BHP Billiton Operating Model

760 Words4 Pages

Being a world-class mineral and energy provider, BHP Billiton states to establish large, long-life, low-cost, expandable upstream assets diversified by commodity, geography and market strategies for its company. (BHP Billiton, 2015) Operating Model, consists of Business (Petroleum and Potash; Copper; Iron Ore; and Coal), Group Function (the supporting team, Group Management Committee GMC), and Marketing (the management accounting department), is set up for strategy execution and performance measurement. Owing to the excellent and extensive strategies BHP Billiton has implemented, it performed outshining and outstandingly in both financial and non-financial sectors. Among the various strategies, there are 3 key aspects which are the safety …show more content…

From the area and location of workplace to the type of work, BHP Billiton is striving for zero Total Recordable Injury Frequency (TRIF). In 2015, it recorded, unfortunately, 5 fatalities, yet 2 % lower than last year. BHP Billiton did a great job in understanding the real situation of different workplaces then pinpointing each case to deliver certain improvements in the quality of working equipment in order to avoid any illness and injury. Workshops, team talks and surveys were undertaken to investigate and evaluate the deep-seated problems of dangerous working environment and the needs of each employees in term of safety and health from different areas. Managers, therefore, could identify the significant loopholes then provide suitable controls and preventions for safeguarding their fellow colleagues. Apart from the safety concern, BHP Billiton also targets to minimize the negative impacts from exposure to carcinogens and airborne in an attempt to ensure the physical status of workers is fit for work. BHP aimed to reduced the potential exposure to carcinogens and airborne for 10% from 2012 to 2017. 40% Reduction, yet, was achieved in 2015 which was an impressive and meaningful success. However, noise control including hearing loss was a grave concern. The indicator of hearing loss was 0.51 in 2013 but it soared to 3.05 in 2015. Such dismaying fact is …show more content…

Mineral and energy are important resources in all economic activities and development. It is, therefore, vital for BHP to maintain sustainability in all aspects. To obtain sustainability, before any financial gains, BHP built the collective community relationship via practicing ethical and social responsibility such as minimizing the environmental harm produced by mining. With the effort of BHP, the greenhouse gas emission has been reduced by 6% in 2015. In financial aspect, renewable energy poses a possible threat on natural resources which directly affects the sales and market of BHP. Foreseeing 2030, the global consuming would skyrocket by 30 %, even the probable matured development of renewable energy by that time, and meanwhile China and India would remain the largest customers of BHP. The predicted trend unmasked the far-reaching planning of BHP as well as is guiding BHP the future planning direction which should tailor for the current emerging countries at