First is the importance of prioritizing people. This creates more win–win relationships. cookies. China Development Forum 2020. Thereâs also the potential for a long-term bonus - ⦠It took a degree of foresight, and definitely involved dollars and investment. BHP Chairman Ken MacKenzie and Mike Henry are seen at a news conference to announce Henry as BHP's new CEO from January 1, 2020, at BHP's Melbourne headquarters, Australia November 14, 2019. Good evening. Mike Henry. View Mike Henry’s professional profile on LinkedIn. our use of cookies, and
11 November, 2020. Something went wrong. What’s important from a business perspective at one point in time may change over a decade or two as the economy in question evolves. Later this year, we’ll announce a commitment to the market with an updated 2030 science-based target for Scope 1 and Scope 2 emissions that align with the Paris Agreement. Added Nov 14th, 2019 BHP CEO Andrew Mackenzie will be handing over the reins to CEO-Elect Mike Henry. People remember things like that. BHP has appointed a new chief executive officer, Mike Henry, following a thorough succession process. “Nickel demand will grow significantly off the back of batteries and the EV thematic, and that will pull nickel prices up,” BHP CEO Mike Henry said in an interview last month. Reinvent your business. Supplied: BHP. Of course, we have specific initiatives around social value, but it is also embedded in all of the decisions that we make and in the day-to-day way that leaders in BHP lead. The Quarterly: Do you think businesses should play a more active role in solving social problems? Mike Henry: Asia’s got roughly half the world’s population and half the world’s GDP. One of the things that has allowed us to be around for this long is because of the effort that we invest in getting out there—creating relationships, gaining both a near- and a long-term perspective, and then bringing that perspective back into our decisions for how we construct the portfolio, the markets that we sell into, and the partnerships that we create. We rely on each other to create prosperity for both parties, and we also know we can have an impact in that space through the way that we engage—the agreements we form together and the opportunities that are generated for indigenous empowerment. Interview with Mike Henry: His comments point to the significant impact a capable and committed leadership team can have on shifting mindsets and behaviours in a relatively short period of time. I’ve realized that I can’t be the chief problem solver for BHP. This is a testament to the strong relationships we have in place, and our focus on social value. When he took on the top leadership position of the worldâs largest diversified-resources While he has managed to keep operations running and his workforce of 72,000 safe and healthy, Henry said that BHP’s resilience during the pandemic is built on a foundation of strong relationships fostered over the years: “This includes employees, but also communities, business partners, and traditional owner groups, who have come together to keep the business running.” It’s also by prioritizing the cultivation of win–win relationships that Henry believes BHP will thrive in an ascendant “Asian century.” China, Japan, South Korea, and India represent BHP’s key markets in the continent, and Asia as a whole accounts for more than 80 percent of the company’s sales. This [COVID-19] problem is so big, so complex, and so dynamic that it requires everybody to be engaged. Mike Henry is the right person for the new BHP. Mike Henry is the Group Executive & Chief Marketing Officer, BHP. The next normal arrives: Trends that will define 2021—and beyond. Mike Henry is the CEO of BHP. From a leadership perspective, giving some sense of certainty and hope is important to navigate this crisis. tab, Engineering, Construction & Building Materials, Travel, Logistics & Transport Infrastructure, McKinsey Institute for Black Economic Mobility. BHP CEO Mike Henry speaks to Elysse. hereLearn more about cookies, Opens in new
Mike Henry is the Group Executive & Chief Marketing Officer, BHP. Putting the effort into seeing BHP through the eyes of others makes us a better business. We knew that they would be hurting because of the pandemic, and we could play a role in supporting them. Mining giant BHP has announced chief executive Andrew Mackenzie will retire at the end of the year. Non-Independent Director and Chief Executive Officer - BHP Group (org chart) Create an alert to follow the career of Mike Henry. Covid-19 put pay to all that. They understand that BHP is making investments over decades and that it is critical that we’re seen to be creating value for a broad group of stakeholders: employees, communities, business partners, host governments, and so on. Henry has been president of operations, Minerals Australia, since February 2016. Mike Henry, CEO. Mike Henry joined BHP Group in 2003. Early on in a crisis, it can be easy to get tunnel vision and to focus on managing what’s in front of your nose. We’ve seen many Asian economies reap the dividends associated with free trade: Japan, South Korea, Taiwan, Singapore, Hong Kong, and, more recently, China. Mr Henry has 30 yearsâ experience in the global mining and petroleum industry, spanning operational, commercial, safety, technology and marketing roles. (iv) lessons learned, and tab. Ultimately, you can’t lead from the center, because the crisis has impacted every part of the company differently depending on region or group. This steers us in the direction of defining which issues we want to show leadership on. A focus on people and relationships is important no matter where you go. Safety and operational performance were once seen as opposing forces; if you prioritized one, you had to sacrifice the other. Thankfully, we’ve got highly capable people and a good culture. Mike Henry BHP. Third is the need to be responsive and fluid to the dynamics of an evolving crisis. READ MORE: BHP names Mike Henry as CEO to replace Andrew Mackenzie | BHP robot trucks to haul Goonyella Riverside coal. How do you see the idea of free trade evolving? I’ve got no doubt that this will continue into the future and that competition helps make us a better business. This article was edited by Jason Li, a senior editor in the Shanghai office. There isn’t some unit that handles all social-value activities; this is a line accountability, supported by functional experts. By Juliet Bourke - Consulting, Partner. My role is not so much to solve specific problems but to provide context, perspective, and clarity on what matters—while getting support in place and then getting out of the way. I’ve also realized that I can’t be the chief problem solver for BHP. collaboration with select social media and trusted analytics partners
