...Statoil’s IT Step – Distributing the Technology The objective is to increase Statoil’s productivity and profits through technology and innovation. In this case mid and top level management should feel responsible for the overall outcome of the objective. Statoil’s IT step program is major initiative by management to increase knowledge of information technology and their ability to use that technology to personal and business advantage in the future (Andersen, 1998-2000). The success of the implementation of this program will ultimately affect the all employees. Statoil a Norwegian is an oil company that has 15,000 employees that has an international presence. Distribution is mainly in the North Sea and their activities are all upstream and downstream oil exploration. Einar Eng wants to take the IT Step so he can increase the employee's knowledge of information technology thus having the ability to have a better business advantage for the future. The situation that Einar Eng is currently in is that there is decreasing birth rates, a tight labor market, and high employee cost. Going forward with the IT step can help productivity through technology and innovation rather than put more towards leadership. The IT step initiative consists of the distribution of a PC with free Internet connection. Only employees will receive this offer and no contractors. The root problem in this case is how Statoil’s should incorporate the IT Step initiative into their company. Due to high employee...
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...Statoil's IT Step – distributing the technology Objectives and current situation Statoil's objective is to create a long-term value for its shareholders through marketing, transportation, production, and petroleum-derived products ("Corporate governance," 2010). Statoil is an international energy company with operations in more than 30 countries and has 15,000 employees. Distribution is mainly in the North Sea and their activities are all upstream and downstream oil exploration. They are one of the biggest producers of oil and gas worldwide. Statoil is committed to accommodating the world's energy needs in a responsible manner, applying technology and creating innovative business solutions. The primary objective is to increase Statoil's productivity and profits through technology and innovation. In this case mid and top level management are responsible for the overall outcome of the objective. Statoil's IT step program is major initiative by management to increase knowledge of information technology and their ability to use that technology to personal and business advantage in the future (Anderson, 1998-2000). All of the employees will be affected by the success of the implementation of this program. In 1996, Einar Eng wants to take the IT step so he can increase the employees' knowledge of information technology thus having the ability to have a better business advantage for the future. The IT step involves offering all Statoil employees an ISDN networked, multi-media...
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...of advantages that Statoil will benefit from as a result of the IT Step initiative. Options 1 The first option I would suggest is to begin communicating with employees the opportunity of gaining additional skills via the IT Step initiative. Providing a survey or questionnaire would be a great tool that will provide indications on how many employees are for this initiative or not. As with Change there are always opportunity for resistance, to combat this Statoil should show the benefits of gaining these additional IT Skills. After reviewing results from the questionnaire and survey, informational meeting should be scheduled for all employees that are willing to be trained to attend. By doing this Statoil now will be able to determine the individuals that should be part of the training. With this initiative current employees that have task or duties that can be done remotely should be offered and trained in the IT Step system. The suggestion to subsidize home PC’s for their employees is necessary because this will allow employees remote access of their work which will lead to greater productivity. Option 2 Second option that I would propose to Statoil would be to create agreement that will hold the employees who are participating in the IT Step initiative accountable. Statoil employees will sign this agreement as a contractual agreement that will make the employee responsible for the equipment they will receive, and the additional services that Statoil will be subsidizing...
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...Check with instrument. 29.02.12 : No one take responsibility. No package engineer. 29.02.12 WE Lead sent mail to engineering deputy lead. Engineering management to clarify responsibility 07.03.12: Jakob to adress issue in engineering meeting. 01.03.2012 WE-SM SM5 - 4 Drilling module Laila Haukeli GG/TP Handling of hazardous substances in the wellbay area has not been considered in the Topside report. Company want Contractor to include a reference to this area in the report. 01.07.2012 15. mars 2012 Page 1 of 3 Meeting Action number Action Name Responsible Level Area Company Name Description Answer/Statement Due Date Finished Date WE-SM SM6 - 5 Area of consern Lars Ove Skogseth Statoil Dispersion/ROS analysis needed, Experience transfer report (design basis) Information from Diego: Dispersion analyses is planned to be finished within 1-2 weeks. Information from Christan Holm: ROS (risk- and vulnerability analyses which is basis/input to the emergency preparednees analyses) for potable water system. ref sect 3.6 Water report 112 and appendix 1 from Public Health/NIPH will not be performed. 17..02.2012. ROS on HOLD, ref, info from Christian Holm, waiting for reply on MVMN-4600015952-00185 Potable Water system and potential contaminations (Hertel) 21.02.2012 WE-SM SM7 - 1 Authority Lars Ove Skogseth Contrator has highlighted that 23.02.12: Waiting for reply actions which Company want Contractor to follow...
