Thread regarding ConocoPhillips layoffs

Planning and Growth Chaos

If you want a feel for the future of the company, consider:

The company is on its 3rd VP of BD, 3rd VP of planning, and 3rd economics manager in three years. This churn is a bellwether of lack of simple planning intelligence, lack of successful growth plans, and lack of understanding about value creation. These guys are all now Brits.

The people in charge of exploration are the same ones who lied about deepwater and committed the company to the drillships. Exploration is also headed by a Brit.

The decision manager is a Brit.

Look at the historical financial trend, expecially production, for the company's operations in the UK.

Concluding, the inmates have taken over the asylum, but they like to analyze and convince lessors with their accents.

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| 1952 views | | 8 replies (last February 6, 2017) | Reply
Post ID: @OP+LDFQuMK

8 replies (most recent on top)

Agreed! "Candor." Bahahaha!

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Post ID: @5jzw+LDFQuMK

It is not so much a problem with Brits per se; the problem in COP is the culture where managers promote in their own image and they promote "yes men/women". This appears to be the case in Exploration hence the horrible results. COP management can keep using buzz words like "Candor" and "Inclusion" but their actions do not support their silly initiatives.

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Post ID: @4qzu+LDFQuMK

What the problem with "Brits?"

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Post ID: @3atk+LDFQuMK

& brits got COP into nova scotia

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Post ID: @3zev+LDFQuMK

Don't see how having British folks is a problem, but I do agree that their is poor planning and no strategy at the highest echelons. Company will slowly liquidate itself as it circles ever more closely to the drain. None of the executives care, as long as their pockets continue to be lined. Even then I don't think they care too much -they don't really need any more money anyway.

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Post ID: @2lmd+LDFQuMK

Ha ha, love this post-it is so true! Time for a tea party!

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Post ID: @1atv+LDFQuMK

The Brits really are a sad story. Seriously what do these jokers do? I worked with one who used to think it was a joke that projects needed to be economic, and he was mid level supervisor.... send them back to the UK so when the hatchet lady finally sends the UK BU off into the COP sunset they all go down with it. Cancers need to be cut out before they spread and the Brit cancer has spread too far.

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Post ID: @eiw+LDFQuMK

Need to drain the swamp-TRUMP

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Post ID: @sbt+LDFQuMK

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