Day: May 6, 2020

Staying ahead in Latin America’s turbulent oil and gas market

The Inside the Mind of the CEO interview series explores a wide range of critical decisions faced by chief executives around the world. For more insight, see PwC’s CEO Survey.

In 2015, Felipe Bayón was on a short list of candidates for the top job at Ecopetrol, Colombia’s state-owned oil and gas company, which was losing money after a collapse in oil prices. But the board named as CEO Juan Carlos Echeverry, a former finance minister, and tasked him with returning Colombia’s biggest company to profitability. One of his first moves was to hire Bayón, a veteran of BP who had recently led that company’s International Deepwater Response.

While Echeverry slashed spending and restructured the balance sheet, Bayón professionalized the company’s workforce. Under their watch, Ecopetrol lowered its costs of production by more than 30 percent, introduced new technology, and by 2017 was once again profitable. Echeverry stepped down,

Read more

Staying ahead in Latin America’s turbulent oil and gas market

The Inside the Mind of the CEO interview series explores a wide range of critical decisions faced by chief executives around the world. For more insight, see PwC’s CEO Survey.

In 2015, Felipe Bayón was on a short list of candidates for the top job at Ecopetrol, Colombia’s state-owned oil and gas company, which was losing money after a collapse in oil prices. But the board named as CEO Juan Carlos Echeverry, a former finance minister, and tasked him with returning Colombia’s biggest company to profitability. One of his first moves was to hire Bayón, a veteran of BP who had recently led that company’s International Deepwater Response.

While Echeverry slashed spending and restructured the balance sheet, Bayón professionalized the company’s workforce. Under their watch, Ecopetrol lowered its costs of production by more than 30 percent, introduced new technology, and by 2017 was once again profitable. Echeverry stepped down,

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How to Network in the New Normal


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Opinions expressed by Entrepreneur contributors are their own.


As businesses and entrepreneurs quickly transition from face-to-face interactions to digital, the way we network has completely changed. Instead of meeting people at in-person events or venues, entrepreneurs are now needing to adapt to digital networking.

Related: Free Webinar — Networking in the New Normal

Ivan Misner is the author of Networking Like a Pro and the founder and chairman of BNI. In a previous webinar, Misner explained how you and your business can continue to network effectively in the new normal. Today, he’s following up with a Q&A video, taking on questions from our audience to clear the air on a few important topics.

Related: Focus on Networking With People Who Are Engines, Not Anchors

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