For shale business to survive, employees must think like owners, orient organizational culture to the bottom line

摘要

Clearly, the cost issue is front and center. Some people say that you should never waste a good crisis, but to me, it goes beyond that. The margins have shrunk extensively, and we don't have an option but to respond. We have cut our capital program for US shale from more than $4.5 billion in FY 2013 to about $1.5 billion this year. In these slow times, it's also key that we don't forget to work with stakeholders. For example, we have stepped up our disclosure regarding how we are handling frac water and greenhouse gas. BHP Billiton has very strong positions on how to engage with our communities.