Ever come up with a good idea, told a few people about it but the excitement waned, nothing happened? This has been me on many occasions. The key to getting your plans actioned is articulating value, expressed in dollars.
It takes communication to work in a team, and even people working alone have to report to their bosses. If you run a business, you have to tell employees what’s expected of them. Bad communication leads to errors, failure and sometimes lawsuits. Effective communication helps prevent these errors. Here are five reasons why effective communication is important in every business.
In today’s more volatile, complex and unpredictable business environment, it is more important than ever that we are equipped with the knowledge and tools to be able to adapt and transform business operations to become more effective and profitable.
When it comes to mining, the mindset has often been to move larger volumes of material as quickly as possible to reduce process unit rate. While material movement is obviously very important, it can drive the wrong behaviours if the wrong material is being moved to prioritise volume movement over production requirement. This is likely to destroy value for an operation by lowering overall production yield – the number one value driver.