Chevron reviews

Chevron's problems come from the executive level. They have no vision or plan, but merely are looking to meet short-term investor expectations. It's all about trying to make money with the familiar base business in the most frugal way possible. A few problems include: (1) Large-scale capital projects are never as successful as desired, (2) there's no growth strategy aside from gobbling up competitors, and (3) with the focus on short-term profits, the alternative energy work and research that could constitute a future vision ends up going nowhere. It isn't entirely just greenwashing, but it's definitely nowhere near as important as investor dividends. Finally, Chevron's new ENGINE project - an engineering call center in Bangalore - will probably make a long-term engineering job with Chevron unstable and financially unrewarding for domestic US employees. Expect chronic layoffs as ENGINE expands.

- Out-dated talent management practices. They still use personnel development committees to pay and rank people, which can lead to great inefficiencies (days upon days spent going over ratings and it leads to a highly political environment while also making employees feel undervalued). It's also so slow that employees don't get rankings and pay increases until many months after the fact. Advice - quickly adopt a more nimble and innovative talent management system. The PMP process is too out-dated and younger employees will not have the patience for this kind of system. - Decision-making can be painfully slow with snaking, meetings before meetings, and circling back with stakeholders to a seemingly endless degree. Make a decision and go execute--fail fast if need be. There is such an aversion to risk that it can become mind numbing at times. Again, the younger workforce will not stick around and they are used to and expect a far faster pace. - There is a committee looking at how to to become faster and more nimble...that alone is telling. There are committees for literally everything that circle around with little impact and many people on these committees feel they need to critique things for the sake of saying they made a contribution to the committee.