Let’s hear your nominations for best BU for 2020. Can be from any business segment. And also the Wooden Spoon for worst.
I nominate Canada for best BU. They seem to have controlled costs well.
Worst is a crowded field but LABU is a perennial favorite with shocking results.
GOM best by far. Hot chicks and party atmosphere.
cEMREC is like Global Gas, only worse. It is a dumping ground for those drummed out of upstream or downstream. But none of them know anything about remediation!!
CEMREC
Underqualified employees, out of touch, inability to advance the company forward, poor leadership.
no one in that BU knows what they are doing, especially after the re-org.
Just a whole group of people looking to play it safe and kick the can on down the road.
MCBU - Weak fluffy AD leadership. Weak L2 Managers. Clicky, political, gossipy and fake . A true reflection of the BU leadership. What a difference a few years can make. Not a great place to work but if you need the money like I do you just put your head in a hole and do your time.
MCBU. Leaders need to understand the business and make intelligent decisions. Don’t just say break down barriers. There are not that many barriers to break!!!
MCBU. Leaders need to understand the business and make intelligent decisions. Don’t just say break down barriers. There are not that many barriers to break!!!
Don’t be surprised when RBU starts winning razzy awards for best in class for soft skills and politics too!
CEMREC CEMREC CEMREC!!!!
Comments in regards to MCBU are absolutely true. It is sad to say people got promoted for soft skills and politics.
It is a common theme that the new set of leaders since last year have stepped away from technical side and want to manage at a much higher level. This vastly reduces their effectiveness and ability to make intelligent decisions. When presented with alternatives from experts they don’t know what to do.
I was told the two big GMs were very well qualified. What’s the deal?
MCBU for sure. Don't understand why they drove out talented business and people leaders with strong skills and replaced them with ambitious people with limited skills (Central Basin is a huge asset kind of people) These people hide behind soft initiatives and avoid accountability. The VP is a joke as are many of the new RM management team who simply don't have any real technical business or leadership skills compared with the people that left. Surviving and working hard but find I need to drive myself because I am working working without the passion or commitment I felt a year ton 18 months ago.
I have to push MCBU to the front of the line for WORST. We are not controlled by production. We are controlled by the flavor of the month political correctness (aka MARC). Production is off, incompetent personnel promoted to leadership positions. It is a mess. Based on how you identify will determine if you are required to follow rules like move to Midland.
I liked how the BUs had performance factors so you could compare. LABU was the worst for almost ten years running. Great staff and hard working people, just dismal leaders wrangling crummy assets with nutso governments. No matter how terrible the plan was, they couldn’t deliver it.
Every BU is the absolute best. Which makes them all the worst.
@2wuf, I have been with the company for over 30 years and have worked with nearly all of the business units and can assure you that those two you mentioned are no where near the worse and may indeed be closer to the best in management and financial decisions. It is obvious to most readers here that you have little to no experience with with CVX or simply have an axe to grind after being reprimanded for your own poor performance, which is extremely common on this site.
Having worked for six BUs and working very closely with the others, the biggest disasters are LABU and GOM. They both make terrible investment decisions and are blind to their weaknesses. They make the same stupid mistakes again and again and imagine because their VPs spin well they must be doing well,
I’ve bopped around to 3 BUs in 2019/2020. AMBU wins on culture and progressive thinking. Unfortunately, it was too late for the BU because of JJ’s buy high, sell low strategy.
Worst BU has to be MCBU. They think they’re hot sh*t, but they’re bloated org chart is the legacy of certain L2 level leaders. They could have cut 50% and still been overstaffed. Lots of busy work to justify job existence.
I nominate Finance. Sooo many windbags.
I nominate Strategic Planning. They have never added a single iota of value that I am aware.
I always felt that Oronite had the best business culture and alignment within their different regions. You found as a result a number of long-term Oronite employees.
Marine Lubricants (the former FAMM) would be my suggestion for the Wooden Spoon. Too many minor transactions which had far too many problems which led to too much time spent generating too little revenue.
How about HQ Departments— HR, whatever CMREC is called now, and Public Affairs are easy targets...... and other Wooden Spoon nominations ?
CTC. It’s a billion dollar black hole. Just try to dig through your costs and they’ll lead you in circles until you get frustrated and go away.
I nominate CTC for last place. A terrible drain on resources. It was ghastly as ETC but so much worse now. Nobody knows what is happening. They may have to dismantle it entirely.
Which BUs tanked CVX CAPEX ? Is it LABU, MCBU, NMA? No. None has hurt so much. There are two, that kept spending money like drunken sailors, even as the market went south. Results? One got sold off. The other got employees kicked out (except for the hatchet-men). Caused wide spread Project Alpha and now Gamma lay-offs.
You guessed it : ABU and CUE. The party BUs. The BUs of the elites and hipots. One was a huge cost center with loathsome production, and the other is 54B over budget so it will never be profitable in it's lifetime, ever!
I have worked several BU's and I would say MCBU is the worst I have experienced . Fluffy senior leadership focussed mostly on soft issues at the expense of performance combined with inconsistent policy/rules, favoritism, bias and the highly, VP driven, political atmosphere make it a grind. Over the last year there has been a real erosion in commitment to competitive performance and the culture "drive to be best" which is dispiriting and demotivating for most of us mid and early career folks.
Hands down it’s NMA, followed closely by LABU.
ABU would have to be up with the worst. Gorgon continues to be only partially online and Wheatstone also had problems in 2020.
Worst BU equals CEMREC