"A leading engineer and manufacturer of high-quality, flexible pipeline products for oil and gas transportation in the susbsea production industry, " Wellstream's acquisition demonstrates a double interest by GE to both tap the deepwater drilling business and enter one of the world's most dynamic economies in the sector, Brazil.

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Transport by rail costs more than by pipeline, but routing is more flexible and can begin almost immediately.

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Flexible working arrangements and teleworking are useful in creating a pipeline of qualified women, and men, at middle-management level, but the impact is limited when it comes to boards.

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For example, a CEO may decide that the following goals are essential: Increasing products or pipeline, improving distribution channels, making cost structures flexible to cyclicality, accelerating quality improvement, and establishing market leadership in a given segment or geography.

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Company spokesman Oscar Suris said Martens' departure would not affect Ford's product pipeline, nor the firm's desire to build products in flexible manufacturing facilities.

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