Who You Know

Muller, Joann
July 2008
Forbes Asia;7/21/2008, Vol. 4 Issue 13, p30
The article focuses on the business strategy of Dow Chemical Co. Net income of Dow was $2.9 billion in 2007, down from $3.7 billion in 2006. To cope, Dow is slashing costs and charging customers more. Chief Executive Officer (CEO) Andrew N. Liveris started "asset-light" strategy two years ago in an effort to reposition Dow for more consistent earnings growth. Liveris is trying to break Dow out of the boom-and-bust cycle of the chemical industry, which is paying.


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