Values – lcg

Our capital and the impact it has on future generations of young black South Africans always comes first. Despite being domiciled in South Africa, we have a global outlook, and we invest where the promise of returns is reasonable in the short term and sustainable in the long term. Experience shows that if we manage our capital well, our returns should follow, and that society will be the ultimate benefactor.

Our assets are people, capital, networks, and reputation. If any of these are ever lost, the last is the most difficult to regain. We can never compromise on integrity as it’s the essence of reputation.

We take great pride in the professional quality of our work. For, this is a firm that wants to promote collective and structured enterprise amongst young black South Africans. We have an uncompromising determination to help one another achieve excellence in everything we undertake so as to sustain and grow our capital towards a wealthier, larger and more effective black middle class South Africa and the world at large. Though we may be involved in a small volume of activity, we would, if it came to a choice, rather be the best than the biggest.

We stress creativity and imagination in everything we do. While recognizing that the old way may still be the best way, we constantly strive to find a better solution to managing our capital risks and finding opportunities for growth. We pride ourselves in being imaginative, methodic and most importantly, practitioners of the collective experiences, knowledge and know how attained through life to make decisions for the dynamic circumstances to arise in future, now.

We make an unusual effort to identify and recruit the very best person for every job. Every shareholder is business owner of the business & and an owner of the subsidiaries across our various industries of holding. Although our activities are currently measured in a few thousand Rand and having a large selection, we select our people one by one. In a legacy business, we know that without the best people, we cannot be the best firm.

We offer our people the opportunity to move ahead more rapidly than is possible at most other places. We have yet to find the limits to the responsibility that our best people are able to assume. Advancement depends solely on ability, performance, and the desire to contribute to the firm’s success, without regard to race, color, age , creed, sex or national origin.

We stress teamwork in everything we do. While individual creativity is always encouraged; we have found that team effort often produces the best results. We have no room for those who put their personal interests ahead of the interests of the firm and its capital agenda.

The dedication of our people to the firm and the intense effort they give their jobs are greater than one finds in most other organizations. This will always be integral to our success. However, finding new tools and better ways of working will always be the way of the future.

Our profits are the key our success. They replenish our capital and attract, to keep, our best people. We must always figure out and devise better research practices to identify the best of opportunities in investments and people. It is our practice to share our profits generously with all who helped create them. Profitability is crucial to our future. It ensures the youth will invest and every investment decision, before taken, should pass the simple question that asks "does this decision maximize the return of the business. What do we risk losing for future generations?"

We consider our size by measure of Share Capital and Risk Capital that we try hard to grow preserve. We want to be big enough to undertake the largest deals that any of our collaborators could contemplate, yet small enough to maintain the loyalty, the intimacy, and the esprit de corps that we all treasure and that contribute greatly to our success.

We constantly strive to anticipate the rapidly changing needs between the activity we partake in, with regard to every stakeholder. We know that the world of deal-making will not stand still and that complacency can lead to extinction when it comes to the speed at which decisions are executed. To stay alive, we encourage our people to always keep learning.

We regularly receive confidential information as part of our normal operational engagements. To breach a confidence or to use confidential information improperly or carelessly would be unthinkable.

Our business is highly competitive, and we aggressively seek to expand our capital’s positive impact on society. However, we must always be fair in our engagements with stakeholders and must never deliberately denigrate the value other stakeholders within or without the firm.

Integrity, honesty and a wealthier black middle class are at the heart of our business. We expect our people to maintain high ethical standards in everything they do, both in their work for the firm and in their personal lives. We encourage our people to engage one another so as to promote a culture of engaging one another and keeping everyone in the business informed of their areas of concern. We deliberately maintain a flat organizational structure to achieve this. At LCG, we are a family of business partners.