improving behaviours consistent with core values

7/24/2019 Improving Behaviours Consistent With Core Values

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VALCO LEADERSHIP DEVELOPMENT PROGRAMMEVALCO LEADERSHIP DEVELOPMENT PROGRAMME

IMPROVING

BEHAVIOURS THAT ARE

CONSISTENT WITH

VALCOS CORE VALUES

AND CULTURE

June August 2013


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VALCO

PRESENTATIONPRESENTATION

OUTLINEOUTLINE

AN ANALYSIS OF CURRENT VALCO BUSINESS

VALCOS MISSION AND VISION

OUR FUTURESTATE PRINCIPLES

OUR COREVALUES

QUESTIONS

Background/HistoryVALCOBusinessCommitmentby all to

Success Integration

Uniersal Business!rinci"les

Sources/Uses o#Funds

Analysis o# VALCO Cost Control

S$aredres"onsibilityVALCO%s&esired FutureState !rinci"les

Commitment toVALCO

'es"ect #or Aut$ority !assion #or

()cellence Credibility/'eliability *Can do +ill do% s"irit

Cultural alignmentStrategy &irectionAda"tability to c$angeHig$ Ac$ieers , -eam!layers

MANAGING VALCO BUSINESS


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PROGRAMMEPROGRAMME

OBJECTIVESOBJECTIVES

At the end of thi !"o#"$%%e!$"ti&i!$nt ho'(d)

Understand t$e Com"any%s Vision. ission and CoreValues and t$e Strategic &irection o# VALCO

Be able to "osition t$emseles to align +it$ t$eVALCO culture and lie t$e VALCO +ay0

Be able to #ully commit t$emseles and become"roductie em"loyees to contribute o"timally to+ardst$e ac$ieement o# VALCO%s ob1ecties so t$at VALCObecomes a use#ul entity #or t$e bene2t all stake$olders

VALCO


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MANAGEMENT

OBJECTIVES-$e VALCO Leaders$i" is

determined3

4 -o sustain an o"erating "lant #or along time

4 -o "rotect em"loyment

4 -o moe t$e organi5ation #or+ard

VALCO


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CONTEXT

VALCO is an o"en system andneeds to res"ond to t$eenironmental c$anges 6uickly to

surie t$e com"etition VALCO%s surial +ill re6uire t$e e7ort o#

bot$ management and em"loyees

VALCO t$ere#ore needs only em"loyees+$o are ready to strongly committ$emseles no+ and t$roug$out t$eircareer +it$ VALCO0


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Internal Force(for, against, causing change)

External Force

(for, against, causing change)

Poiti*eDi&h$"#e

Ne#$ti*eDi&h$"#e

StrongStrong

resistance toresistance to

appreciate needappreciate need

for changefor changeResentmentResentment

against changeagainst change

agentsagentsComparison Comparison

current withcurrent with

pastpast

Gradual realizationGradual realization

by some of us thatby some of us that

business can nobusiness can no

longer be the samelonger be the sameGovernmentGovernment

ownershipownershipPotential to turnPotential to turn

around economicaround economic

fortunesfortunesIntegratedIntegrated

luminium Industryluminium Industry

AN ANALYSIS OF VALCOSC+ALLENGES


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BASIC BUSINESSPRINCIPLES

SOURCES AND USES OF CAS+


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VOLTA ALUMINIUM COMPANY LIMITED

