AngloGold Ashanti Strategy Essay

Exclusively available on Available only on IvyPanda® • No AI

Strategy pillars	As shown in “Business model: Creating value” (2020), the strategy centers around the 4 pillars: Emphasis on people, security, and sustainability while remaining true to the declared strategic values of the organization Financial flexibility as to means of meeting the funding needs and ensuring the completion of the balance sheet Optimal investment in the capital expenditure to satisfy the core needs of the movement Updated portfolio of assets which provides a continuous profit, supporting the strategic goals of the company
Rationale	The rationale behind the AngloGold Ashanti strategy lays on the following: Generation of competitive financial returns Allocation of semi-annual dividends to shareholders as a reward with a focus on future growth Formation of partnerships with host communities while sharing environments, values, and traditions Creation of opportunities for the employees to develop individual skills and boost the collective success of the business, promoting teamwork, autonomy, and innovation
Initiatives	According to “Business model” (2020), the business operates based on several initiatives used as a direction for all the decision-making processes: Eradicating poverty and hunger Contributing to high-quality education and healthcare systems Promoting infrastructure, innovation, and industry in the rural areas Reducing social inequalities (including gender) Taking action on climate change Encouraging responsible consumption and production
Impact	As written in “Managing our sustainability and ESG impacts” (2019), the company leaves a long-term positive effect on the communities where it operates: Lower poverty, hunger, and the unemployment rate Better access to clean water By 2018, the number of fossil fuels used – reduced by 35% Great Victoria Desert – protected extinctive vegetation and fauna

References

Business model: Creating value. (2020).

Managing our sustainability and ESG impacts. (2019). Web.

Overview. (2020).