British Petroleum In Russia Introduction BP International Oil and Gas Company is one of the world’s leading international oil and gas companies. Provide customers with fuel for transportation‚ energy for heat and light‚ lubricants to keep engines moving‚ and the petrochemicals products used to make everyday items as diverse as paints‚ clothes and packaging. Key facts Around 80 countries of operation Employees 90.000 The Economic value $403.3 billion Operating cash flow $21.1 billion Barrells
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Factors that impact on and influence the organisation The business environment is often an uncertain one‚ where managers are faced with many factors that impact on and influence the organisation. The micro-environment includes suppliers‚ customers and stakeholders‚ all of which influence the organisation directly. The macro-environment‚ however‚ includes factors that influence the organisation but are out of its direct control. The micro-environment is often determined by the industry the
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Berge‚ Andrea MGMT 485W Spring 2013 Case Study: TNK-BP (Russia) INTRODUCTION “This case portrays the highly uncertain scenario facing BP in Russia at the end of 2007. In the midst of unraveling relations with its cooperative partner and undesirable host government practices‚ ideal strategic conditions are implausible. In order to maximize outcomes under such imperfect circumstances‚ BP ’s senior management needs to fully assess the situational risks‚ understand the dynamics and motivations
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Operational Planning What is it? The organisation has an operational plan that clearly states the actions to implement goals and strategies identified in the strategic plan. Your organisation has completed the strategic planning process. An operational plan details the actions required to implement each strategy‚ assigning responsibilities‚ setting timeframes‚ identifying resources required and indicating what difference the specific actions will make. When developing your operational
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Planning Strategic Organisational Change Assignment For this assignment I will be looking at the recent organisational restructure which took place in our work place. Having a background in senior management for over 20 years I have always viewed this sector with continual improvement as a key to stay one step ahead and in the words of Isaac Asimov “The only constant is change‚ continuing change‚ inevitable change‚ that is the dominant factor in society today. No sensible decision can be made any
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BP Crises Law/531 October 1‚ 2012 The Deepwater Horizon disaster attributed to BP‚ a multinational oil and gas company‚ occurred in 2010 dumping massive amounts of oil in the waters on the gulf coast. The BP is headquartered in London with operations in 80 countries with the largest being in the United States. Team B participated in a simulation that presented a similar scenario as the oil spill mentioned. The company in the
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Strategic Planning Wissam AlHussaini‚ PhD ! Outline ! What is Strategy? ! Strategic Planning Process ! Environment Analysis ! Setting Objectives Thinking Strategically: The Three Big Strategic Questions 1. What’s the organization’s present situation? 2. Where does the organization need to go from here? 2. Markets to be in ! Stakeholders’ needs and groups to serve ! Direction to head 3. How should it get there? ! An organization’s answer to will we get there? how is its strategy
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A Mother’s Influence Have you ever wondered why a baby seems to prefer the touch and comfort of his mother over that of his father? New research topics are concerned with the differences in maternal relationships with children opposed to paternal ones. The possibility of an acquired preference for the touch and comfort of a baby’s mother than that of their father has been suggested. Parent-infant attachment bonds begin to form after birth and an intense bond formulates with caregivers. The caregivers
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equally important because most organisational activity comprises the day-to-day activities within the operations function. It’s the process of daily actions of operations‚ when considered in their totality that constitute the organisation’s long-term strategic direction. The relationship between an organisation’s strategy and the operations involved is a key determinant of its ability to achieve long-term success
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negotiating with BP on the merger issue. Based on Amoco’s stand-alone valuation‚ it was reasonable to estimate $47 million enterprise value and $41.5 million equity value‚ with a walking-away exchange ratio 0.54. Then adding synergy‚ it reached an opening exchange ratio 0.72. Through further negotiation with BP‚ both parties reached a conclusion on certain level synergy distribution and agreed to close the deal at an exchange ratio of 0.65. The merger of Amoco and BP had strategic significance. As
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