This company still has fantastic people within. In my opinion, the problems are becoming more and apparent to come from a "locked" management team. Decision making roles have been given to overly analytical people at the expense of a more adhoc population. The answer is that we need both types in the company but we have too many "process thinkers only" people that want to put color in a spreadsheet. 60% of the management teams reporting to ex presidents and above need to go/transferred. In addition too many at that level have lost faith and have realized that they can only comply (nothing will change) and do not want to challenge the system. We have way too many older guys that can protect their jobs and do the minimum (at VP, and President levels) find a new job, and way too many younger or too younger process driven only that push paper but cannot actually deliver. This is a sclerosis.
I believe PK is trying to eliminate that but generally he gets the opposite effect of what he asked for, which says a lot about his leadership and overall respect from his reports and generally the SLB population.
It seems to me that the people that have passion and the energy simply need to increase their presence by actually displacing the other guys, in by passing the system and showing progress.
If you have no passion, you have no business being in a leader position. And in the past 5 years I have not seen much passion.