Subject category:
Strategy and General Management
Published by:
Harvard Business Publishing
Version: 24 February 1999
Length: 8 pages
Data source: Field research
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Abstract
Concerned that Citgo investments are not yielding sufficient returns, PDVSA constrains Citgo management's autonomy, leading to Citgo senior management turnover. The case closes with Citgo's new CEO reflecting on what he needs to do to align Citgo's strategy and operations with PDVSA's strategy and organizational needs.
Locations:
Industry:
Size:
USD13 billion revenues
Other setting(s):
1992-1997
About
Abstract
Concerned that Citgo investments are not yielding sufficient returns, PDVSA constrains Citgo management's autonomy, leading to Citgo senior management turnover. The case closes with Citgo's new CEO reflecting on what he needs to do to align Citgo's strategy and operations with PDVSA's strategy and organizational needs.
Settings
Locations:
Industry:
Size:
USD13 billion revenues
Other setting(s):
1992-1997