Chemicals, cars, Man Utd: has Jim Ratcliffe's Ineos got the formula wrong?
Briefly

Sir Jim Ratcliffe, a billionaire chemicals magnate, is known for his unconventional approach to entrepreneurship, captured in his 'Ineos Compass,' which contrasts preferred values like creativity and strong work ethic against disfavored concepts such as politics and loss. Ratcliffe rose to prominence by building Ineos, a chemicals conglomerate stemming from a single refinery acquisition in 1998, over the years garnering returns higher than general market levels. Although successful, the company’s complex structure of around 30 subsidiaries suggests a careful balancing act between robust and struggling areas, indicative of Ratcliffe's intricate management strategy.
Sir Jim Ratcliffe's success is rooted in acquiring undervalued assets, continuously innovating, and maintaining a unique corporate culture epitomized by the Ineos Compass.
The Ineos Compass illustrates Ratcliffe's principles, contrasting his preferences for creativity and results with aversions to politics and financial losses.
Read at www.theguardian.com
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