Financial Mail

50 years of innovation

As mining evolves, so has the company’s ability to meet clients’ need for sustainabl­e solutions

- Sales: Debbie Montanari

Celebratin­g its 50th year, SRK Consulting recommits to the value of innovation especially in its core industries such as mining, where risks and challenges grow steadily in complexity.

When the founders of SRK Consulting Oskar Steffen, Andy Robertson and Hendrik Kirsten set up in Johannesbu­rg in 1974, their very business concept was an innovation: providing specialist consulting in geotechnic­al services and tailings design. This was unusual in an era when mining houses tended to be self-contained, generally employing all the skills they needed for their operations.

Growing to a 1,700-strong global network of engineers and scientists has proved their vision. Honouring their golden anniversar­y, SRK Consulting has chosen “Innovation in Focus” as its theme for 2024, says Tim McGurk, group CEO of SRK Global.

Complex demands

“Innovation was a key driver in the company’s founding and our people continue to build on that legacy,” says McGurk.

“The projects we undertake with our clients are becoming increasing­ly complex, so it is inevitable that we renew our commitment to innovation in our work as we reflect on our past and future.”

He says innovation is not just about technology, though that plays an important role; it’s also about the approach of tailoring services to meet clients’ need for sustainabl­e solutions.

The company’s innovative approach has been nurtured by creating the right culture and structure to attract bright people into building their own practices within the group, says SRK global chair Alejo Sfriso. Innovation is an outcome, not a top-down business plan.

“Financial results and staff growth are also outcomes,” says Sfriso. “Even new service offerings are not planned, but the result of our people’s awareness of market opportunit­ies, which they naturally pursue following their individual interests.”

Diversifyi­ng as risks grow

Over five decades, the company’s fields of operation have expanded significan­tly. Having started in the traditiona­l technical fields of mining, engineerin­g and geology, SRK Consulting developed extensive capability in a variety of related fields from water management to environmen­tal and social impact assessment, says Andrew van Zyl, MD of SRK Consulting South Africa.

“Just as mining develops and evolves new understand­ings of how the sector interacts with our natural and social environmen­t, so our services have grown to encompass many more discipline­s. Over recent decades, the industry has realised just how central these aspects are to the sustainabi­lity of the sector; for our part, this has meant innovating roles and standards for environmen­tal and social experts, for instance.”

Supporting innovators

Technology has also become an ongoing focus, with inhouse efforts to free up internal innovators to explore and implement novel solutions to some of the mining industry’s most complex challenges. According to Tracey Drew, principal consultant and head of data services at SRK Australia, SRK Consulting recognises that innovation thrives on the exchange of ideas.

To pursue this approach, SRK holds biannual innovation workshops to encourage thought leaders to step outside the box and stimulate creativity by breaking away from traditiona­l workspaces. These workshops serve as a meeting point for SRK’s engineers and scientists to share their ideas with like-minded creators.

A good example of the power of these workshops is the software package developed by tailings consultant Jonathon Eldridge and his team at SRK Australia. This digital tool assists in the easier interpreta­tion of in-situ geotechnic­al testing, offering significan­t value to SRK’s clients.

The innovative software was one of three ideas whose further developmen­t received internal funding. Another idea was an integrated valuation platform with a database and custom browser front end, which allows complex, multiple-method valuations entirely outside spreadshee­ts. A third innovation was a unified geotechnic­al logging system for quality data capturing.

Nurturing talent

SRK attracts skilled, passionate people who thrive on working in multidisci­plinary teams to create sustainabl­e solutions for clients.

“We work hard to retain a relatively flat structure, with a strong culture of encouragin­g people, even junior staff, to contribute ideas and actively participat­e in solutions,” says Sfriso. “This approach nurtures personal confidence and profession­al growth — key ingredient­s for forging the kind of innovation­s our clients need.

“Underpinni­ng the company’s future is its culture of empowered people choosing to work together, which will support its growing diversity and its reputation as a worldwide mining consultanc­y of choice.”

 ?? T Lacson ?? Rehabilita­tion of the Nacala Corridor railway line, which runs through Malawi and Mozambique
T Lacson Rehabilita­tion of the Nacala Corridor railway line, which runs through Malawi and Mozambique
 ?? ?? Andrew van Zyl,
MD of SRK Consulting South Africa
Andrew van Zyl, MD of SRK Consulting South Africa

Newspapers in English

Newspapers from South Africa