Knowledge Center: Video
Culture: The fuel that rocketed Dynegy back into the power eliteSubscribe to Culture Shaping 3/22/2016 Nick Neuhausel
A Houston energy powerhouse in the 1990s, Dynegy ran into significant financial and leadership challenges that pushed it into bankruptcy in 2011. Just two days after the company emerged from bankruptcy court, the new CEO Robert Flexon unveiled a cultural overhaul that became an important pillar of its successful strategy to create a fast-growing, agile company with people reenergized by a One Team, One Goal strategy.
In this interview, Flexon describes how the culture-shaping work has been a critical foundation to creating the winning mind-set that has propelled threefold growth, enhanced talent attraction and retention, and built a long-term sustainable portfolio with revenues of $5.5 billion.