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Assignment:
Read George Mitchell and the Shale Revolution Case from your Harvard Business course pack. Answer the following questions, in case memo format. How would you characterize the oil and gas business in the 1970s when Mitchell energy was a fledgling company? Would the characterization be different if you were to take the perspective of an independent versus a major? What are the crucial decisions that George Mitchell made fairly early on in establishing Mitchell Energy that might have set the stage for the success he was able to deliver? How did George Mitchell, and later some of his senior staff, help address the four hurdles to blue ocean thinking (cognitive, motivational, resources, and political?) What lesson can you draw about implementing innovation from the experience of Mitchell Energy and George Mitchell?
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