Leading and managing
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Abstract
When those masters of business redesign, McKinsey and Co., went to see John Prescott about shuffling the management structure of BHP, Australia's largest company, they took with them models of the way the best in the world run shows. But the McKinsey team never got to strut its stuff. Instead, Prescott showed them what he wanted to do and the McKinsey team left knowing they might have a radical new model to show prospective clients. Yesterday Prescott lifted the curtain on BHP's new shape, unveiling structural change of an unprecedented dimension, at the same time anointing a new generation of senior managers, giving them the opportunity to stake their claims on his office. From today, BHP will take on what is, in Australian business at least, a unique configuration, with the greatest oddity being the holy trinity which now tops the management tree.