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September 2016

Industry Buzz

C

hryso Southern Africa Group

recently celebrated its 20th

anniversary and Seymore,

who is also Vice-President of Chryso

globally said: “It is imperative that

government finds a way to release

the billions of rands that have been

allocated for new building work in

South Africa. Hopefully, the new civic

leaders, whowill control the country’s

biggest municipal budgets, will lead

the way to at long last provide the

projects building contractors and

materials suppliers have eagerly

awaited for years.”

Seymore noted that during this

time the sector had to step up exports

and operations outside the country’s

borders in order to survive. “This is

not acceptable when so much work

is available in our own country and

we fervently hope local government

will have the skills and willingness to

give the national construction sector

a new lease on life.”

Looking at Chryso Southern Af-

rica’s future, Seymore said “We will

continue to diversify and grow. Re-

search and development will play a

vital role and we will invest at least

4% of sales and revenue into this

facet of our operations. In addition,

we will open a new dedicated Re-

search & Development Centre at our

Newmunicipal leaders can revive building sector

The challenge to find work remains the biggest obstacle to sustained

growth for the South African building industry, and it is to be

hoped that the new municipal leaders will find a way to expedite

long overdue infrastructural projects. This is according to Norman

Seymore, CEO of the Chryso Southern Africa Group.

Norman Seymore

H

owever, the financial manag-

ers often find themselves bur-

dened with time-consuming

investigations to understand why

actual billings don’t match expected

earnings, what causes the deficit, and

how to prevent it altogether.

“Time management needn’t be

that difficult,” says Brendon Gass,

CEOof SmartHR. He says thatwith the

right systems it is easy and there are

many reasons why companies bleed

time (and therefore profits), such as:

workers operate at low capacity and

their time is not tracked; workers

operate at high capacity but don’t

report all their time spent; workers

waste time on unprofitable activities.

This oftenmeans that companies take

on extra capacity already available in

their underutilised workforce; or fail

to curb overruns on allocated project

time. Gass points out that companies

fail to leverage the slack accumulated

against allocated project time or set

sensible key performance indicators

to measure worker performance.

Gass says that with the right

system, financial managers can not

only track down missing time with

ease but also prevent loss entirely.

“It’s important to realise that time

management isn’t just a system for

capturing and billing hours,” warns

Gass. “It’s continuous control of a

dynamic lifecycle with the power

to inform enterprise strategy at all

levels.”

Analytical tools leverage the entire

database – not just time sheets – to

offer a consolidated view of time

dynamics against which to manage

the workforce, develop policy and

protect profits.

For many financial managers,

reconciling lost and billable time is

Time management expertise

Companies employ costly knowledge workers and subject experts

to trade their expertise for an hourly consulting fee and collect a tidy

return on their payroll investment.

a full time job. However, the right

approach – assisted by appropriate

technologies – makes the process

simple and painless. Savings in effort,

improved profitability, cost reduction

and increased strategic visibilitymore

than justify the investment. Gass ad-

vises all financial managers to review

and optimise their timemanagement

processes where possible.

For more information on SmartHR

go to

www.smarthr.co.za

Brendon Gass

head office in Jet Park. An important

plus factor for Chryso Southern

Africa is that we nowproduce our own

raw materials for the formulation of

Chryso’s acclaimed New Generation

admixtures and no longer have to

import these at exorbitant costs be-

cause of the dismal state of the rand.”

The company had also made sig-

nificant progress in the ‘greening’ of

its own products in the past 20 years,

culminating in the pioneering intro-

duction of dustless manufacturing

processes for cementitious products

at its main plants.

“The products Chryso supplies to

the cement industry for fly ash and

slagment production, plus limestone

extension, have enabled cement

producers to significantly reduce

their own carbon dioxide emissions

– something we are very proud of,”

he added.