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...CORROSIVE RESISTANT ALLOY (CRA) LAYER Jan van der Ent1 ; Niele Findlay2 ; Niels Portzgen3 ; Oddbjørn Nupen4 ; Geir Endal5; Olav Førli6 1 RTD Rotterdam The Netherlands 2 RTD Perth Australia 3 RTD Rotterdam The Netherlands 4 Technip Oslo Norway 5 Statoil Stavanger Norway 6 DNV Oslo Norway Abstract Development of the Norne Satellite Field comprises the connection of the two oil fields Stær and Svale to the Norne FPSO (see Figure). A unique solution, a common, single pipeline was selected by Statoil for transport of the multiphase well stream from the two oil reservoirs. The Norne field is located at 66° North and subjected to strict environmental requirements. Therefore a Carbon steel pipeline, built with a corrosive resistant alloy layer ( CRA ), had been selected for the resistance against the corrosive fluid without the use of chemicals. An implication of this construction method is that the pipeline girth welds have to be made with an austenitic welding consumable (typically Inconel), which is very difficult to inspect using ultrasonic testing method. Furthermore the reeling process used for the pipeline installation require severe weld flaw detection capabilities. An extensive AUT-CRA qualification program has been utilized by Technip and Statoil to confirm that the proposed CRA inspection method meet the quality standards and requirements of DNV OS F101 Appendix E. Throughout the qualification process it has been verified that the CRA inspection technique adequately detects and qualitatively...
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...Is Shell really Arctic ready? Nick Butler | Jan 14 2013 14:59 | 10 | Share Shell's drilling barge the Kulluk. Getty Images There are two important lessons from the mounting problems facing Shell as a result of the series of accidents that have afflicted its drilling programme in the Arctic. The first is that major companies must have the capacity to call a halt and to break the inexorable internal momentum that so often makes it impossible to stop projects once they have started. The ability to reconsider is a great sign of strength not weakness. The second is that a company such as Shell, which prides itself (rightly) on its environmental performance, is only as good as its weakest contractor. A series of relatively small problems have now brought Shell’s Arctic drilling programme to a halt. The latest incident in which a drilling ship that had been working in the Beaufort Sea was grounded at Sitkalidak as it was being moved south has led to a full review of the whole programme by the US Interior Department. There are demands for a full scale Congressional inquiry. The damaged rig, one of the few specially equipped to work in the Arctic – will not be easy to replace in time for the next drilling season. None of the incidents has actually caused a significant environmental problem, which is why I use the words “relatively small”. But the Arctic is different. The area is stunning and within easy reach of the US news media. If a spill did occur, the risks are enormous....
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...meeting. Virtual meetings may lower the costs and eliminate the geographical distances between attendees, but they sometimes fail to achieve the active participation of attendees. In these tough economic times, advancing technologies are making virtual events not only a less expensive replacement for physical meetings but also a superior one. The objectives of the meetings and events are to exchange information and to network. Virtual meeting and event technology can facilitate these two objectives easily. Considering the need and worthiness of virtual meeting, I will select the proper web conferencing software. Planning and preparation is everything when it comes to running a successful web conference so I will take care of the following steps while preparing for a web conference. 1. Pre-planning: I would prepare and send the conference invitation one or two weeks before the conference that will include the topic and agenda of the session. Invitation will help the participants to know the exact time and it is very important for all the participants to know what would be discussed in the conference so that everyone comes prepared with their points. Also link to the access the conference would be send in advance. 2. Testing the equipment: After the planning is done, I will...
