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Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Analysis

It is crucial to keep in mind that Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Analysis is among the valuable and prominent US based international energy corporation that has been engaged in almost every aspect of the gas, oil and geothermal energy markets such as hydrocarbon production and expedition, marketing, refining and transportation, chemical production and sales and power generation. The company has actually attempted to predict itself as an organization which is devoted to the environment security. The business has done this openly through "The Chevron Method" document and through marketing.

Case Study HelpIt tend to runs acrossvalue chain, including various activities, likewise the company has generated massive amount of revenues totaled up to $50592 in 2000. Similar to numerous other energy companies, Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Solution faces significant difficulties and threat in the routine service operations. It is to inform that the if the oil is mishandled at any production phase it would more than likely damaging the human health, natural surroundings and the success of the business as a whole. Incidents and accidents might be take place at a number of websites. It is considerably essential for the company to be prudent about the cash that it spends on the procedures used to manage such difficulties and threat, also the Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Help might conflict with the sustaining custom of decentralized management.

Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Solution

The Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Solution refers to the possibility of the environment deterioration owing to the human activities, which in turn results in the indirect or direct damage to the people within an environment. The environment can be harmed due to the exhaustive use of resources, production waste, emissions, effluents and so forth. The factors impacting the environment also ruins the goodwill and track record of the company as a whole in the market.

The danger is Chevron management is fretted about includes;

Danger of damage to the human health, natural surroundings, and the corporate profitability.
Environment externalities and its effect on the public goods at every value chain stage
The value chain from the extraction of basic material to the pumps
Loss of reputation and goodwill
Expense of company disruption
Being the valuable and leading energy company, and strong market image in domestic and global markets, the company needed to deal with and handle the functional obstacles. There might be the adverse and the negative impact on the safety and health of the worker labor force, the resources used by company, natural surroundings along with the monetary performance and viability of business since of the ineffective handling of the oil while in the production process.
In addition to this, the working condition of the business would have extreme effect on the safety and health of employees. The expedition of gas and oil is among the dangerous operation which more than likely need precaution to put in location. The leak or spillage of the gas or oil at any production phase would be dangerous for both the organization and creatures and environment. In case of the long working hours of workers, the health of the workers would be adversely affected. For this reason, there ought to be a standardization of procedure so that the management of the business assure that the safety and health of worker is not at stake throughout the process o production. There is a qualitative and quantitative effects of the Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Help on business. The fines and service charges may be suggested by the nation's federal government and restrict a few of the business operations and prohibit the organization for damaging the environment.

Environment risk management

As such, the executives or management of the business need to not manage the environment danger as they have handled other danger consisting of monetary risk due to the truth that the management or executives of the company can determine the results of managing the currency danger in quantitative terms by evaluating the expense advantage analysis. The goal of the management is the lower the cost incurred by company to support the management of other risk. It is considerably essential that the cost of managing the danger must be lower than the cost of threat itself.

On the other hand, in case of the Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Analysis, the supreme goal of the company is to reduce the possibility of event of the possible risk. If the company is unable to leave the occurrence of the threat, it might take steps for the function of minimizing the negative effect of such dangers so that the cost referring to the results of threat and the loses would be reduced to some degree. Usually, the effects of the Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Help could not be measured in monetary terms, so it would be difficult for the company to compare the advantage earned and cost incurred in it.

The expense needed to handle the environment danger is based on the ethical factors to consider rather than state requirement or require by the policy of the business. This in turn, supplies the sense of reality that it is among the unneeded expense that is invest by the organization, however it would bring desirable and positive benefits, hence enhance the bottom line of the business in indirect manner. It is hard to identify the environment expense due to the truth that it is embedded in the everyday operating expense.

Spending money on Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Solution

Case SolutionIf I would be at location of CEO of Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Analysis, I would be worried that the line supervisors won't invest enough, it is because of the truth that the line management probably supplies the commitment of environment danger management that is lined up with vision and objective of the business. It is considerably crucial to verify such commitment and commitment by the level of worker engagement and participation. Not only this, the Hong Kong As A Media Hub The 1998 Review Of Television Policy health and wellness function need to have an agent at the executive position/ leading management.

