British Petroleum A Defining a Strategic Vision Paul Strebel Brian Rogers 2011
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– Brief history – Description of company’s objectives and mission – Discussion of current challenges and threats – Overview of the current state of the oil industry – Strategic vision and plans for the future – Conclusion, key insights, and recommendations. In the past two decades, BP has transformed itself from an oil major to a fully integrated energy company. The company’s aim is to create a sustainable business model that will enable the company to better serve its stakeholders (customers, share
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British Petroleum A Defining a Strategic Vision Paul Strebel Brian Rogers 2011 I was an expert in the field, and my job was to put it all in perspective. It was a pivotal time for BP, a company in crisis. The world’s biggest oil producer, BP had suffered extensive damage from the 2010 Gulf of Mexico disaster. It was then that I wrote this case study: British Petroleum, A Defining a Strategic Vision. I was a senior consult
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Topic: British Petroleum A Defining a Strategic Vision Paul Strebel Brian Rogers 2011 Section: Case Study Help I worked as an international manager for British Petroleum. We were a global energy company operating across different parts of the world. My experience includes managing various global teams from the Middle East, South America, North America and Europe. Section: Background Information My role was to establish a global strategic vision for BP, a new business strategy. I worked on a broad range of projects to drive
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British Petroleum, the world’s fourth largest oil and gas producer with 7,784 billion barrels of reserves, announced in February 2011 a new strategic vision which will be rolled out across its operations and markets in five years, 2016-2016. This article analyzes the BP strategy as per the Porter’s model and evaluates the role of new business units, such as BP America, which is the world’s largest upstream business. The article also examines the
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1. Overview of the Company British Petroleum (BP) is a global energy company, headquartered in London. BP is publicly traded on the London Stock Exchange, with a market capitalization of $544 billion. BP has more than 65 years of operations and currently employs over 75,000 employees worldwide. I will now discuss the strategic vision behind BP’s global business and how it contributes to the company’s long-term success.
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The world’s top petroleum company, British Petroleum (BP) has been doing business in the oil industry for the last 150 years. With a focus on exploration and production (E&P), refining and marketing petroleum, BP has a global reach and is a major employer in Britain and elsewhere. But as this chapter explores, the company’s global ambitions have been tested in recent times by the Deepwater Horizon disaster, a major earthquake and tsunami, and other natural disasters that
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In this essay I will outline a strategic framework for BP to define and implement a strategic vision. British Petroleum (BP) has a rich heritage of producing oil and gas around the world since 1898. Over the past century, BP has transformed from a small, privately owned company to a global giant with operations in 70 countries and revenues exceeding $50 billion. It is the largest international oil and gas exploration and production company in the world (World Resources Institute 2010). official site Despite its immense resources and
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British Petroleum (BP) is a major international oil and gas company headquartered in London, UK. It operates in 67 countries worldwide, and is one of the world’s largest integrated oil and gas companies by revenue. BP has consistently been ranked among the top oil and gas producers globally. In recent years, however, BP has faced significant challenges that have had a significant impact on its stock price and reputation. This case study examines BP’s efforts to address these challenges and