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Bhp (broken Hill Proprietary Company Limited) and Billiton

Autor:   •  September 1, 2011  •  Essay  •  514 Words (3 Pages)  •  1,663 Views

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The two companies, BHP (Broken Hill Proprietary Company Limited) and Billiton merged in 2001. Before the merger happened these two companies were very competitive and complementary against each other as they were both mining companies. Since the merger there have been a lot of economic benefits for BHP Billiton as two very large and successful companies shared their resources. This led to a major success as they have been developing, contributing to communities around the world. The two companies provided a variety of different diverse range of products with high quality which is one of the reasons why the two companies were formed. They needed each other to make the business grow faster, bigger and to obtain their full potential of maximum profit. The reason why this organisation is one of the most thriving business's in the world is because of the mixture of two companies' resources as other competitors' lack of information. Another reason why these two companies were formed in terms of ecnomic reason is because of social purposes. Like charity organisations and person purposes to acheive personal interests to fit the interests of the shareholders.

Chip Goodyear became the CEO of BHP Billiton because the previous CEO (Gilberton) stormed out of a board meeting and announced his retirement. This was a big shock to the board and also to the other employees and managers at BHP Billiton. When Chip Goodyear was unexpectedly put into a CEO position, his attitude towards Gilbertons departure was to move on. The leadership that Chip Goodyear provided got other staff members to effectively move on to achieve the set out goals efficiently. He showed great skills and ability to get things by communicating with other staff members and managers by walking around the site. He used a very simple management style by interacting with other managers. Although it is a very large company with over 30,000 employees over 25 countries, he tried his best to

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