When Sir John, Sloan '81, returned to campus March 6 to accept the Ernest C. Arbuckle Award, the Business School's highest honor, former dean Michael Spence noted that as BP's leader for six years, Browne had transformed the company into the world's second largest gas and oil company, tripling its stock price and twice reporting the largest quarterly profit ever by any company in any industry. Knighted by Queen Elizabeth II in 1998, Sir John introduced technology that allowed better mapping of oil and gas resources and led BP's mega-mergers with Amoco and Arco. Browne also has been devoted to the School, where he has served on the Advisory Council, talked with the Sloan class every year, and participated the launch of the School's first global management course by allowing BP to be the subject of three of its first case studies. During his Arbuckle speech, Sir John reflected on lessons he learned at the School and through 10 years of work experience in the United States. That optimism was useful, he said, when thinking about environmental problems.
Denial is the wrong response, but so too is despair.
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