,VALCO-CORPORATE ORGANIZATION STRUCTURE

DEP C+IEFE.ECUTIVEOFFICER

OPERATIONS/ENGINEE

RINGEMMANUEL LARTEY

DEP C+IEF E.ECUTIVEOFFICER 0+R1 ADMIN

AND LEGAL SERVICES

DANAC+EAMPONG

DEPUTY C+IEFE.ECUTIVE OFFICER

2FINANCE

FELI. GAISIE

CELL LINESOPERATIONS

DOC3S1 ENGR41MAINTENANCE

CARBONOPERATIONS

CAST +OUSEOPERATIONS

TEC+NICALSERVICES

,PROCESSCONTROL-

MANAGEMENTINFORMATION

SYSTEMS

FINANCE

LOGISTICS

+UMANRESOURCES

ANDADMINISTRATIO

NLEGAL

SERVICES

MEDICALSERVICES

PUBLICAFFAIRS

SERVICES

PO5ERGENERATION

DEP C+IEF E.ECUTIVEOFFICER

INTEGRATEDALUMINIUM PROJECTS

GEORGE DODD

VALCOBOARD

BAU.ITEMINING

SMELTER

E.PANSION

ALUMINAREFINERY

RAIL5AYDEVELOPMEN

T

C+IEFE.ECUTIVEOFFICER

DR4 C+ARLESMENSA


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Inte"n$( Ch$((en#e) Limited o"erations 4

Older !lant 4 $ig$ "roduction cost -ig$t 2nancial sources Loss o# some ma1or skills 'usty skills

arketing our "roducts 8local andinternational9 Surial o# VALCO to continue to "roide

em"loyment Hig$ e)"ectations 8anagement , :on;

anagement9

AN ANALYSIS OFVALCOS C+ALLENGES

VALCO


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E6te"n$( Ch$((en#e)

!o+er issues 8aailability and "rice9


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COST CONTROLABSOLUTE NECESSITY

Cot) -$e amount o# resources sacri2ced to

ac$iee a "articular ob1ectie0 -$is isusually measured in monetary terms0

Cot Cont"o() A system "ut in "lace to ensure t$e use

o# t$e rig$t amount o# resources8o"timum9 at t$e rig$t time #or t$eac$ieement o# t$e rig$t ob1ectie8s9

+e set ourseles0


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ENSURING T+ESURVIVAL OF VALCO 0

T+E COLLECTIVERESPONSIBILITY OF ALL


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E%!(o7ee Ro(e) Understanding and a""reciating current situation

o# VALCO

; Cas$ "osition ; :o 2nancial su""ort #rom


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To 'ecome the 'est in class aluminium

smelter in the orld, playing a pivotal

role in the development of Ghana#sintegrated aluminium industry&

OUR VISION

VALCO


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T+E IDEAL VALCO FUTURESTATE ,LISTING-

VALCO h$ the Ri#ht +'%$n O"#$ni8$tion VALCO i $ 9e"o2In:'"7 O!e"$tion VALCO $nd it S'; Unit $"e S'!!(ie" of Choi&e E%!(o7ee +$*e Ch$((en#in# $nd S$tif7in#

E%!(o7%ent

E%!(o7ee $nd thei" In!'t $"e V$('ed4E%!(o7ee $"e in*o(*ed in De&iion th$t A


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VALCO +AS T+E RIG+T

+UMAN ORGANI9ATION

(A)C* has in place at all times, an

effective organi+ation structure ith theright num'er of qualified people doing

the right o's right the first time&


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VALCO IS A 9ERO2

INJURY OPERATIONNothing e do is orth an inury& All

levels of employees are orking on

safety processes and activities so that

under all operating scenarios, no

inuries, not even first aids, shall 'e

sustained 'y anyone of us in any part

of (A)C*#s operations&


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VALCO AND ITS SUB UNITS

ARE SUPPLIERS OF C+OICEI# t$e internal and e)ternal customers+$o utili5e our serices or our

"roducts $ad ot$er c$oices. t$ey still+ould c$oose our serices and"roducts as against t$ose o# our

com"etitors0


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EMPLOYEES +AVEC+ALLENGING AND

SATISFYING EMPLOYMENTanagement "roides t$e best "ossibleenironment. including +ork area.resources. training/deelo"ment.com"ensation. and gro+t$ o""ortunities0(m"loyees on t$eir "art. recogni5e t$eneed. toget$er +it$ anagement. to

mutually set and meet $ig$ "er#ormancestandards. constantly c$allenget$emseles to engage in alue;addingactiities at all times0


