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Human Capital in Mining
What Insights Companies Need for Increased Flexibility
How could mining companies better
identify their future talent needs?
This starts from gaining a better insight
into the internal talent. They should
reexamine how they run their annual
performance reviews and how much
feedback they provide to employees.
They must have an understanding of the
performance and potential of key
individuals.
Interview with: Sean Junor,
Manager - Workforce Planning and
Talent
Acquisition,
Cameco
Corporation
“Mining organizations need to do a
better job of understanding their
workforce,” advises Sean Junor,
Manager - Workforce Planning and
Talent Acquisition, Cameco Corporation.
“They spend very little time assessing
the human capital, focusing more on
physical capital inputs (equipment, cost
of propane or tires). That is to the
detriment of the industry,” he adds.
A speaker at the marcus evans Global
Mining Summit 2014, in Las Vegas,
Nevada, March 17-18, Junor talks about
workforce planning and optimization.
Cameco is trying to align its talent
acquisition policies with operational
planning. Why and how?
Cameco is attempting to integrate its
talent acquisition and Human Resources
(HR) policies and programs with its
business strategy to allow for greater
flexibility for managers and business
unit leaders. Also, ensuring the same
processes do not need to be repeated
every time.
The company has integrated short- and
long-term planning into the operations
and business unit cycles, so they have,
at least, an annual review of pressure
points and potential internal problems
that would give them insight to save
time and resources.

Equally important, they need better
insight on core competencies and what
is required for each role. The
competencies required today are likely
not the same as those the company will
be leaning on in a few years. Mining
work is always changing.
Whether change is due to new
technologies, the need to automate or
increase productivity, it impacts the
workplace, so the skill-set of employees
must change accordingly to support
that.
A u to m a t io n m ay r e q u ir e f e w e r
employees, but it adds a level of
complexity that cannot be handled by
every entry level job.

How should they plan their
w o rk f o r c e
for
s c en a ri o s
of
prosperity, stasis and austerity?
They need insight into the drivers of
potential change. It could be pending
retirements or voluntary turnover. If
they are planning new projects, they
need to be aware of the demographics
of their workforce and availability of
talent. That is often heavily influenced
by commodity and stock prices, but
when the industry is expanding, the
company will be competing for the
additional labor against other
organizations as well as itself, as
employees will have options to leave.
What is critical for companies to
consider is how employee turnover is a
lagging indicator often correlated with
absenteeism and engagement, and what
its demography can say about the
predictive nature of their workforce.
If companies had better intelligence on
these metrics for each unit, they would
have a good idea of what their future
workforce will look like and what
support will be needed.

How can your department influence
expenditure reduction?
We look for resource optimization. The
goal is to simplify, automate and
standardize logical work processes.
These processes can allow operational
staff to spend more time on strategic or
production activities.
In addition, I believe companies have to
put an increased priority on their
internal talent, gain insights into what
their people have as career interests
and what they can undertake, so that
they do not go purchase labor on the
open market every time they need to
fulfill a role. That often has a long time
lag and proves more costly.
They should leverage their investments,
leadership and training capabilities to
grow their own workforce.

Mining
work is
always
changing
The

Mining

marcus

evans

Network

–

Summits group

delivers peer-to-peer information
on strategic matters, professional
trends

and

breakthrough

innovations.

About the Global Mining Summit 2014
This unique forum will take place at the Red Rock Casino, Resort & Spa, Las Vegas,
Nevada, March 17-18, 2014. Offering much more than any conference, exhibition or
trade show, this exclusive meeting will bring together esteemed industry thought
leaders and solution providers to a highly focused and interactive networking event.
The Summit includes presentations on mine productivity, automation of the mining
process, safety and how to retain a highly skilled and educated workforce.
www.globalminingsummit.com

Please note that the Summit is a
closed
number

business
of

event

participants

and

the

strictly

limited.

Contact
Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division
Tel:
Email:

+ 357 22 849 313
press@marcusevanscy.com

For more information please send an email to info@marcusevanscy.com
All rights reserved. The above content may be republished or reproduced. Kindly
inform us by sending an email to press@marcusevanscy.com

About marcus evans Summits
marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss
strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to
individually tailor their schedules of keynote presentations, case studies, roundtables and one-on-one business meetings.
For more information, please visit: www.marcusevans.com

Upcoming Events
Mining Summit (Australia) - http://miningsummit.marcusevans-summits.com

To view the web version of this interview, please click here: www.globalminingsummit.com/SeanJunor

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Mining Workforce Insights for Future Talent Needs

  • 1. Human Capital in Mining What Insights Companies Need for Increased Flexibility How could mining companies better identify their future talent needs? This starts from gaining a better insight into the internal talent. They should reexamine how they run their annual performance reviews and how much feedback they provide to employees. They must have an understanding of the performance and potential of key individuals. Interview with: Sean Junor, Manager - Workforce Planning and Talent Acquisition, Cameco Corporation “Mining organizations need to do a better job of understanding their workforce,” advises Sean Junor, Manager - Workforce Planning and Talent Acquisition, Cameco Corporation. “They spend very little time assessing the human capital, focusing more on physical capital inputs (equipment, cost of propane or tires). That is to the detriment of the industry,” he adds. A speaker at the marcus evans Global Mining Summit 2014, in Las Vegas, Nevada, March 17-18, Junor talks about workforce planning and optimization. Cameco is trying to align its talent acquisition policies with operational planning. Why and how? Cameco is attempting to integrate its talent acquisition and Human Resources (HR) policies and programs with its business strategy to allow for greater flexibility for managers and business unit leaders. Also, ensuring the same processes do not need to be repeated every time. The company has integrated short- and long-term planning into the operations and business unit cycles, so they have, at least, an annual review of pressure points and potential internal problems that would give them insight to save time and resources. Equally important, they need better insight on core competencies and what is required for each role. The competencies required today are likely not the same as those the company will be leaning on in a few years. Mining work is always changing. Whether change is due to new technologies, the need to automate or increase productivity, it impacts the workplace, so the skill-set of employees must change accordingly to support that. A u to m a t io n m ay r e q u ir e f e w e r employees, but it adds a level of complexity that cannot be handled by every entry level job. How should they plan their w o rk f o r c e for s c en a ri o s of prosperity, stasis and austerity? They need insight into the drivers of potential change. It could be pending retirements or voluntary turnover. If they are planning new projects, they need to be aware of the demographics of their workforce and availability of talent. That is often heavily influenced by commodity and stock prices, but when the industry is expanding, the company will be competing for the additional labor against other organizations as well as itself, as employees will have options to leave. What is critical for companies to consider is how employee turnover is a lagging indicator often correlated with absenteeism and engagement, and what its demography can say about the predictive nature of their workforce. If companies had better intelligence on these metrics for each unit, they would have a good idea of what their future workforce will look like and what support will be needed. How can your department influence expenditure reduction? We look for resource optimization. The goal is to simplify, automate and standardize logical work processes. These processes can allow operational staff to spend more time on strategic or production activities. In addition, I believe companies have to put an increased priority on their internal talent, gain insights into what their people have as career interests and what they can undertake, so that they do not go purchase labor on the open market every time they need to fulfill a role. That often has a long time lag and proves more costly. They should leverage their investments, leadership and training capabilities to grow their own workforce. Mining work is always changing
  • 2. The Mining marcus evans Network – Summits group delivers peer-to-peer information on strategic matters, professional trends and breakthrough innovations. About the Global Mining Summit 2014 This unique forum will take place at the Red Rock Casino, Resort & Spa, Las Vegas, Nevada, March 17-18, 2014. Offering much more than any conference, exhibition or trade show, this exclusive meeting will bring together esteemed industry thought leaders and solution providers to a highly focused and interactive networking event. The Summit includes presentations on mine productivity, automation of the mining process, safety and how to retain a highly skilled and educated workforce. www.globalminingsummit.com Please note that the Summit is a closed number business of event participants and the strictly limited. Contact Sarin Kouyoumdjian-Gurunlian, Press Manager, marcus evans, Summits Division Tel: Email: + 357 22 849 313 press@marcusevanscy.com For more information please send an email to info@marcusevanscy.com All rights reserved. The above content may be republished or reproduced. Kindly inform us by sending an email to press@marcusevanscy.com About marcus evans Summits marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to individually tailor their schedules of keynote presentations, case studies, roundtables and one-on-one business meetings. For more information, please visit: www.marcusevans.com Upcoming Events Mining Summit (Australia) - http://miningsummit.marcusevans-summits.com To view the web version of this interview, please click here: www.globalminingsummit.com/SeanJunor