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...Saimaa University of Applied Sciences Business Administration Lappeenranta Corporate and Financial Law Riina Liutu SUBWAY MARKET RESEARCH Bachelor‟s Thesis 2010 ABSTRACT Riina Liutu Subway Market Research, 114 pages, 7 appendices Saimaa University of Applied Sciences, Lappeenranta Degree Programme in Business Administration Corporate and Financial Law Bachelor‟s Thesis 2010 Instructor: Sari Jokimies Manager of Degree Program The main goal of this thesis is to find out whether Danish entrepreneurs can become successful in the Danish market as Subway franchisees. Three specific cities, namely Århus, Horsens and Vejle, are looked at in depth. In the thesis, these three cities will represent the Danish market. An evaluation of the most suitable location for a Subway restaurant is made. To reach the above objective, the Subway franchising concept, the market situation, the customers and the competitive situation will be analyzed and evaluated. In order to understand the market in which the franchisee would operate, the size of the market, historic growth, potential growth, trends and macro environmental factors will be analyzed. The analyses will show that the fast food market is mature, and that it still holds some growth potential. To find out who the potential customers of the Subway franchisee might be, a survey was made. A questionnaire was used as a main tool to analyze customer preferences and the prospects of opening a Subway restaurant...
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...------------------------------------------------- Course OutlineDepartment of Accounting and FinanceSchool of Business and Economics | ACCT 4250-01 Advanced Management Accounting (3,0,0) MWF 1:30-2:20 PM A&E 208 Instructor: Dr. Laura Jean Kreissl Office: IB 2060 Office Hours: please check office door Email: lkreissl@tru.ca Email is strongly recommended over voicemail as it is checked more frequently Phone/Voice Mail: 250-852-7675 Last Updated: November30, 2015 Calendar Description Building on ACCT 3250: Intermediate Management Accounting, students explore the integrative and interdisciplinary role of management accounting and its contribution to the strategic management process and the provision of quantitative and non-quantitative information for planning, control, and decision making. Topics include management control systems; results controls, action, personnel and cultural controls; control system tightness; control system cost; designing and evaluating management control systems; financial responsibility centers including transfer pricing; planning, and budgeting; incentive systems; financial performance measures; the myopia problem; uncontrollable factors; corporate governance; and ethical issues. | Educational Objectives/Outcomes Upon completing this course, students will be able to: 1. Locate the role of Management Control Systems (MCS) in both strategy and operations. 2. Describe results control and its applications. ...
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...FEATURE The Value of Standardization By Randy W. Clark, President and Chief Executive Officer, Energistics RANDY W. CLARK is President and Chief Executive Officer of Energistics. He has more than 25 years of experience in the oil and gas industry in a variety of different roles and positions with industry companies, including 10 years with Baker Hughes in Houston. Before joining Energistics, Clark was Senior Vice President of cc-hubwoo/Trade-Ranger, the world’s largest electronic marketplace for indirect goods, whose members include many major oil and gas operating companies such as Shell, Total, Statoil, and ConocoPhillips. Additionally, Clark has been active in many global ebusiness standards development efforts and is immediate past-chair of the Petroleum Industry Data eXchange, the e-commerce subcommittee of the American Petroleum Institute. Clark’s experience has included oil and gas production-facility design and project management, purchasing management, business process re-engineering, new product development, data and information standards development, and e-business strategy and development. He earned BS and MBA degrees from Texas universities and he holds professional certification in new product development from the Product Development and Management Association. Talent & Technology » 15 S tandardization of data and information exchange is one of the most problematic, yet potentially highest value, issues facing the upstream oil and...
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...Saimaa University of Applied Sciences Business Administration Lappeenranta Corporate and Financial Law Riina Liutu SUBWAY MARKET RESEARCH Bachelor‟s Thesis 2010 ABSTRACT Riina Liutu Subway Market Research, 114 pages, 7 appendices Saimaa University of Applied Sciences, Lappeenranta Degree Programme in Business Administration Corporate and Financial Law Bachelor‟s Thesis 2010 Instructor: Sari Jokimies Manager of Degree Program The main goal of this thesis is to find out whether Danish entrepreneurs can become successful in the Danish market as Subway franchisees. Three specific cities, namely Århus, Horsens and Vejle, are looked at in depth. In the thesis, these three cities will represent the Danish market. An evaluation of the most suitable location for a Subway restaurant is made. To reach the above objective, the Subway franchising concept, the market situation, the customers and the competitive situation will be analyzed and evaluated. In order to understand the market in which the franchisee would operate, the size of the market, historic growth, potential growth, trends and macro environmental factors will be analyzed. The analyses will show that the fast food market is mature, and that it still holds some growth potential. To find out who the potential customers of the Subway franchisee might be, a survey was made. A questionnaire was used as a main tool to analyze customer preferences and the prospects of opening a Subway restaurant...
