Luis Giusti and the Transformation of Petroleos de Venezuela S.A. Harvard Case Solution & Analysis

Set in Venezuela in 1997, this case describes the tremendous efforts and leadership changes needed to transform state-owned oil company from a bureaucratic behemoth to Surefooted competitor on the world market. Even before 1994, when he was appointed president of Venezuela, to lead the company, Luis Giusti actively creating an agenda for change, as he has built a team and a network of relationships. By mid-1997, he was successful in radically change national policies, alliances with major companies in the world, and the creation of a significant momentum for inner change. The case chronicles these events and asked: "Where is he now?" "Hide
by Anne Donnellon Source: Babson College 16 pages. Publication Date: September 7, 1999. Prod. #: BAB022-PDF-ENG

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