I am more worried about the company than ever! Marathon Petroleum failed In this recent round of layoffs to do what it needed to do. The company needs to get more competitive. To do so, it needs to change they way it has always done business. This message needed to be communicated alongside any layoffs, and the layoffs needed to reflect the new strategy. Post-layoffs, the company is the same company operating the same, dysfunctional way with fewer people to fill the burden created by its clunky operational strategy. Honestly, the biggest problem with the company is not empowering the components with more autonomy to respond to local conditions where they operate. There are too many bosses in Findlay which, while good intentioned, set up the sites for failure.
I believe Hennigan understands this. The problem is, a lack of diversity of thought that exists in his ranks of VPs and Directors. Hennigan will continue having trouble making the needed changes until he has some turnover in the VP and Director ranks. The two layers simply know how to do business one way, and that way will not result in Marathon being able to compete with Valero and Phillips 66.