the third way- the tranter story employee ownership conference joshua c. ngoma 25 july 2012
TRANSCRIPT
THE THIRD WAY- THE TRANTER STORYEMPLOYEE OWNERSHIP CONFERENCE
Joshua C. Ngoma 25 July 2012
TRANTER HOLDINGS CHAMPIONS
Sipho NkosiCEOExxaro
Mxolisi MgojoExecutive GM-CoalExxaro
Humphrey MatheCEOTranter Resources
Joshua NgomaGroup CEOTranter
PRINCIPAL AREAS OF ACTIVITY
MINERAL RESOURCES MINING SERVICES
2007
KISMET
Investment in
2005
Investment in
2007 2008 2008
Rock Drills
2009
2008
TRD GLOBAL MARKET
TEMS:TRANTER ROCK DRILLS (PTY) LTD OWNERSHIP STRUCTURE (2009)
Rock Drills
Exipa Investments
10%
100%
90%
Tranter Management Investments (“TMI”)
EMPLOYEE TRUST
Broad-Based Beneficiaries
• TEMS Management
• TEMS general employees
15%20%65%
WHAT OUR PEOPLE SAY ABOUT CO-OWNERSHIP
DO TRANTER PEOPLE NOW UNDERSTAND WHAT CO-OWNERSHIP MEANS?
HOW HAS CO-OWNERSHIP CHANGED PEOPLE’S LOYALTY AND ATTITUDES?
WHAT DO THEY THINK ABOUT THEIR FUTURE WITH THE COMPANY?
SHAKING SHACKLES OF APARTHEID
Gekko was wrong
BUSINESS LEADERS
REGIONAL ECONOMIC DEVELOPMENT
“We sometimes feel that what we do is just a drop in the ocean, but the ocean would be less because of that missing drop”.
Mother Teresa20th Century Catholic Nun
“It worries me that our world is becoming a global village only for exchange of goods and information- not a place of shelter, livelihood, security and dignity for all who live in it”.
Nelson MandelaGreatest elder Statesman
“I shall pass through this world but once. If, therefore, there is any good thing I can do or any kindness I can show, let me do it now. Let me not differ it or neglect it, for I shall not pass this way again”.
Etienne de Grellet19th Century Quaker
A leadership whose defining features are honesty, humility, integrity, compassion, and humanity,
A leadership that stands for the truth and affirmation of the good, and whose primary pursuit is noble causes and the common good,
A leadership that demonstrates competence, tenacity, and a sense of efficacy, A leadership that does not shy away from the difficult nor the unpopular
decisions or measures, A leadership that practices introspection and self-renewal, A leadership that lives by the tenets of consultation, persuasion,
accommodation, and cohabitation and shuns coercion and domination, A leadership that generates trust, goodwill and confidence, A leadership that understands that the success of others does not diminish
one’s own success but adds to the commonwealth, A leadership that bridges the schisms and cleavages wrought by religious,
racial, tribal, social, ideological, economic and political diversity that characterises much of our society,
A leadership that understands the difference between cause and effect, A leadership for whom the means are as important as the ends, and A leadership that is visionary.
HOWEVER, TO SUCCEED AS A COUNTRY, AS WELL AS A CONTINENT WE NEED TO DEVELOP AND HAVE:
