Focusing on long term sustainability
Our Strategic Focus Areas
2021 has brought up the toughest leadership test for companies the world over. Beyond the short-term uncertainty, it is clear that the post pandemic world will be unavoidably different. The ultimate challenge faced by strategic decision-makers is how to bring the business back in an environment where the “old normal” has ceased to exist and the “new normal” has not yet been defined. It may seem disingenuous to think about growth and expansion at this point, but in actuality, the events of 2021 have reminded us how important and urgent it is to create conditions for higher and more inclusive value creation that benefit all South Africans.
Our team undertook an extensive strategic review in this past year, realigning our business directive to the rapidly changing global economic environment, while still actively promoting the advancement of the United Nations’ Sustainable Development Goals (SDGs) in Africa, contributing to meaningful long term socio-economic value creation. Some hard decisions were taken, which are fully explained on pages 36-57 of this report, but these were necessary trade-offs to ensure the long term sustainability of the Group. AYO has remained steadfast on the key focus areas that are critical to the resilience of our business and enable us to remain relevant and create and preserve shared value for our stakeholders and community.
