RoGEV is a robust financial performance indicator that measures the value we add for our shareholders and reflects how successful we are in creating value for our material stakeholders.
Sanlam’s vision and strategic intent is pursued through a strategy focussed on four pillars. Here we explain the underlying aspects of each strategic pillar in more detail.
Profitable top-line growth through a culture of client-centricity
Extracting value through innovation and improved efficiencies
Enhancing Sanlam’s resilience and earnings growth through diversification
Responsible capital allocation and management
The five clusters have their own targeted strategies in support of the Group strategy, which are all reviewed annually. Here we summarise the strategic intent for each cluster.
To provide the benefits underlying our products and services and to sustainably create value for all stakeholders means that we are exposed to a range of risks. These risks, however, also create opportunities for innovation and differentiation. We distinguish between strategic and operational risks, which are mitigated through a mature risk management governance structure.
The bottom-up approach embeds risk management into Sanlam’s day-to-day operations. Maintenance of risk registers and reports in each area control this process.
Some of our risks include: Poor economic growth, Disruptive threats/Fourth Industrial Revolution, Cyber-risk and Human resource scarcity/stretched resources.