INSIGHTS PRESENTED BY
Streamlining workforce performance
MiTRAQ is a platform designed for the mining industry, offerring global benchmarking and data analysis tools to help mining companies assess and improve their operational performance.
A global mining company made a strategic decision to switch to a data-driven performance rewards system for the management teams.
As a first step, the company launched internal competition between mines. The company needed a comprehensive tool to measure and compare their performance.
MiTRAQ provided the company with a benchmarking solution.
Using MiTRAQ, the management identified the five most relevant metrics.
And set new performance targets based on the top industry practices KPIs for the mines.
MiTRAQ-based competition fostered performance across participating mines.
Data-based competition rewards helped drive mines’ management motivation.
In medium term, productivity of the mines improved, resulting in increased profitability across the company.
