BP after Horton
Article Abstract:
British Petroleum is floundering as a result of its inconsistent planning. BP made an unwise shift away from its US operations, instead emphasizing high-risk petroleum exploration in the North Sea. Horton made several poor decisions, such as downsizing BP's middle management.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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Big problems: British Petroleum
Article Abstract:
BP's poor financial performance in 1991 will result in more cost-cutting and layoffs by the petroleum company. Cost-cutting has resulted in the loss of chairman Robert Horton's 'Project 1990.' The program was meant to stimulate employee participation and morale.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 1992
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A touch of refinement
Article Abstract:
Russian oil firm TNK's Chief Exec Simon Kukes plans to recruit up to 35 western middle managers to help change the corporate culture. Kukes wants managers who can make their own decisions and take risks.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
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