A comprehensive review of the industry's readiness to take on the challenges of today, and tomorrow.
The Mining Journal Global Leadership Report: Preparing for Transformation speaks to the industry about the challenges it is currently facing and the preparedness to make the necessary changes to thrive in a shifting landscape.
The research has tapped into the thinking of 21 executives from the world's largest miners, representing an aggregated market capitalisation of $367 billion; and synthesised the responses from another 518 professionals from across the industry.
The result is a comprehensive review of the factors driving transformation, engagement levels between leadership groups and their employees on transformation messaging, leadership planning for the future, and the success rate for change programmes. A review of desirable leadership traits, threats and opportunities is included.
INSIDE THIS REPORT
AIMS AND METHODOLOGY
i. Leader: A new people equation
iv. Importance of transformation
v. Long-term planning
vi. Employee engagement
vii. Execution success
viii. Discussion: Don't wait for technology to transform
i. Leader: Mining's 'perfect storm'
ii. Executive interviews
ii. Most desirable leadership skills
iii. Greatest threats/risks (to industry)
iv. Greatest threats/risks (to company)
v. Greatest threats/risks (for industry)
vi. Greatest threats/risks (for company)
With an increasing focus on stakeholder engagement, we need to commit to mining with principles29 JUNE 2018
Shining a light on business transformation and leadership in the mining industry.29 JUNE 2018
Money and resources alone are not enough to be successful.29 JUNE 2018
Current predicament requires recognition and then targeted actions to improve mining's lot
Mining Journal Global Leadership Report 2018: Iván Arriagada, Antofagasta, Chief executive officer
We are a mature industry and we have come a long way
Sandeep Biswas, Newcrest Mining, Managing director & Chief executive officer
Khalid Bin Saleh Al-Mudaifer, Ma'aden, President & chief executive officer
Young people are so far ahead of the curve and we have prioritised selecting the right talent
Richard Adkerson, Freeport-McMoRan's Vice chairman, president & chief executive officer
We're in the business of creating long-term value and so we never stop planning for the future.06 FEBRUARY 2019
I don't think mining companies have traditionally collaborated well.
This industry has gone from one where people died quite frequently to one in which people rarely die...
The sector could transform the way it approaches relationships and builds trust.
Large corporations exploration programmes are traditionally too bureaucratic, slow and conservative
Coming from tier-one financial institutions and banks, I've found the mining industry rather conserv...
The industry has been reluctant to change the way it has used technology, even existing technology.
The mining industry's ultimate purpose is to work for the benefit of humanity.
Transformation is about using technology and, more importantly, how you engage your people.
We are very much a big part of Australia's past, but we're a crucial part of Australia's future.
Stakeholder engagement, and community engagement specifically, needs to move to a whole new level.
I'm a big believer that every technical strategy needs to have an accompanying organisational strate...
We need people who can embrace change and innovation while still delivering on their commitments.
We asked leaders to rate their execution success, and employees to assess their leadership team29 JUNE 2018
Taking the whole company through the transformation process together to stand a chance of success
We ask how often the leadership team met to discuss issues beyond a three-year horizon.
The industry is beginning to give transformative issues their full attention
Overall, the greatest driver of transformation was Digitisation.
We asked respondents to our digital survey five questions under the Transformation theme
Transformation is necessary and we can develop the skills to make the process successful
Understanding the process of transformation as seen by leaders, and reviewing the broader industry29 JUNE 2018