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One of the biggest issues the mining industry organizations are facing is the use of traditional performance management, that have lost them the sight of the true north.
Mining has much to gain from adopting innovative frameworks, but the traditional model of rigid annual reviews is already outdated. Improved methods such as the Mining BSC and OpEx are needed, both to tackle the safety challenges faced by miners' HR departments, and to address the unique training and support needs of a rapidly evolving sector.
The Mining BSC and OpEx is a Comprehensive Operations Planing Directives (COPD) which is a Strategic Performance Management framework, astep-by-step guide for elaborating and executing strategy. It is made up from 2 key components, a formulation as well as an execution phase. It highlights a driver model, the DPMAA loop (Design, Plan, Monitor, Act and Adjust).
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Source: Strategic Performance Management in the mining sector PowerPoint (PPTX) Presentation, Youssef AIT AKKI - The Horizon Strategy.
Mining Industry Cement Human Resources Social Media Strategy Balanced Scorecard Strategy Development Example Strategic Analysis Problem Solving Manufacturing Quality Control
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