Strategic Issues for the Oil Majors — 1992

1992 ◽  
Vol 3 (1) ◽  
pp. 93-100
Author(s):  
Peter M. Oppenheimer
Keyword(s):  
Power Generation ◽  
Human Resource ◽  
Oil Prices ◽  
Energy Markets ◽  
Strategic Issues ◽  
Career Opportunities ◽  
World Energy ◽  
Price Management ◽  
The Impact

Strategic issues facing oil majors in the 1990s are very diffuse — in contrast with both the 1970s (when strategy meant the response to high oil prices) and the 1980s (when it meant anticipating and exploiting a drop in prices). Mainly upstream issues include the future of price management by OPEC or a successor, the speed of development of new markets for natural gas in power generation and the role of Russia in world energy markets. Other issues include the impact of environmental regulations and taxes on the product mix and on marketing. Human-resource management will continue to face the task of reconciling career opportunities with static or declining manpower requirements; and corporate cash mountains may periodically recur.

scholarly journals THE ROLE OF HUMAN RESOURCE IN ORGANIZATIONAL PERFORMANCE IN THE AUTOMOTIVE INDUSTRY

2021 ◽  
Vol 37 (1) ◽  
pp. 19-28
Author(s):  
Endre Szabó ◽  
Katinka Bajkai-Tóth ◽  
Ildikó Rudnák ◽  
Róbert Magda
Keyword(s):  
Human Resources ◽  
Organizational Performance ◽  
Human Resource ◽  
Automotive Industry ◽  
Structured Interview ◽  
Training System ◽  
Preventive Action ◽  
The Impact ◽  
And Training

In the course of the research, we examined the impact of the selection and training system of a Hungarian automotive company on organizational performance, which together ensure the future development of the company. It contributes to the optimization of sales, purchasing and logistics processes, ensures customer satisfaction and the success of the company. In this fast-paced and globalized world, it is essential for companies to be aware that one of the most important factors of production is human resources themselves, whose proper selection and training are a key element in maintaining and developing economic competitiveness. Human resources play the biggest role in the operation of an economic organization. Process quality and process orientation reduce costs, increase profitability, and improve processes to always meet growing requirements. This is the basis of the quality strategy. Therefore, it consistently applies preventive quality assurance methods, learns from failures, eliminates the causes of mistakes without delays and transfers its experience to all areas of the company for preventive action. It is customer-oriented and strives for excellence in all areas, and thus makes it an obligation for everyone to aim for the highest level of customer service. Due to the special peculiarities and characteristics of the labor force, it cannot be compared to any of the production resources. Taking this as a basis, the human resource management used to be more of a functional purpose, while in recent decades human factors have become an essential source of competitiveness. The market operation and performance of an organization depends significantly on how we can select the most suitable workforce. We need to see what the strategic points that determine the role of HR are, and we are also looking for the answer in which direction the needs, expectations and professionalism given by the generational difference move the activities of human resources. The aim of the research is to get an answer to how the employees of one of the leading Hungarian players in the automotive industry perceive the importance of the selection and training of the workforce in maintaining and improving competitiveness. To this end, we used a semi-structured interview, with the help of which we evaluated the current selection and training processes in the light of competitiveness and made suggestions for the improvement and refinement of these processes.

scholarly journals Does Combined Heat and Power Play the Role of a Bridge in Energy Transition? Evidence from a Cross-Country Analysis

2019 ◽  
Vol 11 (4) ◽  
pp. 1035 ◽  
Author(s):  
Hyo-Jin Kim ◽  
Jeong-Joon Yu ◽  
Seung-Hoon Yoo
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Electricity Generation ◽  
Nuclear Power ◽  
Energy Transition ◽  
Parameter Estimate ◽  
Combined Heat And Power ◽  
Cross Country ◽  
The Impact

In an era of energy transition involving an increase in renewable energy and a reduction in coal-fired power generation and nuclear power generation, the role of combined heat and power (CHP) as a bridging energy is highly emphasized. This article attempts to look empirically into the impact of increasing the share of renewable energy in total electricity generation on CHP share in total electricity generation in a cross-country context. Data from 35 countries during the period 2009–2015 were used, and the least absolute deviations estimator was applied to obtain a more robust parameter estimate. The results showed that a 1%p increase in the share of renewable energy significantly increased the CHP share by 0.87%p. Therefore, the hypothesis that CHP serves as bridge energy in the process of energy transition was established.

scholarly journals The Impact of the Oil Sector on Commodity Prices: Correlation or Causation?

2010 ◽  
Vol 42 (3) ◽  
pp. 477-485 ◽  
Author(s):  
Sayed H. Saghaian
Keyword(s):  
Time Series ◽  
Graph Theory ◽  
Causal Structure ◽  
Commodity Prices ◽  
Oil Prices ◽  
Causal Link ◽  
Energy Markets ◽  
Oil Sector ◽  
The Impact ◽  
Causal Structures

The interconnections of agriculture and energy markets have increased through the rise in the new biofuel agribusinesses and the oil-ethanol-corn linkages. The question is whether these linkages have a causal structure by which oil prices affect commodity prices and through these links, instability is transferred from energy markets to already volatile agricultural markets. In this article, we present empirical results using contemporary time-series analysis and Granger causality supplemented by a directed graph theory modeling approach to identify the links and plausible contemporaneous causal structures among energy and commodity variables. The results show that although there is a strong correlation among oil and commodity prices, the evidence for a causal link from oil to commodity prices is mixed.

