Description
Solution
2.0 Strategy Relationship with Corporate, Business and Functional Structures
For modern entities, strategy anchor entire decisions which need to be made and integrated to the organisation operations. The rationale of this is what CIPS (2022) identify as inappropriate strategy affecting success of staff in their operations. In line with figure 2 summary, a strategy can be categorised into corporate, business and functional.
Figure 2:Organisations Strategy Pyramid
2.1 Occidental of Oman Organisation Structure
The importance of evaluating an organisation structure is to manage people and departments holistically, flexible and an autonomous people practices (CIPS, 2022a). In figure 3 organisation structure, by use of functional organisation structure, they are able to ensure that their different departments work in collaboration to achieve their intended goals.
Figure 3:Occidental of Oman Organisation Structure
For Oxy organisation, corporate objectives are to ensure right assets are in the hands of remarkable people guided by passion of outperforming. In Oxy (2022), their operations border from profits acquisition to establishing viable, cost-efficient strategy to limit the challenges with energy and protect their environment for their future populations. In this regard, for Oxy flat structure, they clearly stipulate staff roles in their organisation. This is with elimination of many management levels therefore having an improved coordination and engagement. Further, Oxy management capitalise on efficient decision making with entire costs of operation reduced considering Middle-Level Management is eliminated.
Further, the corporate aim of Oxy is to ensure sustainable energy is accessed by their clients. This is while assuring affordable and sustainable operations in their different markets globally. The organisation mission is driving change to achieve an appropriate, green future through quality installing energy technologies both in the companies locations and also individual homes. Therefore, in line with Nwachukwu and Vu (2020) recommendation, strategic aim is important for ensuring their alignment with their mission and vision. Considering Oxy company, the importance of their strategy is establishing a roadmap to inform and guide success in navigating on mission and strategies set.
Please click the icon to access this assessment in full
Related Papers
(Solution) CIPS FIDIC Contracts Advanced Practitioner Corporate Award (APCE)
- In this report, an evaluation of a contract by Oracle which is FIDIC guiding their construction projects in more than 67 countries globally has been carried out.
- It is evident from the analysis that there are varying contractual terms having an influence on the power and risk distribution between a supplier and an organisation.
- The rationale of this is that a contract is a legally enforceable agreement between different parties with specific acts or practices to be put into account.
- The core report areas of focus of focus has included the issues of price, quality, construction projects delivery timeline and health and safety have been put into account on the extent in which the risk and power are distributed between the contractor and the organisations.
- In the components identified, it is evident that irrespective of whether the buyer or supplier executes the risk or power.
- Through the application of different tools such as Mendelow stakeholders matrix, SWOT analysis and others, distinct issues and risks characterised by various challenges in the construction projects execution with their mitigation approaches and risks have been evidenced.
- As evidenced from the Kraljic analysis, it is evident that contractual terms have a strategic relevance in the context of Oracle informing on their holistic leveraging on the risks and powers of the contract.
- In situations where Oracle fails in leveraging on contract holistic risks power balance, warrant and also insurance cover is used.
(Solution) New CIPS PDV Procurement Function Achieving Value for Money Outcomes
(Solution) 5CO03 Appraise what it means to be a people professional
(Solution) Level 7 7C001 The Trend Towards Greater Globalisation of International Business Activity
(Solution) 5CO01 (AC2.1) Explain theories and models which examine organisational culture and human behaviour
(Solution) CIPS Negotiation Plan (PIN) Sustainable Water Solutions Company (SWS)
- To successfully implement detailed preparations in negotiation strategy for ensuring entire stakeholders offer their interests and priority in negotiation
- A successful embrace of innovativeness and technologies in negotiation plan strategy
- Ensuring custom-made negotiation process in multiple spend areas as opposed to a general negotiation process
- To enhance effective documentation of negotiation process with any disagreements in negotiation plan successfully