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"The thing we don't do well, and we would be better prepared if we improved in this area, is collaboration," he told Mining Journal.
The 56-year-old is one of the leading mining executives interviewed for the "Mining Journal Global Leadership Report: Preparing for transformation" being published this month.
"We still very much row our own boats," he explained.
"But the speed at which collaboration can propel you when done properly is extraordinary.
"We are just not taking advantage of that as an industry."
The Australian-based gold and copper miner is in its "second phase of transformation", Biswas explained.
He also outlined where the company was incorporating collaboration as part of its transformation process.
He was appointed his current roles in July 2014.
This is based on an interview with Newcrest Mining CEO and managing director Sandeep Biswas as part of the ‘Mining Journal Global Leadership Report: Preparing for transformation', which will be published in late June. The report features around 20 in-depth interviews with the industry's leading mining executives and the results of our industry-wide survey focused on transformational influences (technology, stakeholder engagement etc) and the readiness of mining leaders to meet these challenges.
