Adcock Ingram Integrated Report 2018
...and evaluate stakeholder value . This helps us re-evaluate our strategy ... Mapping out our approach to integrated thinking GUIDED BY: Grounded in good governance ... ...we can focus on our three strategic pillars ... When making decisions on how to manage and grow the business, we consider those resources and relationships that are critical to our ability to create value. Input from each of the six capitals is needed for the effective management and subsequent value creation for all our stakeholders. OUR MISSION We are committed to providing quality products that improve the health and lives of people in the markets we serve. OUR VALUES Everything that we do at Adcock Ingram is underpinned by our values. Our values drive every decision we make as well as the way in which we carry out our mission, pursue our strategy and interact with our stakeholders. Build on the foundation Growth and expansion Transformation STRATEGIC FOCUS u u Customer service u u Strict cost control u u Manufacturing efficiencies u u Investment in sales and marketing u u Regulatory compliance u u Company culture STRATEGIC FOCUS u u Acquisitions u u Partnerships u u Innovation u u New customers and sales channels STRATEGIC FOCUS u u Employment equity u u Preferential procurement u u Supplier development PILLAR 1 PILLAR 2 PILLAR 3 In setting our strategy, the material matters which impact our ability to create value are considered: u u Portfolio diversification to support growth and become less dependent on SEP regulated products u u The macro-economic environment in which we operate u u Quality and output efficiencies in our manufacturing plants u u Export into other markets u u Transformation u u We are committed to providing quality products and services u u Act with integrity at all times u u Believe in transparency and open Communication u u Believe in empowerment of our people, thus encouraging entrepreneurship, innovation and accountability u u Practise non-discrimination and offer equal opportunity u u Have respect for people, society and the environment Refer to page 42 Refer to page 12 ADCOCK INGRAM Integrated Report 2018 10 INTEGRATED THINKING AND VALUE CREATION
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