| Summary: | One of Kumba Resources’ strategic objectives is to create a high performance culture amongst
its employees. The Hay-group identified through worldwide studies that leadership style has a
70% influence on organisational culture, which in turn explains a 28% increase in revenues and
profits. In view of the fact that leadership can have a positive influence on the bottom line it was
identified as one of the key drivers to enhance performance. Thabazimbi iron ore mine
implemented this leadership model to impact on the culture to move towards a ‘high
performance’ culture. Thabazimbi developed an organisational culture model that is aligned to
the foundational values (caring, accountability, fairness, integrity and respect) of Kumba
Resources. Thabazimbi is in the process of building a strong organisational culture by creating
an environment for its employees to perform in. The latest Organisational Culture Assessment
that was conducted during November 2005 indicates that Thabazimbi’s culture is a ‘moderate
high performance’ culture.
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