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EMPLOYEES AND T+EIR INPUTSARE VALUED4 EMPLOYEES AREINVOLVED IN DECISIONS T+AT

AFFECT T+EM

anagement $as t$e understanding andcommitment o# em"loyees to meet t$e goals

o# t$e business by inoling t$em in t$e"lanning "rocess and in decisions t$at a7ectt$em0 (m"loyees are encouraged to takedecisions at t$e a""ro"riate leels and +ork

to attain sectional. de"artment and "lantgoals since t$ey see t$emseles and t$eirsuccess and gro+t$ connected to t$eattainment o# t$ese goals0


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TEAM5OR3 IS PART OFT+E VALCO CULTURE

VALCO is one big team0 =e are allmembers o# smaller teams0 All t$eteams are linked and su""ort oneanot$er0 Indiiduals are +illing togo t$e e)tra mile #or t$e good o#t$e team0


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SOUND EMPLOYEE2MANAGEMENTRELATIONS BASED ON MUTUALTRUST1 CONCERN AND RESPECT

FOR ALL IS A 5AY OF LIFE

-$ere is an e7ectie t+o;+ay communicationsystem in "lace. +$ic$ makes aailable

releant in#ormation to all0 (m"loyees and/ort$eir re"resentaties and anagement en1oy$ig$ leels o# trust in one anot$er based oncredibility gained t$roug$ $onesty. o"enness.and be$aiour t$at demonstrates anunderstanding and caring concern about t$eot$ers% needs0 Con>icts. +$en t$ey occur. are

al+ays seen as o""ortunities to seek +in;+in


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CONTINUOUS IMPROVEMENT IN COSTMANAGEMENT AND ALL OT+ER AREAS

OF ACTIVITY IS A 5AY OF LIFE AT

VALCO(eryone in VALCO recogni5es t$at t$e Com"any $asno control oer t$e "rice o# its "roducts0 (m"loyeest$ere#ore. manage costs in t$e most e?cient and

e7ectie manner #or VALCO%s long;term "ro2tability.assuring t$at VALCO stays in t$e bottom t$ird o# t$e+orld cost cure o# aluminium smelters0

In all our daily actiities and "rocesses. +e use sound.

data;based decision;making "rocesses. +e +ork #ort$e best 6uality serice and "roducts. do eeryt$ingrig$t t$e 2rst time and continuously +ork to eliminatet$ings t$at do not add alue to our o"erations0 =e

seek better. smarter and tec$nologically moree?cient +a s o# doin our business0

ATTAINMENT OF VALCOS


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ATTAINMENT OF VALCOSFULL BUSINESS

POTENTIAL=it$ t$e bene2t o# $indsig$t. +e kno+ t$at t$ere aresome areas in our o"erations +e can make ery signi2cant8landmark9 im"roements +it$ t$e rig$t inestments0 =erecogni5e $o+eer. t$at inestment #unds are limited and

$ae alternatie uses0 =e s$all continue to ealuate t$eseand emerging im"roement o""ortunities and. strie to

1usti#y by our "er#ormances. ca"ital inestments in t$eareas +it$ t$e best returns0 -$is s$ould enable us attainour #ull business "otential regarding o"timum Smelterca"acity utili5ation. +orld class "er#ormance leels in keyresults areas. etc0 in t$e most c$allenging and realistictime#rame0

=e recogni5e t$at suc$ an attainment +ill en$ance ourcom"etitieness on t$e +orld aluminium market and.


