Preview

Knwledge Management Conocophillips

Powerful Essays
Open Document
Open Document
5778 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Knwledge Management Conocophillips
ACKNOWLEDGEMENT

We express our deep gratitude to Mr. Gurparkash Singh for his constant support, guidance and motivation which helped us immensely in completing this project. The project provided us with an opportunity to understand the fundamentals of Knowledge Management in a better manner and its application in corporate world. The insistence on taking up a project on application of Knowledge Management in energy based firm and promoting it with latest technologies used by them to get a competitive advantage.
ABSTRACT
We have ConocoPhillips as our project firm of Knowledge Management. We learnt a lot about the importance of Knowledge sharing in today’s firms. The company continues to make tremendous progress toward its vision of creating a work place where employees continually deliver additional value through global collaboration and expertise sharing. At ConocoPhillips, support for sharing comes from the executive level and cascades downward and outward throughout the U.S.’s 6th largest global firm. The following report describe the approach, knowledge initiatives and use of lessons learned that have propelled ConocoPhillips’ current knowledge sharing and learning platform forward. At the end of this document, we have provided metrics that demonstrate the robust growth of Knowledge Sharing at ConocoPhillips
COMPANY PROFILE
ConocoPhillips Company is an American multinational energy corporation with its headquarters located in the Energy Corridor district of Houston, Texas in the United States. It is the world 's largest independent pure-play exploration & production company and is also one of the Fortune 500 companies. ConocoPhillips was created through the merger of Conoco Inc. and the Phillips Petroleum Company on August 30, 2002 and was the fifth largest integrated oil company until spinning off its downstream assets to Phillips 66

ConocoPhillips focuses solely on exploring for, developing and producing oil and natural gas globally. The



Bibliography: www.conocophillips.com/ en.wikipedia.org/wiki/ConocoPhillips www.apqc.org www.ibforum.com www.aiim.org www.hrcommunication.com www.zoominfo.com

You May Also Find These Documents Helpful

  • Better Essays

    ExxonMobil is identified as one of the world’s leading oil and gas businesses. It manages market commodities and means countrywide. ExxonMobil is entail in “marketing, gas, and oil exploration, transportation and production in roughly 200 nations” (ExxonMobil, 2015). This company furnishes assistance and products under label names such as “Mobil, Esso, and Exxon. ExxonMobil is known as one of the biggest oil industrial installation where a substance is refined in the nation” (ExxonMobil, 2015). This essay discusses ExxonMobil’s strategic initiative from the 2013 Summary Annual Report. The following details the company’s initiative, financial planning surrounding that initiative, the effect of cost and revenues on the supply chain, as well as the ethical concerns associated with this idea.…

    • 1174 Words
    • 4 Pages
    Better Essays
  • Good Essays

    Dan mentioned that Conoco Phillips is fourth largest traded company in US with 30,000 employees around the world and many contractors who also participate in their knowledge sharing. They have been many changes in the last 12 years as a number of companies were acquired, along with the merger of Conoco and Phillips. This activity has triggered a big need for knowledge sharing. He likes the term knowledge sharing rather than knowledge management. I completely agree. Dan said it is about getting people to talk to each other. Trust is important for this.…

    • 817 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    2012 ConocoPhillips (COP) becomes a newly independent company focused solely on core business of exploration and production. It completed reposition of separation of Phillips66 on April 30th, becoming the world’s largest E&P company based on production and proved reserves.…

    • 4540 Words
    • 19 Pages
    Powerful Essays
  • Good Essays

    Conocophillips

    • 373 Words
    • 2 Pages

    ConocoPhillips was created on August 30, 2002 through the merger of Conoco, Inc. and Phillips Petroleum Company. It is currently headquartered in Houston, Texas and has become an extremely influential and competitive international energy corporation since its founding. In fact, ConocoPhillips is one of six “supermajor” vertically integrated oil companies along with ExxonMobil, Royal Dutch Shell, British Petroleum, Chevron Corporation, and Total S.A. As a group, these six “supermajors” control close to 5% of global oil and gas reserves in the world with the largest, ExxonMobil, ranked number 14. On the other hand, 95% of global oil and gas reserves are controlled by state-owned oil companies mostly located in the Middle East.…

    • 373 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Chevron Analysis

    • 4464 Words
    • 18 Pages

    “The company’s vision is to be the global energy company most admired for its people, partnership and performance“(Chevron.com). With this being said, the company as a whole is built on a solid foundation of core values. These values include: integrity, diversity, trust, ingenuity, high performance, partnership and protecting people and the environment. Established in 1879, by a group of explorers and merchants, the company was initially named Pacific Coast Oil Co. Through the over 100 years of service to consumers and businesses, Chevron has established itself as one of the premier energy production companies in the world. It has even created its own methodology in “The Chevron Way”. Over the years Chevron has strived to achieve efficiency and effectiveness in its business strategy and operational excellence compared to other companies such as Exxon Mobil. Increasing stockholder wealth over the years, Chevron has also has been categorized as a “blue chip” stock (CVX symbol on the S&P 500 and DJIA) because of its stability and profitability. Oil and other natural resources are not unlimited and competition for these resources will become even fiercer. With a vast network of business partnerships and resources Chevron is truly a company that has an…

