improve the health‚ safety‚ and working conditions of our people. The Technology & Innovation (T&I) group provides world class technology services to Rio Tinto’s product groups and businesses. It also advises Rio Tinto’s executive Management. T&I is made up of technology centres that identify‚ share and implement leading practice across Rio Tinto. The centres each have responsibility for different areas of mine technology‚ which include mining‚ asset management‚ strategic production planning‚ processing
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GROUP RESEARCH PAPER (Wk. 11) HRM activities: OH&S and Diversity Case study: Rio Tinto In the face of an economic downturn and an environment of increased competition‚ Human Resource Managers (HRMs) must link traditional HR activities with the organisation’s overall strategic objectives. It is crucial that HRMs are change agents and manage employees effectively to ensure that work is carried out productively. Diversity and Occupational Health and Safety (OHS) activities should not be considered
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Jeffrey A. Mortenson HRMG 5000 Professor Kathleen Rich-New January 26‚ 2015 Case Study One- Rio Tinto: Redesigning HR 1. Synopsis Rio Tinto‚ an international London based mining and mineral company was severely impacted by the global recession in 2008. Such an impact forced unprecedented workforce reductions worldwide and decentralized HR management had to be brought in under a single umbrella to insure an orderly and efficient system that would support the organization’s future productivity. This
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The British-Australian mining company Rio Tinto and two of its former executives have been charged for hiding losses and inflating the value of African coal assets. The company bought the Mozambique assets in 2011 for 3.7 billion and sold it later for only 50 million. Despite these charges‚ the company won’t back down and will fight the charges. This comes at a time where coal energy is colliding with new forms of energy and many companies are starting to fight to stay relevant and keep coal as the
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and many other aspects of daily life of a business. One interesting for corporate strategy planning approach has been proposed by Michael E. Porter who states that there are five forces that influence the long-term profitability of a market or some segment of it. Therefore‚ the corporation must assess their objectives and resources against these five forces driving industry competitions‚ which are described below: 1) Threat of entry of new competitors or the market segment is unattractive depending
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will eventually lead to higher returns. Rio Tinto is one such company. Rio Tinto is a successful international company in finding‚ mining and processing the earth’s mineral resources such as aluminium‚ copper‚ gold‚ diamonds‚ industrial minerals (borax‚ titanium dioxide‚ etc)‚ iron ore and energy products (coal and uranium). Rio Tinto is a combination of several subsidiaries with each subsidiary focusing on a type of product. This report will be focusing on Rio Tinto’s industrial minerals group of
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Porter’s 5 Forces Introduction The model of the Five Competitive Forces was developed by Michael E. Porter in his book „Competitive Strategy: Techniques for Analyzing Industries and Competitors“in 1980. Since that time it has become an important tool for analyzing an organizations industry structure in strategic processes. Porter’s model is based up on the insight that a corporate strategy should meet the opportunities and threats in the organizations external environment. Competitive
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PORTER’S FIVE FORCES 4 Power of Suppliers Criteria Level Effect on Power Effect on Profit Difference of Inputs High Increases Decreases Cost of Switching Suppliers High Increases Decreases Threat of Forward Integration High Increases Decreases Supplier Concentration High Increases Decreases Difference of Inputs Product differentiation within inputs in the tech industry is largely dependent on how recently the input has been developed (the extent of which it is considered
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Porter’s Five Forces Model Porter’s five forces use for; to develop a wide and detailed analysis of competitive position (especially on industry level)‚ while the determining and creating new strategies‚ planning‚ making investments or disinvestments for current or a brand new business or organization. (Businessballs‚ Michael Porter’s Five Forces Competition Theory Model‚ 2009). Porter’s five forces determined as; “Supplier Power; Differentiations of inputs‚ supplier concentration‚ importance
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Porter’s 5 Forces Analysis- Need to include one consistant example-The conclusions/improvements that can be drawn from Porter’s 5 Forces-Every force should have a fancy quote and reference Introduction Developed by Michael E. Porter‚ “Porters 5 Forces” have shaped a generation of academic research and business practice. Intense forces lead to less attractive returns on investment as can be seen in the airline textile and hotel industries. Benign forces exist in industries such as software‚ soft
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