Australian Open Cut Mine
Lowering the cost / unit for the mining, processing and port operation into the lowest quartile of producers without destroying the underlying fabric of the business to capitalise when the commodity cycle shifts
The Background
Business had cost out programs performed with drastic changes to organization structure and people numbers
Business viability pressured as positioned in third quartile for cost / unit during the bottom of the commodity cycle
New leadership team recognized “consultant business review” fatigue in workforce
Corporate pressure to make business viable during the bottom of the cycle, and positioned well to increase market share when cycle shifts upwards
How the Siecap team helped
Stream leads were selected from pool of business high potential performers who would be the face of the program. Intense coaching on job for what it takes to lead and influence change.
Disciplined and rigorous process in place to identify and evaluate opportunities
Disciplined communication processes implemented through all levels of business, good and bad news shared equally
Connected into large network of peers able to further challenge business “sacred cows”
Identify and manage production bottleneck to improve volume
The Results
Program delivered reduced cost of producing product by 50
Production volumes nearly doubled through disciplined management of production bottleneck with no major capital investment required
Capability of frontline leaders and area superintendents developed to better understand production and cost drivers, how to problems solve and implement solutions with teams
Positive shift in workplace culture survey results; building capability and leadership from client personnel throughout the program was instrumental in achieving this.
Our Clients
We have delivered results for distinguished businesses and projects in Australia and abroad.