June 1998

Trends and Resources

HP Impact: HPImpact: Management can take steps to ensure HPI's future is robust, says study

Many energy companies have recently focused on sustaining competitiveness through improving operational effectiveness and cutting costs. According to a study by Arthur D. Little, in this process, "sen..

Weirauch, Wendy, Hydrocarbon Processing Staff

Many energy companies have recently focused on sustaining competitiveness through improving operational effectiveness and cutting costs. According to a study by Arthur D. Little, in this process, "senior leadership has run the risk of developing a bunker mentality." The upper echelons' intense corporate focus on protecting "what they have today and what they need next quarter" has drained energy from the task of envisioning the future and growing the business, says the report. Additional key highlights from the analysis follow. Looking forward, it isn't difficult to believe that the world economy is at the beginning of a long period of growth based on the rapid introduction

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