Infecting Chemical Corporations with the LBO Virus

The LBO approach offers a fresh alternative to the traditional modus operand for chemical corporations. Managers we interviewed talked of emotional highs and the excitement of LBO fever when released from corporate bureaucracy. Others spoke of a massive cultural change, an acceptance that there are no excuses, and a sense that failure is not an option. 

Of course, the approach taken will vary from company to company, and will depend on the nature of the portfoHo and the attitudes of the CEO and CFO toward risk and unfamihar financial structures. The capabilities required and the reactions of stock markets are also Hkely to be very different for each option. 

---