BHP Strategy Australia Report 2022

Running Head: BHP 0
Student Details
Strategic Management

BHP 1
Executive Summary
The goal of the report is to understand the changing strategies in business environment which
impact the strategies of the organization. The report has provided different strategies which
have impacted the change in strategy of the mining company in Australia. The report focuses
on strategic change which impacts operations of the organization. The report includes
following information:
• To discuss the aim of the report
• To analyze changing business environment
• To discuss the impact of various strategies into one strategy
• To analyze different strategies
• To introduce strategic decision in order to deal with changing business
requirement
The report has described the changes executed by the organization in context of
strategic management. Suggestions and recommendations are provided to help in decision
making. The report has analyzed BHP and its strategies. BHP is one of the most successful
mining companies which operate in extraction of minerals resources and oil and gas products
in whole world.

BHP 2
Contents
Introduction............................................................................................................... 3
Aim......................................................................................................................... 4
Discussion................................................................................................................. 5
Conclusion................................................................................................................ 7
Recommendations....................................................................................................... 8
Bibliography.............................................................................................................. 9
Appendices............................................................................................................. 10

BHP 3
Introduction
BHP is a resources company which extract and process products related to minerals,
gas and oil. The purpose of the report is to conduct strategic analysis is to understand the
changing business environment. To have a better understanding this report provides
information about company structure, vision, and history. The strategic planning is the crux
of success of any organization (Varadarajan, 2010). It is important that companies are
updated with changing business environment to create a successful strategy. The strategy is
influenced by the new technology, competitive pricing and changing customer needs (Kim,
Shin, & Min, 2016). This factors leads to change in product as well as process of the
organization.
BHP Billiton was made with the merger of BHP Limited and Billiton PLC on June
29, 2001. It operates under a Dual Listed Company structure with two parent companies
(BHP Group Limited and BHP Group Plc.) operated as a single economic entity, which refer
to as BHP. The company’s headquarters of BHP are located in Melbourne, Australia. The
company major business are categorized into following operations which includes Petroleum
which outlines exploration of gas and oil, Coal which deals with extraction of coal units and
the third division is iron ore which includes mining of iron ore and lastly Copper which
includes mining of copper (BHP, 2019). It can be seen that metals and mining industry
norms are stringent so new competitors will always face toil in entering in the market; so
being a market leader in mining industry BHP stance at a strong position with enormous
infrastructure and latest technology.
The mission statement of BHP is to create value for the customers through
development of natural resources in low cost. The aim is to innovate in order to reduce
carbon emissions. The BHP has introduced Climate change fund to focus on the
decarbonisation through development of low emission techniques and technologies for BHP’s
operations. The vision of the company includes the achievement of 2 degree Celsius goal
which comprise of various strategies to be implemented including change in executive
management, introduction of greener bonds and change in selection criteria.