When they’ve seen that we’re there for them in their time of need, they’ll be there for us in our time of need. From a leadership perspective, giving some sense of certainty and hope is important to navigate this crisis. What people used to view as “social license” has evolved into “social value.” That’s analogous to the journey that companies and society have been on in terms of safety. First and foremost, social value is a way of being and a way of running the business. (i) objectives, Mike Henry: Six months is still short, and I’m sure there are going to be a ton of insights yet to come, particularly because we’re still in the midst of this crisis. âNickel demand will grow significantly off the back of batteries and the EV thematic, and that will pull nickel prices up,â BHP CEO Mike Henry said in an interview last month. Again, perspective is critical. Mike Henry is currently. We are honoured to be recognised with these awards for making an impact that matters for our clients, communities and people. Take indigenous affairs as an example. On the other hand, it’s been very pervasive. Mike Henry’s induction into the role of CEO at BHP has been a baptism by fire. The Board of BHP Group (LON:BHP) has announced that Mike Henry has been appointed Chief Executive Officer of BHP, following a thorough succession process.. Mr Henry will assume the role of CEO and Executive Director effective 1 January 2020, replacing Andrew Mackenzie who will retire as CEO on 31 December 2019. That will allow you to sense what’s coming and get ready for what’s around the corner. And that’s what we’ve seen. Thank you Mr. Wang for the introduction and also Minister Han and Vice Chairman Tang for their insightful speeches on the framework of the 14th Five Year Plan and the targets for 2035. Henry is currently BHP president operations minerals Australia, a role he has held since 2016. Chanticleer. With this perspective, we can make better decisions to steer through the crisis in a more confident and deliberate fashion. McKinsey Insights - Get our latest thinking on your iPhone, iPad, or Android device. Mike Henry: We were well-positioned coming into this, because some great people in our procurement and supply teams are always assessing it, including the suppliers to our suppliers. COVID-19 has touched every single person, every part of BHP, and every part of our supply chain, creating a high degree of uncertainty. Most transformations fail. https://thenewdaily.com.au/news/national/2019/11/14/mike-henry-bhp Top miner BHP promotes insider Mike Henry to CEO, shares fall … An interview with the CEO of BHP Mike Henry explains the importance of social value in decision making and why relationships lie at the heart of business resilience. (ii) the nature of the interventions, Mike Henry replaces Andrew Mackenzie as growth in China, source of more than half of BHPâs revenue, slumped in the third-quarter to the slowest pace since the early 1990s. Henry will assume the role of CEO and executive director on January 1, 2020, replacing Andrew Mackenzie who will retire. From mine plans to safety decisions to procurement, we’re thinking about how our employees, communities, business partners, and so on are benefitting. He also provides his views on what it will take for businesses to be successful in Asia, where he sees free trade as a continuing driver for economic progress and opportunity. Unleash their potential. It has lots of nations at different points of economic development, with their own unique political, economic, and cultural contexts. MIKE HENRY will assume the role of CEO and executive director of BHP effective 1 January 2020, replacing Andrew Mackenzie who will retire as CEO on 31 December 2019. When I talk about getting perspective, it means getting out and engaging with people—both employees and external parties—and hearing what other companies are seeing, as well as the concerns they have. ... Mike Henry⦠People create and sustain change. Learn more about cookies, Opens in new
When Mike Henry took the helm of BHP a year ago he was planning to spend the first quarter of 2020 on the road meeting key customers and suppliers. But now, standing where we are today, the decision looks prescient. They’ve shown that the model works, and I think you’ll find that many countries in Asia will continue to promote free trade. Mike Henry: I’ll use this opportunity to build a bit of anticipation. Learn about
MELBOURNE, Australia--BHP Group Ltd. (BHP.AU) named Mike Henry as its new chief executive, opting for his experience running the most profitable operation of the global miner after a ⦠This [COVID-19] problem is so big, so complex, and so dynamic that it requires everybody to be engaged. Four things have stood out. We also have been studying our critical pinch points—where we might want to have a little more stock, for instance. When we first embarked on that, it wasn’t clear that this was going to become an absolute necessity, and, to be honest, I’m not quite sure what the external views were of that move. DTTL and each of its member firms are legally separate and independent entities. The Board of BHP Group (LON:BHP) has announced that Mike Henry has been appointed Chief Executive Officer of BHP, following a thorough succession process.. Mr Henry will assume the role of CEO and Executive Director effective 1 January 2020, replacing Andrew Mackenzie who will retire as CEO on 31 December 2019. Posted February 18, 2020 09:30:18 Mike Henry took up the role of BHP chief executive in January. BHP has been around for over a century now and we’ve seen competitors come and go. My view is that it’ll be both the world’s factory and the world’s marketplace for a long time, but we have to be a bit careful. We seek to understand the particular needs, aspirations, and concerns of our Asian customers, and then we think about how we can marry up the decisions that we take as a business. Be the first to hear about our Deloitte student opportunities, Reflections on investing in leaders to accelerate diversity and inclusion outcomes has been saved, Reflections on investing in leaders to accelerate diversity and inclusion outcomes has been removed, An Article Titled Reflections on investing in leaders to accelerate diversity and inclusion outcomes already exists in Saved items.