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VALCO HAS A POSITIVE PUBLIC IMAGE

=e obey all t$e la+s o# t$e land0 =e continueto im"roe +ays o# o"erating. recogni5ing ourobligation to "rotect t$e enironment0 =e

constantly "rosecute a com"re$ensie. alue;adding and enduring Cor"orate Social'es"onsibility System0 VALCO consistentlyconducts its business in a +ay t$at elicitsdee";seated a""reciation by all t$eCom"any%s "ublics o# VALCO%s signi2cance to


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VALCO IS T+E LINC+PIN OF T+EINTEGRATED ALUMINIUM INDUSTRY

PROJECT OF G+ANA

(A)C* provides the 'asis for the takeoff of the

integrated aluminium industry hich consists of a

'au"ite mine, alumina refinery, aluminium smelter

and donstream industries ith associated railayinfrastructure&

An e"panded and moderni+ed (A)C* smelter serves

as the maor off%taker of the alumina from Ghana#s

alumina refinery and is the supply%of%choice of ra

materials for an ever%groing donstream aluminium

companies&


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T+E IDEAL EMPLOYEEPROFILE

Basic Intelligence/Cognitie Abilityrelatie to c$osen trade or

"ro#ession Academic/"ro#essional records !syc$ometric tests

!ersonality traits/Attributes or

Com"etencies

Cultural Alignment ; Commitment toVALCO%s Culture 8Liing t$e s$ared

Vision and Core Values9VALCO


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OUR CORE VALUESPERSONALITY TRAITS AND

ATTRIBUTES !assion #or ()cellence Credibility and 'eliability

Ada"tability to C$ange/C$ange Agent Hig$ Sa#ety Standards -eam !layer Can do it. =ill do it Attitude

anagement/Leaders$i" =ork (7ectie Communicator !eo"le &eelo"er

VALCO


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P$ion fo"

E6&e((en&eConsistent $ig$ "er#ormance in all

s"$eres o# endeaour0 Creatiityand Innoation0 Constantlyseeking/2nding t$e best +ays toget +ork done to t$e $ig$eststandards and on time0

VALCO


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C"edi;i(it7/Re(i$;i(it

7Honesty/-rust+ort$iness0 Canbe counted on to do +$at onesays +ill do or $as to do0

VALCO


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Ad$!t$;i(it7 to Ch$n#e/

Ch$n#e A#ent'ecognition o# c$ange as a +ay o#li#e0 uick to recognise c$ange andrelenting motiation to ada"t 8as +ellas $el" ot$ers9 ada"t 6uickly to suc$c$anges #or t$e good o# t$e

Organisation and all stake$olders0

VALCO


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+IG+ SAFETYSTANDARDS

&emonstration in +ord and deed t$atSa#ety o# t$e indiidual and

e6ui"ment is as im"ortant as actualo"erations0 =ill not cut corners toattain "roduction targets 8or #or anyreason9 at t$e e)"ense "ersonal

sa#ety. sa#ety o# ot$ers or damageo"erating e6ui"ment/ !lant "ro"erty0

VALCO


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TEAM 5OR3

Belie# t$at indiidual ac$ieement isgood. but -eam accom"lis$ment is

better0


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Can do, Will do Attitude

Commitment to challenge ourselves to meet

or e"ceed the (A)C* performance

standards in all areas of the -lant


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MANAGEMENT/LEADERS

+IP 5OR3

VALCO

Understands t$e anagement +ork o#3 !lanning Organising Leading Controlling

Able and +illing to make ne+ and creatiet$ings $a""en

An Ins"irerHas tenacity o# "ur"ose

Calm in crisis and good under "ressureFirm gras" o# Strategic direction o# t$e businessHas broader. long;term "ers"ectie o# issues Is multi;dimensional. good memory and

tolerance #or ambiguity0


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EFFECTIVECOMMUNICATOR

VALCO

!romoting e7ectie t+o;+aycommunication in t$e -eam

Being an e7ectie Communicator as aleader

Able and +illing to take o+ners$i" o#

collectie organisational decisions.making t$em $is o+n and e7ectielycommunicating same to $is/$er -eam


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PEOPLE DEVELOPER

VALCO

uick at identi#ying and deelo"ingtalent

(ncourages and assists in t$ecreation o# a Learning Organi5ation

&eelo"ing a "ool o# talent in t$e

&e"artment and acrossOrgani5ation #or e7ectieSuccession anagement0


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THANK YOU

improving behaviours consistent with core values

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