Final Project Report on Chapter Six Transition, Development, and Renewal
FINAL PROJECT REPORT
ON
CHAPTER SIX
TRANSITION, DEVELOPMENT, AND RENEWAL
BAPCO
CONTENTS
1. Introduction
2. Main purpose of the chapter
3. The Major changes in BAPCO
4. BAPCO's life-cycle
5. Transition: The Merger
6. Our approach
7. Organization Renewal
8. Conclusion
1. INTRODUCTION
The company that we have chosen to compare with the chapter and write the report on is BAPCO. Following is a brief introduction about the company:
BAPCO, wholly owned by the Government of Bahrain, is engaged in the oil industry including exploration and prospecting for oil, drilling, production, refining, distribution of petroleum products and natural gas, sales and exports of crude oil and refined products. The company owns a 250,000 barrel-a-day refinery, storage facilities for more than 14 million barrels, a marketing terminal, and a marine terminal for its petroleum products. BAPCO's prime customers for crude oil and refined products are based in the Middle East, India, the Far East, South East Asia and Africa, and 95 percent of refined products are exported.
2. MAIN PURPOSE OF THE CHAPTER
The business world is continuously transforming, as layoffs, bankruptcies, mergers, and restructurings occur every day. These situational shifts present psychological challenges to both individuals and organizations, and many of them respond in unhealthy ways.
The author (William Bridges) describes healthy responses to these challenges, providing practical, step-by-step strategies for minimizing the disruptions caused by workplace change. He asserts that organizations, like individuals, have life cycles and that "it is helpful to have a map of the organization's life cycle that is comparable to the human development theories that clarify the path an individual follows through human childhood, adolescence, and adulthood." He goes on to explain "the seven stages of organizational life" -- Dreaming the Dream, Launching the Venture, Getting Organized, Making It,
ON
CHAPTER SIX
TRANSITION, DEVELOPMENT, AND RENEWAL
BAPCO
CONTENTS
1. Introduction
2. Main purpose of the chapter
3. The Major changes in BAPCO
4. BAPCO's life-cycle
5. Transition: The Merger
6. Our approach
7. Organization Renewal
8. Conclusion
1. INTRODUCTION
The company that we have chosen to compare with the chapter and write the report on is BAPCO. Following is a brief introduction about the company:
BAPCO, wholly owned by the Government of Bahrain, is engaged in the oil industry including exploration and prospecting for oil, drilling, production, refining, distribution of petroleum products and natural gas, sales and exports of crude oil and refined products. The company owns a 250,000 barrel-a-day refinery, storage facilities for more than 14 million barrels, a marketing terminal, and a marine terminal for its petroleum products. BAPCO's prime customers for crude oil and refined products are based in the Middle East, India, the Far East, South East Asia and Africa, and 95 percent of refined products are exported.
2. MAIN PURPOSE OF THE CHAPTER
The business world is continuously transforming, as layoffs, bankruptcies, mergers, and restructurings occur every day. These situational shifts present psychological challenges to both individuals and organizations, and many of them respond in unhealthy ways.
The author (William Bridges) describes healthy responses to these challenges, providing practical, step-by-step strategies for minimizing the disruptions caused by workplace change. He asserts that organizations, like individuals, have life cycles and that "it is helpful to have a map of the organization's life cycle that is comparable to the human development theories that clarify the path an individual follows through human childhood, adolescence, and adulthood." He goes on to explain "the seven stages of organizational life" -- Dreaming the Dream, Launching the Venture, Getting Organized, Making It,