A bevy of Royal Dutch Shell’s top clean energy executives picked up and resigned from the energy giant. They quit shortly before Shell was scheduled to announce its forward clean energy strategy. The financial press intimated that these executives left because the oil giant was moving too slowly to distance itself from its legacy oil and gas businesses. More resignations were supposedly on the way. We are not privy to inside information regarding these highly publicized departures but we are not totally surprised either. We’ve seen these dynamics before. As large corporations attempt change—for whatever reason— this change manifests itself in the allocation of investment resources (money) between competing divisions. In a conglomerate all business units compete and capital is allocated to the highest returning businesses. During periods of transition like oil companies are presently experiencing, it becomes increasingly difficult to know which businesses and assets are preferable over […]