Saturday, April 27, 2019

Valero Energy Research Paper Example | Topics and Well Written Essays - 1250 words

Valero Energy - query Paper ExampleValero EnergyValero Energy is known for its inscription to excellence, challenging work environ ment and commitment to community. The corporation has a policy of using state-of-the-art technology to provide cleaner-burning gasoline.The company manages its innovation motion by focusing on ersatz energy and latest technologies. It has invested in wind farms outside its McKee Refinery in the Texas Panhandle. The innovation process gets tremendous boost by means of such investments as energy is generated without environmental concerns.The 3 examples of product innovation are investments in new infra-red technology to quickly find and repair leaks of gaseous hydrocarbons, investments in new flare-gas recovery systems which is an emission-reducing technology and meeting the challenge of greenhouse gas reduction through scientific, economic, and technological analyses. Product innovation consists of either improving the present product or acquiring technologies for environment-friendly alternative energies (Valero Energy Corporation).Critically evaluate whether Valero Energy is a learning organization. In your answer discuss 3 examples of how the companys leadership structure has affected the degree of learning that occurs within the companyThe Board of directors of Valero Energy consists of men and women of substantial experience and qualify for a learning environment in the company. As qualified and experience members, they are in a position to foster a learning environment in the company to encourage innovation and growth. Thus, the companys leadership has succeeded in establishing an attitude for competitive and healthy growth with a socio-economic throw that balances social needs with economic advantages.The company ranks number one on Fortune magazines listing of the nations outdo Big companies to work for two consecutive years. It also ranks number five among petroleum refining companies on Fortune magazines listing of Americas most admired companies. It is also ranked at number seven on Fortunes magazines listing of most admired companies worldwide. Besides these, the company has secured many other environmental and safety awards. much(prenominal) accolades on a continuous basis every year bespeak the companys enlightened leadership in learning. The company is also involved in philanthropic activities and generously donates for volunteer activities and educational support programs. unneeded to add, these recognitions can only mean that the culture of learning in the company is sufficiently high to meritoriousness them (Valero Energy Corporation).Critically evaluate the competitive dynamics of the industry Valero Energy is in. Provide 3 examples in your answer of how Valero Energy can utilize an entrepreneurial strategy to compete more effectively globallyThe petroleum industry is a fast evolving industry because of environmental issues. On the one hand, petroleum is undeniable for transport ation, power and a host of other economies. On the other hand, the use of petroleum has to be stripped-down because of its greenhouse gas emission that makes it important to adhere to technologies that reduce air pollution.The company has bolstered its image and revenues through social commitments and growing national network of distributors. Gasoline is a product of universal demand. The only personal manner to grow in the gasoline industry is through achieving technological breakthroughs to address environmental

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