Rio Tinto start-up team to shape future growth – by Luke Housego (Australian Financial Review – March 10, 2019)

Rio Tinto chief executive Jean-Sébastien Jacques says a new internal start-up team that will work across the group’s operations will help shape how the resources giant looks in the decades to come.

“We’ve been around for 137 years – I have no doubt in my mind that the Rio you will experience in 10 or 20 years from now will be very different from the Rio today,” Mr Jacques said.

“Because I’m an old-timer from that perspective – what resonates with me I know will not resonate with my daughters or resonate with the next generation of people who run Rio Tinto.”

The team of six people, who will be based in Brisbane, will officially open for business on Monday. They will be able to roam across Rio’s operations to make improvements, with Mr Jacques saying the company is open to looking to all possibilities about where it might head in the future.

“The logic is to say if I ask the traditional people to give me what Rio Tinto should look like in 10 years or 20 years from now we [are] going to get the wrong answer. So what we said was, why don’t we find five or six people from all over the company to say give us some indication of what a successful Rio Tinto should like 20 years from now.

For the rest of this article: