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Supplement
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Reference no. 9-899-221
Published by: Harvard Business Publishing
Originally published in: 1999
Version: 24 February 1999
Length: 8 pages
Data source: Field research

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:
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:
Size:
USD13 billion revenues
Other setting(s):
1992-1997

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