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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?


To: GPS Info who wrote (3073)8/20/2019 11:25:38 AM
From: Elroy Jetson  Read Replies (1) | Respond to of 13801
 
Each company has its own culture, partly determined by where they're headquartered.

Chevron was headquartered in San Francisco, then 90 minutes away in San Ramon, and they tend to hire people from UC Berkeley and Stanford. As a result they're probably the most liberal and deliberately ethical oil company.

Major companies, if you want to be successful, are not places where you want to lose your temper, raise your voice, express racist beliefs even after a number of drinks, or be disagreeable. The CEO of Chevron has always been "one of the nicest people I've ever worked with." Humility and great intelligence are the winning combination.

I and others at Chevron did not particularly like people at Oxy or Exxon. Although Rex Tillerson did some work making Exxon more ethical, moving from New York to Texas sill leaves them quite different to California.

There are definitely companies, particularly in some industries, where the executives are sociopaths and those are not places I'd ever want to work.

I don't have a lot of experience with BP but former CEO John Brown (Baron Browne of Madingly) largely destroyed the company by slashing their engineering staff to the point of inability and relied in financial engineering rather than good business, resulting in bad deals with Russia and the Gulf disaster.