Preview

Conducting a Strategic Management Project

Powerful Essays
Open Document
Open Document
2793 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Conducting a Strategic Management Project
assignment

Conducting a strategic management project
COMPANY: SHELL

Introduction
Shell is one of the world 's leading energy group and petrochemicals companies. It has around102000 employees in more than 100 countries. The objectives of the Shell Group are to engage efficiently, responsibly and profitably in oil, oil products, gas, chemicals and other selected businesses and to participate in the search for and development of other sources of energy to meet evolving customer needs and the world 's growing demand for energy.

Mission Statement
Shell 's innovative approach ensures that they are ready to tackle the challenges of new energy futures.

1.1 Topic of investigation having a strategic implication.
This report explains the team buildings and teams work in Shell and development of its research work progress within the organization. It also presents suitable analysis of the project management and planning, advisory and project implementation of work.
In this report, positive results of theories and its test showed that effective teamwork can lead to a success and achieving critical goals of Shell. It may also be able to gain the sustainability of competitiveness.
Moreover, study explains that how team performance can be improved through leadership with project planning to face the upcoming challenges in modern era of business environment Shell operates in.

1.2 The aim, scope and objectives of the project. • How can we improve Shell 's research study about lubes oil? • What strategy we should adapt for improving Shell 's research? • How and effective team force can be made for this purpose?
The aim of the project is to achieve such team management, technology and resources that meet the new emerging energy challenges. Shell need to adapt such management strategies which will make a strong workforce with experienced and skilful team members. Shell wants to be recognised as a great company-competitive successfully and a force for

You May Also Find These Documents Helpful

  • Good Essays

    Case 3 Risk Management

    • 1053 Words
    • 5 Pages

    The essential of having a successful project management team is very important. Having strategic risk management techniques is essential. When planning a project team, it is sometimes strongly advised to think in a futuristic mindset by thinking of the “what if’s” how do’s, how comes, and planning out all the possible risks. There may be various explanations of the project team failures, including poor communication among the team, misconstruing of its shared facts, and unclear and uncertain positions. Also the roles and responsibilities of the team members. (Fottler, Kloppenborg, McAfee, & Nkomo, 2012). Without a clear sense of communication as well as instructions between the project team, it is virtually impossible to have a successful clear-minded team. Without clear sharing of information among the project team, there lies an opportunity for misinterpretation, and spreading false information. In additional…

    • 1053 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Chevron Analysis

    • 4464 Words
    • 18 Pages

    Chevron is a world-renowned company that is a leader in the development of energy resources that help drive human progression. The ability to meet the needs of ever-expanding energy consumption is what makes Chevron an innovative and market leading company. When people think of Chevron many think of “Big Oil”, when in fact, its business strategy is very complex and entails:…

    • 4464 Words
    • 18 Pages
    Powerful Essays
  • Good Essays

    Good to Great

    • 1045 Words
    • 5 Pages

    Tulsa, Oklahoma has been named the oil capital for the nation and the world for quite awhile and is a perfect place to study the energy industry. The University of Tulsa College of Business established The TU Energy Management program in September 2006 and started accepting students in the fall of 2007. The first graduating class to obtain the Energy Management major was comprised of only two students in December 2008 and May 2009. The program today is able to maintain disciplined and competitive students by having an application process but more importantly limiting up to thirty students per academic year. The TU Energy Management Program can easily be applied as a “Hedgehog Concept”. The “hedgehog concept” refers to a parable of a hedgehog and a fox, where the fox knows many things, but the hedgehog knows one big thing. “Hedgehogs” by and large built the good to great companies, which means that they were able to focus on one big important thing that made their companies great. Energy management is excelling by being able to maintain the main ideals set from the beginning. Also, the “flywheel and doom loop” concepts can be related to both the good to great companies but more importantly the energy management program. These two concepts can represent positive and negative momentum. The “flywheel” concept is when the program has everything in place, lots of hard work slowly but steadily forced the companies going faster and faster, with a lot of momentum. And the “doom loop” concept is when times have changed and a hard decision is needed to be made to keep the program going in a forward direction. It is always important to know where the program has been and the direction the program is heading to keep the success going.…

    • 1045 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Historically, in world of business, it is recognized that corporate strategic planning, including project selection, lies on the efforts of executive managers. Project planning and execution on the other hand are done by project managers (Milosevic & Srivannaboon 2006). However, opinion are gaining grounds among scholars that such approach causes disconnection between the strategy and project, and is strongly related with the poor growth in project performances of the past ten years (Standish, 1994-2004; Thiry 2005; Ginevri & Beraha 2006).…