It is not the director and the senior supervisor who plays essential function in management of environment threat. The line managers likewise play vital part in the creation and the upkeep of the health and safety within an organization. it is vital to note that the senior supervisors and directors keen on preserving the safe place of work and adhering to health and wellness legislations, the directors and senior managers would depend on line managers to monitor and carry out such arrangement, not just this but also serve as an avenue for the security enhancement ideas and feedback from the employees.

It is substantially important that the line supervisor ought to be individuals whom the directors and the senior manager would trust and would not be willing to compromise on health and wellness for the purpose of accomplishing the certain targets as well as making themselves look much better at the same time. The line supervisors need to spend quantity of cash on Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Help management. The line supervisors need to be directly accountable for the security of the workers within an organization, public and the environment.

In addition to this, the management training that is received by line manager is very important before taking up the function and the training in health and safety problems or the environment risk management need to be consisted of in the tenure of the line managers. Not just this, along with the training in management functions and obligations and various other related areas including efficient interaction and leadership, health and wellness courses which analyze and lay out the duties of the line managers from the point of view of health and safety must likewise be finished.

Quickly, I would be stressed that line supervisors will not invest enough on environment danger management, since it is very important for the business to minimize its impact on the environment and improve its bottom-line. Becoming sustainable and reducing the waste would result in waste, water and energy management cost savings. Not only this, it would also increase the revenue of the business through performance and efficiency gains.

Business capture risks

The environment and safety guidelines have been executed by the Chevron Research Study and Technology Center through establishing the Business, (a choice making tool) in discussion with the executives tends to manage downstream in addition to upstream operations. The Business supplies help to the managers to prioritize the jobs for the performing them and it likewise helps managers in undertaking the expense advantage analysis.

Frequently, it is not real of the advantages that the expense required for handling the Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Analysis tasks can be examined in dollar worths or monetary values. For instance; in case the benefit comes as a low likelihood of the adverse or undesirable occasions, it is not clear that by just how much it would be minimized by the Hong Kong As A Media Hub The 1998 Review Of Television Policy spending. The degree of damage is lowered in other financial investment because of the undesirable occasion, but the certification of the damage is challenging.

Despite the difficulty in responding to such inquiries, Company help manages in setting priorities for handling the Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Help. Essentially, the Business utilizes spreadsheet method. It tends to utilize different assessments tables and inputs sheets for the purpose of transforming inputs into the dollar values.

The supervisors are entitled to fill the input sheet for each risk decrease proposition with the information such as initial job capital cost, life of project or the length of time throughout which the benefits would be yielded by job and the event's description such as service disturbances, injuries and fire. The input most likely compare customized and present scenarios.

Significantly, the information is utilized by supervisors from the qualitative danger ranking metrics that tends to be integrated in the prior danger management procedure phase. Unexpectedly, Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Help had actually successfully discovered Business reliable tool for quantifying the cost associated to the danger management propositions.

Recommendations to Keller about Company

Case Study AnalysisAfter taking into consideration the examination and expediency of Business along with its benefits, it is suggested that Keller must carry out the choice making tool Business companywide due to the truth that the tool would assist the managers to decide which tasks need to be taken forts in order to minimize the danger.

It has actually been used by the supervisors at refinery for the purpose of increasing the returns on investment in management of the Hong Kong As A Media Hub The 1998 Review Of Television Policy Case Study Analysis. Not only this, it has allowed refinery to create millions dollar worth of threat decrease advantages with no additional cost.

Executing Company companywide would yield various financial and non-financial benefits to the business as a whole through facilitating discussion about the Hong Kong As A Media Hub The 1998 Review Of Television Policy damage and potential customers of the accidents as well as about the relative significance and probabilities of the different sort of problems or problems. Especially, it would assist the management of business in figuring out the effective allotment of danger management resources, the use of which would permit the company to increase the general effectiveness of financial investment made in the threat management. The business would realize the similar level of savings in relation to the total expense or overall possessions throughout the organization. Company would maximize the earnings margins by comparing the anticipated values of the jobs.

Soon speaking, Keller must implement the Business to efficiently handle the environment danger management and designating danger management resources in efficient way, thus increasing the efficiency of the risk management investment. It would improve the viability and sustainability of the project.




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