De Beers

The Customer

We use our diamonds, and our business, to make life brilliant – for our people, our customers and the world around us. Living to one’s full potential. Thriving and resilient communities. A balanced and flourishing planet. These are the things we work towards. These are the things that make a brilliant life. This is our purpose.

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The Commitment Delivery of a three stage Managing Financial Performance Workshop
The Context

Stage One		 Stage One - Financial Principles Workshop
Purpose – awareness and competence development
  • Essential concepts and breaking the financial ‘mystique’
  • Corporate business objectives and the inter-relationship of financial priorities
  • Financial principles - Cash Control, Asset Utilisation and Profit Generation – the ‘CAP’ model Structure and content of the primary business reporting statements.
  • Working Capital and the level of cash ‘tied-up’ in the business Inventory management. Headline financial measures and the underlying areas of performance within the De Beers business
    • The Context

    Stage Two    		 Stage Two - Managing Financial Performance Workshop
    Purpose – development financial analysis skills and examination of business financial decision taking principles
  • The principal Financial KPI’s that are used by corporate management / analysts / bankers to evaluate the performance.
  • Analysis of the industry sector dynamics and how these impact on the financial performance of the business.
  • Financial profiling of the De Beers group
  • Interpreting the data to explore the issues and opportunities for the De Beers business
  • Development of specific performance improvement action themes and commitments
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    The Context

    Stage Three    		 Stage Three Business Development Workshop
    Purpose – review of the performance of the De Beers business and identification of priority areas of action to reinforce marketplace effectiveness and financial results
  • Business success drivers … the research evidence. Identification of the relevant success drivers for the De Beers business and the ‘breakthrough issues’
  • Review of the Strategic Key Performance Indicators (SKPI’s) for the De Beers business.
  • Segmentation of the core businesses within De Beers Group (SBU’s … Strategic Business Units). Consideration of competitive positioning and potential opportunities to develop the De Beers offering.
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    Dave Hawkins