FT Interview: Maxim Barsky
The FT has published its interview with Maxim Barsky, who joined TNK-BP last year to take up what Robert Dudley called ‘the most difficult job in the world‘, tasked with the challenge of reducing the company’s bureaucracy and refreshing the management structure. But he hasn’t had much luck. His story illustrates TNK-BP shareholders’ close and persistent involvement in company decisions, and suggests that they either revolutionize management, or sacrifice clarity on broader business aims.
Mr Barsky believes the management structure needs to change. Until now, the model was based on equal representation of shareholders not just on the board but also in the management. The result is “lots of inefficiencies and bureaucracies”.