Related Articles Article - McKinsey Quarterly The CEO moment: Leadership for a new era. We see the same thing with social value. LinkedIn is the world’s largest business network, helping professionals like Mike Henry discover inside connections to recommended job candidates, industry experts, and business partners. Please see, Global investment and innovation incentives, Telecommunications, Media & Entertainment, Latest reports, infographics & case studies. Digital upends old models. The board of BHP (LON: BHP), the worldâs biggest miner, announced that Mike Henry has been appointed chief executive officer following a thorough succession process. Our mission is to help leaders in multiple sectors develop a deeper understanding of the global economy. We use cookies essential for this site to function well. Please click "Accept" to help us improve its usefulness with additional cookies. The incoming chief executive of mining giant BHP, Mike Henry, has refused to say whether the company will bow to increasing shareholder pressure and ⦠Please see About Deloitte to learn more about our global network of member firms. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. BHP has over 100,000 employees and contractors operating in 100 countries around the globe and the Marketing function, with hubs in Singapore and Houston, is responsible for selling and moving to market BHP's product, and managing financial risk associated with the revenue line. The Quarterly: As you reflect on your first six months as CEO, what are some of your biggest insights? “It has certainly been a different start than what I was anticipating,” he said. BHP's top leadership announce the appointment of Mike Henry as its new Chief Executive from January 1, 2020, at a news conference at BHP's Melbourne headquarters, Australia November 14, 2019. Mike Henry: We’ve been investing for quite some time now in securing the ability to move to fully desalinated water in Chile. BHP also announced that there would be no hike to salaries or total remuneration packages for the CEO or other key management personnel. © 2021. DTTL (also referred to as “Deloitte Global”) does not provide services to clients. Prior to being appointed CEO, Mike led BHPâs Minerals business in Australia. Second would be the importance of creating clarity on what matters most. Use minimal essential
I’ve lived and worked in different countries in Asia; each one has its own context. Top Stories. Read our latest commentary, opinion-pieces and advice. Practical resources to help leaders navigate to the next normal: guides, tools, checklists, interviews and more. The way we define these priorities is by assessing two dimensions: first is the degree of relevance to the business, and second is our ability to have impact. The Quarterly: Asia is BHP’s biggest market—is it safe to assume that you believe that we’re currently living in the “Asian century”? And over time, you build greater value and greater returns for shareholders. When he took on the top leadership position of the world’s largest diversified-resources company, in early 2020, the Canadian transplant in Melbourne found himself almost immediately facing the impacts of one of Australia’s most catastrophic bushfires on record. I’ve lived and worked in different countries in Asia; each one has its own context. Mike Henry’s first big statement on statement on climate is very, well, Mike Henry. Mike Henry is the CEO of BHP. âNickel demand will grow significantly off the back of batteries and the EV thematic, and that will pull nickel prices up,â BHP CEO Mike Henry said in an interview last month. Mike Henry has been appointed chief executive officer of BHP. Access to free trade has allowed developing economies to develop more quickly, to improve living standards, and to lift people out of poverty. Mike Henry was 25 years old when he first came across BHP. Sky high iron-ore prices have not been enough to help BHP from seeing a fall in full year profit. Posted February 18, 2020 09:30:18 Mike Henry took up the role of BHP chief executive in January. Mike Henry is the Group Executive & Chief Marketing Officer, BHP. 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