John Watson, former chairman and CEO of Chevron, discusses finding new challenges in the same company.
- You've been at the company for 35 years.…That's pretty unusual these days.…Do you think it's a mistake…that so many people change jobs so often?…Would you encourage them to go on the path you went on,…which is solidarity for one company for a long time?…- Well, every industry has…a little bit of a different characteristic.…We're a very long cycle time business.…We're making bets of five, 10, 20, 50 years,…the Gorgon project in Australia, 50 year life.…You want people to be invested in the company.…You don't want people just making their decisions…on what's happening today.…And so, we think having a long-term employment model,…which we do, is very consistent…with the cycle times in our business.…
I think it's a missed opportunity for some companies…to not try to retain their workforce…and keep them stimulated over time.…If you have to leave a company…in order to get a new challenge,…I think that's really a sad statement.…It can happen, but in my company,…I never thought I'd stay with Chevron 35 years,…but every time I thought, well, gee,…
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