‘Oil Titan’

Also, while critics voice against Exxon’s attitude, they forget that it was Exxon who’d initiated research in solar energy (which it also dropped!) in the wake of the 1970s oil shock and has many patents even today, including an ongoing $100 million funding of an alternative energy project at Stanford, a carbon-capture project tie-up with EU et al – facts unknown to many!

Hence, while ‘oil titans’ should not be forced to jump into the bio-fuel well, they should (at the same time) be penalized heavily for creating ecological imbalances, spills & pollution as well as incentivised for earth-saving initiatives. This way, the Earth will make sense even for the insanely esurient shareholders.


B&E,4ps & IIPM Publication

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2007

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative

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Kindler does shuffling act!

Jeffrey Kindler, Pfizer’s Chief Executive Officer has announced a turnaround in its leadership positions to re-arrange the drug company, struggling with augmented competition and the loss of exclusivity rights. Two key functions, Research and Finance, are the targetted two blocks. 57-year-old John LaMattina, the research and development chief of the company for a long time, and 45-year-old Alan Levin, the short-time chief financial officer will be retiring soon as a new replacement (rather successor) is found out. All these steps are a consequence of Kindler’s strategies to ‘transform’ Pfizer into a leaner, more productive company.

For Complete IIPM Article, Click on IIPM Article

Source: IIPM Editorial, 2006

An IIPM and Management Guru Prof. Arindam Chaudhuri's Initiative