Stakeholder Analysis Assignment

Stakeholder
Analysis
Student’s Details-

Introduction
• Stakeholder analysis is the process of identifying the involved
parties and their interests.
• It is the process of grouping the stakeholders as per their
participation and level of influence.
• Moreover, stakeholders are the groups or the independent bodies
without whom the business cannot survive (Bourne, 2016).

Background of BHP
• BHP is the leading natural resource company which deal in the
extraction of minerals, oil and gas.
• The company has more than 72,000 employees and contractors and
has operations primarily in Australia and America (BHP Billiton,
2010).
• It has a Dual Listed Company Structure having two parent companies
BHP Group Limited and BHP Group Plc.

Vision and Mission
• The vision of BHP is have best capabilities and create a
long-term value and higher returns.
• The mission of the company is zero harm to people and
communities for attaining the leading industry practice.

Recent Developments
• In the light of recent developments, the company has
made decision to undertake contractor companies’ cost.
• On march 23, the company has limited the entry of
contractors into operations.

Challenges and Industry Trends
• Challenges that the company faces is inequality, loss of public trusts
on institutions and water scarcity.
• Industry trends suggests that the total mining sector employments in
Australia has reached 251,000 in December 2019 (BHP Group, 2020).
• Local currency wage growth is subdued in Chile and made a gradual
recovery in Australia.