    • 4544 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    “A team is a group of people working together for a common goal. Teams should not be confused with groups. A team shares responsibility, authority, and resources to achieve their collective mission” (Barkley, p.144). Project planning in teams is an integral constituent of team dynamics. When a team has already been formed it is time for it to start working on a project in order to reach the goals of the team or company in a whole. It is necessary to keep in mind two peculiarities about team projects.…

    • 806 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    What is the role of each component of the strategic management process in determining overall enterprise performance?…

    • 276 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    “developing and implementing a European energy policy. Through the development and implementation of innovative policies” (EC, 2014)…

    • 1416 Words
    • 6 Pages
    Better Essays
  • Powerful Essays

    Business Ethics P3

    • 1863 Words
    • 8 Pages

    The strategy of the company is to focus relentlessly on safety and centres on playing to BP’s strengths which are: exploration, giant fields, deep water, gas value chains, a world – class downstream, technology and relationships. They aim to be successful providing outstanding performance, and known to be “one of the largest integrated energy companies in the world, BP is looking beyond traditional energy choices and are taking the next step into a brighter, cleaner tomorrow.…

    • 1863 Words
    • 8 Pages
    Powerful Essays
  • Powerful Essays

    In the last fifteen years, Shell International has undergone many changes in their organizational structure. Three major events, the Brent Spar incident, human rights problems in Nigeria, and shareholder activism moved Shell to do a thorough examination of their company. After many attacks by activists, Shell first, changed from a complicated matrix form of organization to five worldwide business units. These units were exploration, production, oil products, chemicals, gas and coal, and central staff functions. This design was to make Shell more efficient, and focused on their customers. This started them off in the right direction, but did little to change their tainted image and policies. A major turning point happened at an executive retreat when Herkstroter, the chairman of the CMD, admitted that the company needed to own up to its problems and stop blaming outside sources for inside problems. This stunned the Shell organization. Shell was known as a “hard” company and the admission of “guilt” was not something that had happened before. This was the turning point of the entire organization. The Pensions and Investment Research Consultants (PIRC) decided Shell still had not addressed its concerns well enough. PIRC came up with a plan called Resolution 10. They told Shell to take three actions including place a director in charge of environmental and corporate responsibility; to monitor, externally audit, and report to shareholders on its environmental and social policies; and to issue a report by the end of the year on the company’s operations in Nigeria. In a speech a Shell executive described this new approach as a switch from DAD—decide, announce, and defend, to DDD—dialogue, decide, and deliver. Over the four years of change, Shell took a new direction for their company. They revised their business principles, reorganized the internal structure, and audited reports on its social and environmental performance.…

    • 1272 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Looking Forward to!

    • 563 Words
    • 3 Pages

    The major cause in my decision to pursue petroleum engineering is the capability to aid the world’s technology move forward. And being a dedicated and creative individual, I know that I am capable of becoming a valued part of the global team working to progress the process related to oil industry…

    • 563 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Tgv Cinemas

    • 2691 Words
    • 11 Pages

    projects, which had been held back amidst the preceding year’s financial turbulence are now gradually being opened for bidding. In line with this, the Group has set its sights on doubling its net generating capacity in the next five years through a balance of greenfield developments and M&A activities. Greenfield initiatives will most likely be centred in the Middle East and…

    • 2691 Words
    • 11 Pages
    Powerful Essays
  • Good Essays

    star

    • 982 Words
    • 4 Pages

    The rising cost of energy will be a new challenge for SMEs in their quest to stay ahead of the curve in increasingly competitive markets.…

    • 982 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    UK companies have exceptional project development and management skills applicable across the full range of energy sub-sectors, including renewable, nuclear and hydrocarbons. Innovation is at the heart of the UK approach to energy and climate change, which is currently leading to new solutions and lower costs for technologies such as wind power, marine resources and clean coal, among many others. UK energy companies currently generate revenues of more than £90 billion from domestic and international business and employ 600,000 people. This is expected to rise to £200 billion and one million employees by 2030.…

    • 295 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Global Warming- The man made natural disaster is what it is getting famous as. The bottom of the oil barrel is also now visible. I feel the need to look beyond the most common energy-conversion systems is increasing day by day. Designing of clean and green electrical energy systems, by increasing efficiency, better power quality and many other innovations is what I am striving for. I am very sure that electrical energy systems have various applications from solar power to hybrid automobile engines. It’s a great adventure and I certainly want to be a part of it.…

    • 656 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    Ganesh

    • 261 Words
    • 2 Pages

    I found these jobs very interesting because, it covers many aspects like technical, managerial and global exposure required for today’s graduates. I also found through your website that your company is responsible for various successful projects. So, being a part of your organisation with future vision with added advantages would help me build a successful career, thus helping in contributing for development as a successful Renewable Energy Engineer.…

    • 261 Words
    • 2 Pages
    Satisfactory Essays