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Transformation and Growth in Oil Services Industry
The chapter features a discussion with the president and CEO of Weatherford, a company in the oil services industry that experienced a notable turnaround post-bankruptcy. They discuss moving from good to great, focusing on value creation, successful mergers and acquisitions, and differentiation in services. The conversation also explores the global outlook for electric vehicles, including projections on sales growth, the role of plug-in hybrids, and the anticipated upfront price parity with internal combustion engine vehicles in the US market.