scholarly journals Consequences of accelerated Global Warming on nature and economy and the remedies for Global Green Economy

2013 ◽  
Vol 3 (1) ◽  
Author(s):  
Navneet Gera
Keyword(s):  
Global Warming ◽  
Human Resource ◽  
Co2 Emission ◽  
Global Scale ◽  
Green Economy ◽  
Oil Consumption ◽  
Root Cause ◽  
Global Issue ◽  
The Impact

Abstract: Global warming is the problem of 21st century for the globe. The root cause of problem is heavy oil consumption, deforestation, CO2 emission due to human and industrial activities and the rising threats of globalization like terrorism etc. This paper will address the impact of global warming on the Industries, human resource and the flora and fauna. The human resource has made a significant change in the current environment with the collective use of industries and the other GHG (Green House Gases) causing disturbance in the environment. In addition, the human resource is thinking on this issue, as it has become a global issue. There have been initiatives taken on Global Scale when Kyoto protocol agreement was signed which is in continuation till 2012. There have been further initiatives when the Ministers from across the global met at Copenhagen but at the end of the end there have been no discrete plans for Global Warming. Though it is a problem but how certainly can we manage this is more important. Global warming solutions can reduce the amount of heat-trapping gases that we emit into the atmosphere. Among the solutions, is a model G2I3 addressed in this paper and the role of every Individual which can make a great impact on the environmental problems.

scholarly journals The Impact of Human Resource Practices on Employees' Performance through Job Satisfaction at Saudi Ports Authority Based on the Assumption of Maslow Theory

2019 ◽  
Vol 8 (5C) ◽  
pp. 245-253
Keyword(s):  
Job Satisfaction ◽  
Human Resource ◽  
Primary Data ◽  
Human Resource Practices ◽  
Port Authority ◽  
Cargo Handling ◽  
Mediating Role ◽  
Data Survey ◽  
The Impact

Saudi Ports is one of the busiest seaports in the world and the biggest ports in the Middle East.It has the largest and most diversified economy in the Middle East with industrial exports that are internationally oriented. The Port Authority played a great role to increase the economics of the country through, cargo handling Imports and exports goods. Saudi Ports Authority has nine main ports on the two cost of the kingdom which achieved 95% of export and imports goods through the kingdom’s seaports while 55% of the cargo handled is exported. however, cargo’s over stock is the main issue that recently came up which raise the price of cargo’s handle up to 200%, which as a result of lack of job satisfaction among employees in cargo section and lack appropriate human resource practices. Therefore, our study takes a step to examine the role of human resource practice on employee’s performance and also the mediating role of job satisfaction in the relationship between human resource practices and employee’s performance in Saudi Port Authority. Moreover, this study will validate of the assumption of Maslow theory. This study will be based on primary data (survey Questionnaire)

Does Flexibility in Human Resource Practices Increase Innovation? Mediating Role of Intellectual Capital

2020 ◽  
Vol 7 (2) ◽  
pp. 257-275
Author(s):  
Jahnavi Patky ◽  
Shivendra Kumar Pandey
Keyword(s):  
Human Resource ◽  
Intellectual Capital ◽  
Structural Equation ◽  
Manufacturing Industry ◽  
Service Industry ◽  
Underlying Mechanism ◽  
Innovation Performance ◽  
Mediating Role ◽  
The Impact

Building on resource-based view theory, this article investigates the impact of human resource practice flexibility (HRPF) on innovation performance with (a) the mediating role of intellectual capital (IC) and (b) moderating role of the industry type (service or manufacturing) of an organisation. We empirically examined the relations using a survey dataset of managers of 257 Indian organisations. We have used the structural equation modelling method for data analysis. Findings of the moderated mediation analysis revealed that IC mediates the relationship between HRPF and innovation performance (a) partially when the organisation operates in the service industry and (b) fully when an organisation operates in the manufacturing industry. Additionally, our study explains the underlying mechanism governing the same relationship.

Repositioning gas in the power generation mix

2018 ◽  
Vol 58 (2) ◽  
pp. 647
Author(s):  
Martin Wilkes
Keyword(s):  
Power Generation ◽  
Renewable Energy ◽  
Energy Demand ◽  
International Energy Agency ◽  
Potential Range ◽  
Energy Agency ◽  
Energy Needs ◽  
World Energy ◽  
The One ◽  
The Impact

Since the turn of the century, gas has been highlighted as the transition fuel to a lower emissions world, and, in 2011, the International Energy Agency published a special report entitled ‘Are we entering the golden age of gas’, which indicated that gas use could rise by over 50% to provide more than 25% of world energy demand by 2035. Even though gas use has risen in tandem with the increase in renewable energy, over the past decade, coal has been the fastest growing fuel because developing countries choose cheap power to provide their growing energy needs. Gas has been, and continues to be, subject to a green, cheap squeeze; squeezed by cleaner renewables on the one hand, and cheaper coal on the other. This paper will look at the impact that increasing amounts of renewable energy has on existing power generation and supply systems, and provide insights into the potential range of outcomes in emission levels, and the need to not only discuss renewable energy target, but to also understand the total energy mix, and the need to reposition gas from a transition fuel to the natural long-term companion of renewables.

Sign in / Sign up

Export Citation Format

Share Document