WattPower Minerals is cognisant of the precepts of globalisation and its endorsement by leading Mining Corporations in their business strategies as an effective tool for benchmarking global competitiveness.

The most significant initiative of globalisation as adopted by leading Mining Companies is the drive to reduce per capita costs on OPEX. This strategy has delivered notable Shareholder and Investor value add in recent years, however it has also rendered a lot of jobs obsolete, especially in third world economies like Africa. This strategy is thus in conflict with economic development needs of African countries and governments which are important stakeholders in the mining industry.

Our strategy at Wattpower Minerals is focused on addressing this opportunity gap in the mining industry by formulating a solution that will satisfy the two opposing business needs. We are mindful of the fact that Africa possess the most under skilled human capital in the world, and as such a business model of a lean and skilled work force will not necessarily deliver the most cost effective output for a mining business in African, despite evidence that support efficiency of this model in first world economies.

Our approach aims at simply delivering lowest operating costs per ton of ROM treated or ounce of product produced, irrespective of workforce head count, through these initiatives:-

• Fit for Purpose organisational structure that provides adequate resources for core and productiondirect activities.
• Lean Overheads Structure that is production and operation focused.
• Zero Cost Based budgeting systems for expenditure on engineering maintenance and production consumables.
• Decentralised Non-Core Support Services with a streamlined budget just enough to support core business functions.

Decision making and problem solving are often not defined in large corporations, and it our view that these are two of the most significant sources of waste on limited resources, especially in large bureaucratic organisations which are susceptible to opinionated decision making strategies by middle and senior management, without due regard to facts.

We at WattPower Minerals have adopted a proactive stance on these critical leadership elements by defining policies through which our organisation will respond to them:-