Graslander Uitgawe 5: Verandering | Page 4

BASTION MAIN ARTICLE GRASLAND’S NEW DAWN IS HERE O n Thursday, 2 August 2018, at The Barn in Klerksdorp, the agri-com- munity celebrated 50 years of Grasland’s existence as a leading pro- vider of agricultural lime solutions in South Africa. Grasland also took the opportunity to announce the beginning of a new era in the company’s illustrious tenure. That new era was marked by the announcement of the company’s new name, logo and slogan: Bastion – Foundation for Growth. Bastion Managing Director, Etienne Schoeman, said the name change marked a recalibration of the company strategy. “We have a proud history and track record and our name change in no way reflects a distancing of our past. We embarked on quite a lengthy period of self-reflection and deliberation and we felt we had to recalibrate, re- align ourselves, so to speak, to the changes in the market and changes in the market environment. Part of this process brought to light that we needed to align everything we do to the “why” of what we stand for. Many companies know how to do busi- ness, but research has shown that many don’t know why they do business.” Etienne made reference to the rise and fall of for- mer cellphone giant Nokia, whose slogan or “why” was ‘Connecting People’, “but shortly before their demise, their strategy was to maintain a dominant market position… This shows a non-alignment between strategy and purpose.” “Bastion’s “why” is: ’To make the purchasing of 2 Graslander September 2018 natural lime products simple and low risk, in a way that promotes sustainability’. What this really means is that we have to be more customer-centric, absolutely focused on the client. It also means our business systems must be in place and run effi- ciently and it means that our staff must be aligned with our values, said Etienne. “This one sentence might seem simple and straight forward, but take for instance just the one statement,‘low risk’ – this means that we focus aggressively on conservative financial management in order to minimise any possible risk to all our stakeholders. Its means we maintain a positive cash balance so that we are always paying our creditors on time, it means that we protect our customers by being a sustainable business and it also means that we safeguard our shareholders by doing responsible business. It further means that we make product quality a very high priority so that producers can be certain that they achieve the necessary reactivity of lime in their soil.” Bastion is a member of the Fertilizer Association of Southern Africa (FERTASA) which is an article 21 company that runs the generic affairs of the Fer- tilizer and Agricultural lime industry of Southern Africa. The impact of agricultural lime on yield deve- lopment and performance is discussed in articles elsewhere in this edition and there can be no doubt that crops assisted by agricultural lime applications deliver better yields. Francois Strydom, Group CEO of Senwes (a 50% shareholder in Bastion) and director of Bastion, said that he researched the definition of the name Bastion. “I am honoured to be part of this historic day. When I looked up the definition I was very pleased and I can honestly say that I see that value being demonstrated here today. In the context of business the best definition applicable would be that Bastion is “a thing or person regarded as upholding or defending an attitude or principle. Given your track-record over the last 50 years, I can only predict good things going forward,” said Francois while toasting the company’s new name at the function. Mr Lemmer Vermooten, vice chairman of the board at NWK (also a 50% shareholer in Bastion) and chairman of the board at Bastion, welcomed everyone to the event which was attended by about 150 stakeholders which included two former Grasland managing directors; Mr Piet Prinsloo and Dr Pieter Haumann, the Bastion board of directors and various producers, agents, business associates and company personnel. The event was marked by a very positive reception of the new name and logo, with staff and ma- nagement enjoying cake and a bubbly toast in celebration of this milestone and the new chapter it represents. A big thank you from all at Bastion to our loyal clients, suppliers and producers. Without you, we would not be where we are today.