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The quote comes from South32 CEO Graham Kerr, one of the 15 key players in the mining industry sharing their insights with the Energy &Minerals Institute at The University of Western Australia and corporate strategist VCI.
Those insights form the backbone of the CEO Insights – Mining 2016 report, which is available for purchase through MiningMonthly.com.
Beside Kerr, other mining leaders interviewed were Rio Tinto Iron Ore CEO Andrew Harding; MMG CEO Andrew Michelmore; Roy Hill CEO Barry Fitzgerald; Antofagasta Minerals CEO Diego Hernandez; former Hismelt Corp managing director Duncan Price; former Toro Energy chair Erica Smyth; Newmont Mining Corp CEO Gary Goldberg; Peabody Energy CEO Glenn Kellow; former BHP Iron Ore president Jimmy Wilson; former Ok Tedi Mining managing director Keith Faulkner; Rio Tinto director Megan Clark; Consolidated Minerals managing director Paul Muller; Dundee Precious Metals CEO Rick Howes; and International Council of Mining and Metals CEO Tom Butler.
There are only 200 individually-numbered copies of the report. A preview of it can be found here.
It touches on a raft of topics including the role of the CEO in making innovation flourish; the challenges of managing top down and bottom up innovation in large and small companies; how to manage innovation across different business cycles; and how mining companies and their suppliers have to work together to grow value rather than just focus on squeezing costs.
The report is a product of the Innovation:State of Play platform.