Resources and ManufacturingIndustries that we understand and have worked in extensively
Resources – Mining and Extraction
Whilst the Mining and Minerals sector has declined over the past two decades in South Africa, significant unexploited opportunities still await investors, particularly in many sub-Saharan countries. Our strategic location on the continent has served as a springboard for international players in crafting strategies towards realising their mining goals across the region.
Mining’s contribution to the GDP is around 5% in South Africa and declining due to lower commodity prices of many resources extracted from deep-level operations. This has significantly impacted the socio-economic well-being of mining communities. Mined surface-level resource prices have, however, improved and show promise in the medium term. Safety in mining is an increasing public concern and pressures continue to mount for miners to take more responsibility.
Having carried out numerous studies in the Mining and Minerals sector, our value-chain approach has benefitted mining clients by delivering insights on mining technologies, supply and demand dynamics that define market entry, feasibility modelling, legislative and regulatory impacts, resource forecasting, complementary support structures, market penetration strategies and executive human resources performance management and incentivisation.
Projects we have undertaken include:
- Strategy development and balanced scorecards for mining operations
- Strategy and technology implementation and change management
- Social responsibility programmes in education and school’s development in mining communities
We have also undertaken strategy development of a safety and health mining public entity, including annual governance effectiveness assessments and governance improvements.
Manufacturing – Continuous Process and Batch Manufacturing
With over two decades of consulting engagements and research assignments in manufacturing industries, particularly technology driven industries, the growth in manufacturing compared to other product demand sectors, such as retail, has been stagnant. The impact on alleviating the high unemployment rate is negligible. Low levels of new large-scale capital investment continue to be reported. This trend prevails across sub-Saharan African countries. Manufacturing technology trends in utilising robotics are beginning to impact on African manufacturing industries, negatively impacting the propensity to employ and create jobs.
Approaches used in the stimulation of manufacturing industries include high-growth sector-selection and incentivisation and the focus on incubation, science parks and innovation hubs. These approaches are utilised across many African countries, many of the projects being sponsored along with international funding for purposes of economic development, social upliftment and poverty alleviation.
StratNovation understands trade and investment comprehensively and the role that science, technology and innovation play in economic growth. We have undertaken assignments assessing markets for new science and innovation opportunities. On the demand side, we have undertaken over 300 projects investigating market opportunities for investors. Within manufacturing organisations, we have developed business and market strategic plans, performance improvement plans, business models, business cases and organisational realignment interventions.
Projects we have undertaken include:
- Assessment of technology across the manufacturing and utilities sectors in South Africa, and the linkages between innovation and competitiveness in South Africa;
- Economic development incentives and uptake;
- Opportunities to enter and penetrate technology-driven industries; and
- Investment promotion and innovation agency, business incubator, economic development zones strategic plans and implementation of frameworks.