A Study of BP and its Stakeholders in Nigeria Research Paper

A Study of BP and its Stakeholders in Nigeria - Research Paper Example BP has got much different kind of brands under its product portfolio. Each of BP brand has got its own personality and heritage but have one common thing in them which is that all the brands symbolizes, embodies and also provides tremendous energy. Some of the most top ranked brands of BP includes, ARAL one of the trusted brand in Germany; ARCO which tends to bring in low cost fuels and cleaner in the west coast of US; Castrol which is the world’s top oil for motors and also a specialist lubricants oil; ampm which is a convenience shop brand and Wild Bean Cafe. BP work includes exploration of oil and gas, extraction, moving those extracted oil and gas, making products and fuels out of the gas and oil and finally sells the products and the fuels. BP in the process of its exploration and extraction generates low carbon energy. It has been investing in new ways to provide energy from wind businesses and innovative solar to advanced bio fuels to energy technologies. BP tends to wo rk in ways which would benefit the society, communities and the habitats. The company strives to become the safety leader in its industry, corporate citizen, world class operator and at the same time great employer. BP is working to enhance the safety measures and risk management and earn back the trust and grow value (BP, 2012). Chapter 2 A Brief Organizational and Historical Background History BP history lies from way back in 1908 and since then B has been largely associated with discoveries whether large or small which have contributed into the progress of the company. From an Anglo Persian oil company BP has managed to become the global Oil and Gas Company. In the year 1917 the Anglo Persian Oil company bought BP which was a subsidiary of German company, in order to get its product to the customers across UK. Thus 1917 marked the brand name of BP. In 1920 BP got its official name and logo which was designed by AR Saunders from the purchasing department. 1932 was marked as an ico nic year for B as it has entered the advertisement world and designed advertisement for BP Plus, BP Ethyl and BP Super. In 1961 after the post war, BP had won Academy Award for a short documentary. 1965 BP started giving service with a smurf. Few years later BP extended its product portfolio and included food for poultry, dogs and fish. It became the largest supplier of animal food in North America. In 1988, BP buys Bristol and it became the first ever company to acknowledge potential risk of global warming in the year 1997. Year 2009 marked 100 years for BP and today BP is applying the same dedication towards its work towards challenges and opportunities in the 21st century (BP-b, 2012). Business Review As per the BP Energy Outlook 2030, the world is in the form of transition into a lower carbon energy mix. Thus BP needs to supply oil and gas to meet the demands. In the year 2011, the company invested $1.6billion in the energy business and the total investment made since 2005 amoun ted to about $6.6 million. BP is trying to meet its commitment and is moving forward. 2012 is said to be a year of milestone with high financial expected in the financial year 2013 and 2014 (BP-a, 2011, p.9).

Defining perfomance measures in Saudi Aramco Medical Services Essay

Defining perfomance measures in Saudi Aramco Medical Services Organization - Essay Example Action Plan 18 Saudi Aramco 18 5.2. Gantt Chart of the Action Plan 19 6.Analysis and Recommendations 20 Conclusion 23 Works Cited 24 Introduction The performance measures of an organization quantitatively display the important facets of the products and/or services rendered by the organization to its customer(s). Performance measures of an organization are one of the effective tools to identify its role and importance in the marketplace. Moreover, the process also helps the organization to recognize its present performance, customer satisfaction level to identify the prospects of achievement of the organizational objectives. Furthermore, performance measurement is a statistical control of the organization which initiates future initiatives for developing the products/services for its customers. Hence, it can be affirmed that measuring the performances of an organization fundamentally concentrates on the process of collecting and accounting the information about the productivity of it s workforce along with the quality of services rendered (â€Å"What are Performance Measures†). The performance measures of an organization should classify the risks to be determined by the process along with the information source and required time for the measurement. Subsequently, all measurements should be accomplished in an objective-oriented way being convenient to reduce outside influences over the employee performances. This particular strategy is quite likely to motivate the usage of more efficient cost effective methods towards augmenting the productivity of the overall organization (â€Å"Performance Measures†). Thesis Statement The paper intends to focus on the performance measures of Saudi Aramco Medical Service Organization (SAMSO). The paper also reflects the organizational profile with its various values, mission and vision. Moreover, the study also intends to highlight the key strategies and accomplishments with regard to develop suggestions for the en hancement of the performance of SAMSO. With this concern, the detail organizational profile has been discussed along with its value, mission and vision statements. The performance measurement method and the key strategies of SAMSO have also been critically analyzed with rational recommendations throughout the study of the paper. 1. Organization Profile a. Name of the Organisation SAMSO is a multifaceted medical service provider which is operated as a privately owned health-care division that serves the large number of Saudi Aramco Global Oil Enterprise’s employees (around 54000) and their families (â€Å"Corporate Citizenship Report 2010†). b. Operations of the Organization Saudi Aramco commenced its medical hospitality unit in the year 1933 and constructed its first separate health-care center in Dhahran in 1955 known as ‘Dhahran Health Centre’. In the present day context, Saudi Aramco operates to serve as one of the modernized health service providing or ganizations among the Middle East Countries. The health care unit of the organization provides its services throughout the city of Dhahran as well as other neighboring cities of the Eastern Saudi Arabia region (Al-Ghamdi). c. Number of Employees of the Organization Currently the organization provides its health-care service with the assistance of around 7334 employees (â€Å"Corporate Citizenship Report 2010†). d. Department My department is the Medical Support Services Department in SAMSO of which Medical Patient Processing & Records Division is part of. SAMSO operates with a total of five