WEBVTT 00:00:00.150 --> 00:00:03.210 - You have started about 18 months ago. 00:00:03.210 --> 00:00:05.940 You have launched a new strategy. 00:00:05.940 --> 00:00:09.690 If you take a step back now, what are your main reflections? 00:00:09.690 --> 00:00:11.430 - I think it's all about the people. 00:00:11.430 --> 00:00:12.900 So the first step 00:00:12.900 --> 00:00:16.091 was to build the right leadership team for De Beers. 00:00:16.091 --> 00:00:19.350 We went about 70% on experience 00:00:19.350 --> 00:00:22.590 and 30% on some fresh faces and some fresh thinking, 00:00:22.590 --> 00:00:24.711 we've got a fantastic leadership team. 00:00:24.711 --> 00:00:28.050 I think the second thing was to empower that team 00:00:28.050 --> 00:00:31.950 and to allow people to use their experience, 00:00:31.950 --> 00:00:35.310 use their innovation, and devolve the responsibility 00:00:35.310 --> 00:00:37.620 and we've worked very hard on that. 00:00:37.620 --> 00:00:38.792 - And what is the one topic 00:00:38.792 --> 00:00:42.640 which you would like to see CEOs talk more about? 00:00:42.640 --> 00:00:45.690 - I think it's cutting through the noise. 00:00:45.690 --> 00:00:49.260 So the clock speed of the world seems to run faster 00:00:49.260 --> 00:00:50.460 and faster and faster. 00:00:50.460 --> 00:00:53.340 As CEOs, particularly in an industry like ours 00:00:53.340 --> 00:00:56.400 where we invest for decades going forward, 00:00:56.400 --> 00:00:58.170 we have to be able to cut through those cycles, 00:00:58.170 --> 00:00:59.340 cut through that noise 00:00:59.340 --> 00:01:02.130 and really understand where we're taking companies 00:01:02.130 --> 00:01:03.120 in the long term 00:01:03.120 --> 00:01:05.970 and I think it gets really distracting 00:01:05.970 --> 00:01:08.580 if you look all the buzz around you all the time 00:01:08.580 --> 00:01:11.250 and I think one thing CEOs need to talk more about 00:01:11.250 --> 00:01:13.080 is how we cut through those cycles 00:01:13.080 --> 00:01:14.840 and do the right thing for the long term 00:01:14.840 --> 00:01:17.869 and work to avoid getting distracted by the noise. 00:01:17.869 --> 00:01:21.369 (buoyant music continues)