John Hess said the company has worked to shift its focus toward exploration and production as part of a multi-year strategy to boost value for its shareholders.

WSJ: Hess to sell terminal network, close refinery

My gig in the studio system ended when my boss Jane Evans encouraged me to leave my full time job in production to focus on product placement and hired me as a consultant.

FORBES: Emily Gannett Goes the Distance to Change the Ratio

Production improvement has been the focus in the oil industry as firms investing heavily on locating, drilling and completing oil wells seek to maximize their returns by improving recovery rates.

FORBES: What The Cameron Subsea Deal Could Mean For Schlumberger

But as long as it continues its narrow focus on cows and production, its outlook will continue to sour.

FORBES: How the Milk Industry Went Sour, and What Every Business Can Learn From It

The fourth unit will focus on the development and production of vehicle components such as engines and transmissions.

WSJ: Toyota Overhauls Management

This President is committed to an all-of-the-above approach in our energy development, which means increasing production here at home, a focus on natural gas and its importance for our energy future, as well as investments in clean energy.

WHITEHOUSE: Press Briefing

Had it defined itself as a nutrition provider rather than a milk producer, the dairy industry could have shifted its focus from production to marketing.

FORBES: How the Milk Industry Went Sour, and What Every Business Can Learn From It