I joined BHP a little over 8 years ago, at a time when this great company was at a very low ebb. Today, it is the opposite, with our reputation as a reliable operator and thoughtful allocator of capital re-established, and then some. I claim no direct credit for the former and much for the latter, but I take equal pride in both.
It has been a fascinating and transformational journey, but with an overriding sense that there are no more mountains to climb here, it is time for new challenges, and to hand the reins to the next generation to forge their own path. I leave behind a deep, diverse and talented team, and I wish them all possible success.
For me, the immediate task will be to pursue some personal research projects that I have been thinking about for some time but that have been inevitably deferred due to the all-encompassing nature of corporate life.
Initially, I will be doing this from the confines of the Crawford School of Public Policy at The Australian National University. I will be diving into various aspects of what I term the “quadrilemma” of prosperity, rivalry, populism and the energy transformation [broadly defined], as well as pursuing some side projects on forecasting and foresight technique, the shortcomings of corporate finance theory in a geostrategic age, some historical work on industrialisation strategy, and building out some of the strategic inferences from my recent book on China (which I will highlight in a separate post). Some selective advisory work in both the public and private sectors is also a possibility, especially if there are synergies with the above research agenda.
Beyond that, my next major step(s) will be chosen carefully balancing the needs of my family, my professional passions, and societal benefit.
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Multi-Cultural Champions: CampeonHerrod
2mo26 in a row! Wow