that is not only measurable, but a core component of employees' tasks. This is according to Tjaart Minnaar,...
Improving mining safety in SA is a long-standing but growing concern, and in order to truly improve safety, mine management needs to foster a culture of safety that is not only measurable, but a core component of employees' tasks. This is according to Tjaart Minnaar, Managing...
With economic conditions likely to remain challenging in 2012, one of the key areas that South African employers will need to focus on if they are going to remain competitive is inspiring their employees to increase productivity levels. This is according to Tjaart Minnaar, MD of...
The Fundisa unit trust fund is a joint initiative between the department of education and the unit trust industry aimed at encouraging South Africans to save for their children’s higher education. This fund can only be used for tertiary education once your child has left school....
