BP – The $40billion Safety Culture Vacuum On March 23rd 2005 a huge explosion at BP’s Texas oil refinery killed 15 people and injured more than 180. Most were its own staff. The refinery had suffered safety problems before. The previous year two workers died when scalded by super-heated water that escaped from a high-pressure pipe. The British media focused on the effect of the 2005 blast: the price of oil rose by several $s a barrel. In Texas‚ however‚ the local media were outraged by ‘yet
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FUTURE TRENDS One day in the not-too-distant future‚ we will be living in an automated world that will make human life simpler. The Next-Generation home will be equipped in such a way that almost anything from lights to appliances will be control by telephone‚ infrared‚ voice‚ and remotely. The Next-Generation home will be wired to handle these simple tasks as well as controlling the thermostat on the heating/air system. Just by picking up a phone‚ you will be able to turn the exterior and interior
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in the era of privatization wherein many new private banks – the ‘new generation 02 Thought Paper tech-savvy banks’ – were launched. A few foreign banks commenced their India operations as well. All these banks were quick to leverage emerging technology‚ were competitive in wooing customers and winning them over by providing professional services. This helped infuse a sense of urgency in public sector banks and older private sector banks to mend their ways‚ which in turn completely
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of learning is heavily involved in the way newcomers to organizations learn the ropes thus‚ socialization. It is a fundamental process in organizational behaviour. Learning is relatively permanent change in behaviour that occurs as a result of persons interaction with the environment. "Learning Theory" is a discipline of organizational behaviour that attempts to explain how an organism learns. It consists of many different theories of learning‚ including instincts‚ social facilitation‚ observation
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Organizational behavior is a field of study that investigates the impact that individuals‚ groups and structures have on behavior within an organization for the purpose of applying such knowledge towards improving an organization’s effectiveness. Organizational behavior as a trait has taught lots of things which will be very useful throughout my personal and professional career. The study of Paradigm shift made me learn to come out of the old work practices followed and work on the newer and more
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CASE STUDY: ORGANISATIONAL CULTURE TRANSACT INSURANCE LTD TOTAL NUMBER OF WORDS: 4‚621‚ 17 PAGES. TABLE OF CONTENTS 1. INTRODUCTION 3 2. ORGANISATIONAL CULTURE AND CHANGE 3 2.1 Background and Definition 3 2.2 Characteristics of Culture 5 2.2.1 Observed behavioural regularities 5 2.2.2 Norms 5 2.2.3 Dominant values 5 2.2.4 Philosophy 5 2.2.5 Rules 6 2.2.6 Organisational climate 6 2.3 Dimensions of Culture 6 2.3.1 Power dimension: 6 2
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Trends in Fundraising As is the case in any industry‚ fundraising and philanthropy are continually going through new trends. These trends are spawned as 1) a response to cultural pressures‚ 2) developed freely in the minds of industry leaders‚ or 3) borrowed from other industries and adapted. Today there are two major trends and a myriad of minor applications (mini-trends)‚ that are a direct response to the major trends in donation giving. Both of these major trends are born from a response to heightened
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product cost is the cost of goods and the amount of operating expenses. What sets Trends Fashion apart from other retail locations is its unique consignor/consignee retail strategy‚ which allows them to cover the cost of obtaining the goods plus the expenses related to operating the business. The wide range of products offered by Trend requires an efficient pricing strategy in terms of pricing lines and pricing ranges. Trend is able to calculate a selling price on used clothing no matter what item it
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Competitive Environmental Trends and Business Model U7a1‚ DB8004-01 Farris McCrimmon Capella University Introduction A business model consists of four elements that create and deliver value. The four elements are customer value proposition‚ profit formula‚ key resources and key processes. . Successful business models generate cycles that are self-reinforcing and over time‚ make them operate more effectively. Casadesus-Masanell‚ & Ricart (2011) explain that companies can
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Organisational Marketing Defined: Any marketing activity that occurs between two organisations can be termed as organisational marketing. Another terminology gaining‚ popularity for organisational marketing since the 1980s is called business-to-business marketing (Gross et at.‚ 1993)‚ which essentially means the same. These activities differ from consumer marketing mainly due to the fact that in consumer marketing‚ the interaction is between organisations and individual consumers. However‚ the
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