    • 4464 Words
    • 18 Pages
    Powerful Essays
  • Better Essays

    JWI515 Week 5 Assignment 2

    • 1515 Words
    • 5 Pages

    The oil/energy industry is one of the largest industries in the United States. According to the Department of Energy (DOE), fossil fuels (including co4tral, oil and natural gas) makes up more than 85% of the energy consumed in the U.S. as of 2008. Oil supplies 40% of U.S. energy needs (DOE, 2014). There are two major sectors within the oil industry, upstream and downstream. Upstream is the process of extracting the oil and refining it. Downstream is the commercial side of the business, such as gas stations or the delivery of oil for heat. Oilfield service companies assist the drilling companies in setting up oil and gas wells. In general, these companies manufacture, repair and maintain equipment used in oil extraction and transport. More specifically, these services can include: Seismic Testing which involves mapping the geological structure beneath the surface; Transport Services is operative given both land and water rigs need to be moved around at some point in time; Directional Services becomes relevant because not all oil wells are not drilled straight down, some oil services companies specialize in drilling angled or horizontal holes. The Organization of Petroleum Exporting Countries (OPEC) is an intergovernmental organization dedicated to the stability and prosperity of the petroleum market. OPEC has 11 member countries. The world's top exporters of petroleum are Saudi Arabia…

    • 1515 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Exxon Mobil

    • 1633 Words
    • 7 Pages

    Exxon Mobile conducts oil and gasoline exploration in every major accessible area in the world (Integrated Solutions). They also have the largest amount of financial capital for new research and exploration. Exxon is also the largest publically traded energy company in the world and serves over two hundred countries (Annual Report). They also have discipline and consistency which means that they continue to grow in the areas they feel necessary while…

    • 1633 Words
    • 7 Pages
    Good Essays
  • Good Essays

    Exxon Mobil is the largest publicly traded oil producer, which simply means it Exxon Mobil produces the most oil. Exxon Mobil specializes in crude oil, natural gas and petroleum. The company’s segments include upstream, downstream, chemical, corporate and financing. Exxon Mobil and Royal Dutch Shell are two very similar company’s but Shell is currently doing better than Exxon Mobil. Exxon Mobil is struggling to replace falling production, therefore Shell is currently doing better.…

    • 494 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Smith P. (2005) Collaborating to Compete: Achieving Effective Knowledge Sharing in Organisations, The Learning Organisation 12(6) Page 563…

    • 3088 Words
    • 13 Pages
    Powerful Essays
  • Better Essays

    chevron

    • 738 Words
    • 3 Pages

    Chevron is one of the worlds leading integrated energy companies, with industries that conduct business worldwide. Also Chevron Company is one of the largest oil companies in the United States. Chevron is out of San Ramon, California. The company started in 1879 with the discovery of oil in Pico Canyon north of Los Angeles. The name Chevron became its legal entity name of 1984. Chevron also merged in 2001 with Texaco to grow its business in crude oil and the natural gas market around the world. The company employs 58,000 people around the world and also 4,000 in service stations. Chevron is producing more than two million barrels of crude oil each day. In this paper, the following topics will be discussed: an overview of the company, latest product developments, and unique marketing strengths.…

    • 738 Words
    • 3 Pages
    Better Essays
  • Better Essays

    Dupont Divestiture

    • 1595 Words
    • 7 Pages

    Conoco began in 1875 as the Continental Oil and Transportation Co., one of the first petroleum marketers in the West. The company has made it through plenty of tough and challenging times from the stock market crashing just a month after Conoco took its stock public, to overseas expansion, to the oil crisis of the 19070’s. Then in 1981 a simple proposal by Canada's Dome Petroleum about acquiring a Conoco subsidiary, Hudson's Bay Oil and Gas left the company wide open. In order to assure an adequate supply of petroleum products to use as chemical feed stocks, DuPont bought Conoco on Sept. 30, 1981. Conoco became a wholly owned DuPont subsidiary in the largest merger ever at that time, costing DuPont $7.8 billion. As a subsidiary of DuPont, Conoco became a major, integrated, global energy company operating in 40 countries worldwide. The company was involved in both downstream and upstream activities like exploring for, developing, refining, marketing, transporting, and selling crude oil and natural gas. In 1998, Conoco ranked 8th in worldwide production of petroleum liquids by US…

    • 1595 Words
    • 7 Pages
    Better Essays
  • Good Essays

    Drilling/Natural Gas Companies: Hundreds of private and publicly-held American and international oil/natural gas companies, led by the likes of oil giants BP, Chevron and ConocoPhillips, make substantial profits as a result of natural gas sales made possible by the process of fracking and gas production from underground shale gas fields. These companies stand to lose money if government restrictions impose on their drilling efforts; therefore, efforts by these companies to silence opposition to drilling are perpetuated through extensive lobbying activities.…

    • 425 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Encouraging challenges to the status quo, leaders of organizations in the new century will need to share knowledge with--and empower-ALL their employees.…

    • 9339 Words
    • 38 Pages
    Powerful Essays
  • Powerful Essays

    Knowledge Management

    • 2695 Words
    • 11 Pages

    "Knowledge management is the set of practices aimed at discovering and harnessing an organization 's intellectual resources. It 's about finding, unlocking, sharing, and altogether capitalizing on the most precious resources of an organization: people 's expertise, skills, wisdom, and relationships. Knowledge managers find these human assets, help people collaborate and learn, help people generate new ideas, and harness those ideas into successful innovations" (Bateman, 2004, p.8-9). One of the most important factors of change in management is the growing need for good, new ideas. Knowledge management is an approach that allows people to produce change. It 's bringing people together and collecting ideas from the group that can provide further success for the company and personally for the employees. A new idea can produce growth and motivation within a company. If the employees and the company as a whole come together and grasp a new idea, it ultimately can lead to new inventions of products and services. (Lineman, 2004.)…

    • 2695 Words
    • 11 Pages
    Powerful Essays
  • Powerful Essays

    Danone Case Study

    • 7355 Words
    • 30 Pages

    Edmondson, A.C., Moingeon, B., Dessain, V. and Jensen, A. D., 2008, “Global knowledge management at Danone”, Harvard Business Review, item 608 – 107, p. 1 to 14…

    • 7355 Words
    • 30 Pages
    Powerful Essays