Orica looks for ways to get more bang for its buck

Article Abstract:

William Weickhardt, chief executive of chemicals and explosives company Orica Ltd., plans to continue with cost-savings measures and value-added services to help his company grow during an industry downturn cycle. With commodity prices down, Weickhardt's strategy is to add value or "knowledge-intensive slivers" to four business areas: mining services, agricultural chemicals, consumer products, and industrial chemicals, whereby brands and intellectual property are valued as much as capital.

Explosives, Explosives Manufacturing, Planning, Explosives industry, Weickhardt, William

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New systems help Orica get its financial chemistry right

Article Abstract:

Orica's finance/accounting staff is trained as business people as much as its operations staff is trained as business people. Activity-based analyses of its accounting staff has shown that routine transactional work has decreased to 50% from 75% with plans to decrease it to 10% or 20%. Orica wants its accounting staff to spend most of their time on consulting to increase the efficiency of the company.

Training, Accounting departments

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The new world of work

Article Abstract:

Middle managers and other workers must adapt to a changing workplace, which may not include working in one role with just one employer. In his book, "Making Your Future Work," Marcus Letcher encourages workers to think about themselves and then develops a three-part modular work module according to type of work.

Models, Employment, Career changes, Beliefs, opinions and attitudes, Work, Work (Labor), Middle managers, McIvor, James, Lechter, Marcus, Roe, Raymond

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