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Mar12
Halliburton Headquarters Head to Dubai

Halliburton goes where the money and action is, and they’re moving again. NPR this morning announced that Halliburton’s US headquarters are moving to Dubai.


The reasons they offered: “Dubai is like Los Vegas on steroids.”  It’s alive – executives see opportunity everwhere there, and taxes are nil.
halliburton_03.jpg
Not long ago I was invited to write a feature article about brain based problem solving approaches for Capital - a glossy leadership magazine in Dubai, and it caused me to take another look at that city’s brains and wealth.

Halliburton, run by Dick Cheney from 1995 to 2000, was accused in the US of exploiting its privileged status. One division of their company overcharged the government by as much as $61 million dollars in the transaction of buying and transporting fuel from Kuwait into Iraq. Halliburton denied any wrongdoing. 

This new move brings 2 questions to mind:

1. Is Halliburton’s re-location a serious sign of US brain drain?
2. Is it true that Americans became "too mature" for innovative business deals?

Both these questions should concern those of us who are concerned about the lack of innovative competition currently fostered in our areas. If that is so, and if we are falling behin creatively,  Halliburton may simply be the barometer for a larger problem.

Have we slipped into a bigger problem, one that needs an immediate solution if we are to prosper against those who really are moving forward? What do you think?

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