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...Saimaa University of Applied Sciences Business Administration Lappeenranta Corporate and Financial Law Riina Liutu SUBWAY MARKET RESEARCH Bachelor‟s Thesis 2010 ABSTRACT Riina Liutu Subway Market Research, 114 pages, 7 appendices Saimaa University of Applied Sciences, Lappeenranta Degree Programme in Business Administration Corporate and Financial Law Bachelor‟s Thesis 2010 Instructor: Sari Jokimies Manager of Degree Program The main goal of this thesis is to find out whether Danish entrepreneurs can become successful in the Danish market as Subway franchisees. Three specific cities, namely Århus, Horsens and Vejle, are looked at in depth. In the thesis, these three cities will represent the Danish market. An evaluation of the most suitable location for a Subway restaurant is made. To reach the above objective, the Subway franchising concept, the market situation, the customers and the competitive situation will be analyzed and evaluated. In order to understand the market in which the franchisee would operate, the size of the market, historic growth, potential growth, trends and macro environmental factors will be analyzed. The analyses will show that the fast food market is mature, and that it still holds some growth potential. To find out who the potential customers of the Subway franchisee might be, a survey was made. A questionnaire was used as a main tool to analyze customer preferences and the prospects of opening a Subway restaurant in Århus, Horsens or...
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...[pic] Strategic Management Accounting (APC 309) Individual Assignment Part 1/ Question 1 Executive Summary The purpose of this report is to cover one of the most important topics in management accounting and analyze them critically. This topic is about traditional approach of budgeting and budgetary control. Analyzing this topic will help to find the benefits and problems of traditional budgeting in two different business, where they are operating at different business environment. It will also discuss some of the alternative methods of budgeting and how it can suit, where traditional methods are inappropriate. The beyond budgeting concept, by Hope and Fraser (2003) will be discussed to find critical and deep evaluation on the budgeting process. Table of contents Pages Introduction. 01 Traditional budgeting. 02 2.1 Multiple Functions. 02 2.2 Benefits. 03 2.3 Problems. ...
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...Strategic Management External and Internal Assessments 1 External Strategic Assessment “It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change.” – Charles Darwin “Nothing focuses the mind better than the constant sight of a competitor who wants to wipe you off the map.” – Wayne Calloway, Former CEO, PepsiCo 2 1 External Audit – Sources of Information •Internet •Libraries •Suppliers •Distributors •Salespersons •Customers •Competition 3 External Strategic Management Audit - The macro environment Scanning (PESTEL analyses, Scenarios) - Industry or Sector Analysis (5 forces, industry/product life cycle) - Competitors scanning (Strategic Group Map, CPM) - The Organization responses (EFEM) 4 2 Layers of the business environment 5 Key Aspects of PESTEL Analysis • Not just a list of influences • Need to understand key drivers of change • Drivers of change have differential impact on industries, markets, and organisations • Focus is on future impact of environmental factors • Combined effect of some of the factors likely to be most important 6 3 Macroenvironment – PESTEL (1) 7 Microenvironment – PEST(EL) Political Economic • Government stability (+) • Taxation policy (+) • Foreign trade regulations (+) • Social welfare policies (-) • Business cycles (-) • GNP trends (-) • Interest rates (--) • Inflation (+) • Unemployment...
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...ITA Occasional Paper August 2007 “Above-Ground” Issues Affecting Energy Development in the Arctic By Rachel Halpern Office of Energy and Environmental Industries Overview As opportunities to develop energy resources in the Arctic grow as a result of climate change and technical advances, companies wishing to participate will face not only technical challenges, but political, legal, and regulatory challenges, as well. The five Arctic countries considered in this paper (defined here as the countries that border the Arctic Sea – the United States, Canada, Norway, Denmark/Greenland, and Russia – see Figure 1 on next page for map) will likely see increased interest in the development of their Arctic resources in the coming decades and will have to begin considering how to address these challenges in order to take advantage of this interest. Each Arctic country has different policies, laws, and regulations regarding oil and gas development and transportation, and these differences will affect how and by whom resources are developed, and how and where they are transported. This paper describes 1) the reasons that energy companies will likely focus more of their attention on the Arctic; 2) the current state of knowledge of Arctic oil and gas resources; and 3) issues that will affect the development of Arctic oil and gas resources including boundary issues, access to resources, environmental restrictions, tax and regulatory issues, transportation challenges, and regional...
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