Subject category:
Human Resource Management / Organisational Behaviour
Published by:
USC-Marshall/Lloyd Greif Center for Entrepreneurial Studies
Version: July 15, 2018
Length: 10 pages
Data source: Field research
Abstract
California Resources Corporation (CRC), a leading oil and natural gas producer in California, spun-off from Occidental Petroleum (Oxy), just as the bottom fell out of the oil market. Three years after surviving the launch, there's a growing sense that CRC needs to establish its unique culture, yet 90% of employees have Oxy roots. This case looks at the challenges of identifying culture, perceptions of its impact, and strategizing how to change it.
Locations:
Industries:
Size:
USD2 billion in copany revenues 2017
Other setting(s):
2018
About
Abstract
California Resources Corporation (CRC), a leading oil and natural gas producer in California, spun-off from Occidental Petroleum (Oxy), just as the bottom fell out of the oil market. Three years after surviving the launch, there's a growing sense that CRC needs to establish its unique culture, yet 90% of employees have Oxy roots. This case looks at the challenges of identifying culture, perceptions of its impact, and strategizing how to change it.
Settings
Locations:
Industries:
Size:
USD2 billion in copany revenues 2017
Other setting(s):
2018

