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BHP Revitalizes Its Global Management - College Essays

BHP Revitalizes Its Global Management

Summary of the article by David Forman "BHP REVITALISES ITS GLOBAL MANAGEMENT,"
Business Review Weekly, April 17 1995, page 24-26.
BHP is setting up the required management to handle a rapid global expansion.
They have done this by appointing a network of regional corporate
representatives and a corporate general manager, international.

Representing BHP across the world, these managers will facilitate new
developments, and assist global expansion. This overseas focus of expansion
requires new systems and processes, to take on projects in different countries
around the world.

BHP has taken advice from other companies, that have expanded outside their home
countries, also background ...

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circumstances. Power is an independent group,
drawing on the skills of the Mining and Petroleum divisions where necessary.

The company is looking at other possible new businesses, that are natural
developments of the company's existing businesses, in the same way Power has
evolved from Petroleum and Mining. One of these is Manufacturing, using the
skills developed in the Steel division.

In 15 years BHP has gone from being a domestic steel producer with small
petroleum and mining operations, to having a significant international presence
in the steel, oil and mining industries. (Forman, D. 1995, pp. 24-26)

MANAGEMENT PRINCIPLES

After a six month review of their business position into the next century BHP
has developed a strategic plan.(Forman, D. 1995)

The strategic management process uses nine steps to create a strategic plan.

1: Identify the organisations current mission, objectives and strategies.

BHP operates steel, mining and petroleum businesses.

2: Analyse the ...

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BHP Revitalizes Its Global Management. (2004, April 6). Retrieved November 23, 2024, from http://www.essayworld.com/essays/BHP-Revitalizes-Its-Global-Management/5787

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PAPER DETAILS

Added: 4/6/2004 06:38:26 AM
Category: Economics
Type: Premium Paper
Words: 1076
Pages: 4

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