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Annual Financial Statements 2003
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Labour practices
 
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Case Studies
Australia
7.8 Living the culture and values
During 2002, McKinsey and Company conducted a ?culture and values? survey across all AngloGold operations. Driven by the corporate office in South Africa, the survey focused on the current culture and values of the organisation, as well as the desired culture and values going forward.

Approximately half of the permanent employees in the company?s Australia region were surveyed. Encouragingly, the results of the survey showed that the Australian region has one of the highest levels of satisfaction with its current culture and a good level of alignment between the desired culture and values.

Of those employees surveyed, employee safety was perceived to be the most important AngloGold Australia value. Other important values desired by employees ? and perceived to exist ? were: continuous improvement, teamwork, and performance and environmental awareness.
 
 
AngloGold Australia – Current core values
Employee safety
Cost reduction
Continuous improvement
Teamwork
Shareholder value
Performance
Profit
Environmental awareness
Financial viability
Productivity
Shared values across all AngloGold regions:
Employee safety
Shareholder value
Environmental awareness
 
 
Business principle:
  AngloGold as an employer
Key indicators
Milestones - 2003
Labour practices policy
Review of 2003
  A world-class employer
  Governance and structure
  Human rights and fair employment practices
  Developing mission, values and business principles
  Managing diversity
  Women in mining
  Training and development
  Funding bursaries
  Training for separation
  Fair remuneration
  Employee participation
  Providing health care to employees
  Constructive relations
Reporting in line
with GRI
Objectives for 2004
Case studies
  South Africa
  East and West Africa
  Australia
  7.8 Living the culture and values
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Ethics & governance   Community   Safety   Health   HIV/AIDS   Environment   Labour practices