The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Analysis
The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Solution
It is important to note that The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Analysis is among the important and leading US based international energy corporation that has actually been taken part in almost every aspect of the natural gas, oil and geothermal energy markets such as hydrocarbon production and exploration, marketing, refining and transportation, chemical production and sales and power generation. The business has attempted to project itself as an organization which is committed to the environment security. The business has done this publicly through "The Chevron Method" document and through advertising.
It tend to operates acrossvalue chain, encompassing various activities, also the company has created huge amount of earnings totaled up to $50592 in 2000. Similar to various other energy companies, The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Help deals with substantial challenges and danger in the regular business operations. It is to alert that the if the oil is mishandled at any production stage it would probably harming the human health, natural surroundings and the profitability of the corporate as a whole. Accidents and accidents might be take place at several sites. It is substantially crucial for the company to be sensible about the money that it invests in the procedures used to handle such difficulties and risk, also the The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Analysis may contravene the withstanding custom of decentralized management.
The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Help
The The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology 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 harm to the people within an environment. The environment can be harmed due to the extensive usage of resources, production waste, emissions, effluents etc. The factors impacting the environment likewise destroys the goodwill and reputation of the company as a whole in the industry.
The danger is Chevron management is worried about includes;
Risk of damage to the human health, natural environment, and the corporate success.
Environment externalities and its effect on the general public products at every worth chain phase
The value chain from the extraction of basic material to the pumps
Loss of credibility and goodwill
Cost of business interruption
Being the valuable and prominent energy organization, and strong market image in domestic and worldwide markets, the company needed to resolve and deal with the functional difficulties. There could be the unfavorable and the negative impact on the safety and health of the worker labor force, the resources used by business, natural surroundings as well as the monetary performance and practicality of the business since of the inadequate handling of the oil while in the production process.
The working condition of the company would have drastic impact on the security and health of workers. The exploration of gas and oil is among the dangerous operation which more than likely need precaution to put in place. The leak or spillage of the gas or oil at any production stage would be dangerous for both the company and creatures and environment. In case of the long working hours of staff members, the health of the staff members would be adversely impacted. For this reason, there need to be a standardization of procedure so that the management of the company ensure that the security and health of worker is not at stake throughout the procedure o production. There is a qualitative and quantitative results of the The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Help on company. The fines and additional charges might be indicated by the nation's government and limit a few of business operations and prohibit the organization for damaging the environment.
Environment risk management
The executives or management of the company ought to not manage the environment threat as they have managed other threat consisting of financial danger due to the fact that the management or executives of the company can measure the results of handling the currency risk in quantitative terms by evaluating the expense benefit analysis. The goal of the management is the lower the cost incurred by business to back up the management of other risk. It is considerably crucial that the expense of managing the danger needs to be lower than the expense of risk itself.
On the other hand, in case of the The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Solution, the supreme objective of the company is to decrease the probability of incident of the potential risk. If the company is not able to get away the incident of the threat, it could take procedures for the purpose of decreasing the negative effect of such threats so that the expense relating to the results of threat and the loses would be reduced to some extent. Generally, the impacts of the The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Analysis might not be determined in monetary terms, so it would be difficult for the business to compare the benefit earned and cost incurred in it.
The expense required to handle the environment risk is based on the ethical considerations rather than state requirement or need by the policy of the company. This in turn, supplies the sense of fact that it is among the unnecessary expenditure that is invest by the company, but it would bring preferable and positive advantages, hence improve the bottom line of the company in indirect manner. It is difficult to identify the environment cost due to the reality that it is embedded in the everyday operating expense.
Spending money on The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Analysis
If I would be at location of CEO of The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Help, I would be fretted that the line supervisors will not spend enough, it is due to the reality that the line management probably supplies the commitment of environment danger management that is lined up with vision and objective of the company. It is significantly essential to validate such dedication and dedication by the level of employee engagement and involvement. Not only this, the The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology health and wellness function should have an agent at the executive position/ leading management.
Nevertheless, it is not the director and the senior supervisor who plays important role in management of environment threat. The line supervisors likewise play vital part in the production and the upkeep of the health and safety within a company. it is essential to note that the senior supervisors and directors keen on keeping the safe place of work and complying with health and wellness legislations, the directors and senior supervisors would count on line managers to keep an eye on and implement such provision, not only this however also function as an avenue for the safety improvement recommendations and feedback from the employees.
It is significantly crucial that the line manager ought to be the people whom the directors and the senior supervisor would trust and would not be willing to compromise on health and safety for the function of achieving the particular targets in addition to making themselves look better while doing so. The line managers should invest quantity of loan on The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Help management. The line supervisors must be straight responsible for the protection of the employees within a company, public and the environment.
The management training that is gotten by line manager is important prior to taking up the role and the training in health and safety problems or the environment danger management should be included in the period of the line supervisors. Not just this, along with the training in management roles and responsibilities and different other related locations consisting of effective communication and management, health and safety courses which take a look at and lay out the duties of the line managers from the perspective of health and wellness should likewise be finished.
Soon, I would be stressed that line managers won't invest enough on environment risk management, because it is necessary for the business to lower its influence on the environment and improve its bottom-line. Ending up being sustainable and minimizing the waste would lead to waste, water and energy management savings. Not only this, it would also increase the earnings of the business through performance and efficiency gains.
Company capture risks
The environment and safety guidelines have been carried out by the Chevron Research and Innovation Center through establishing the Business, (a decision making tool) in conversation with the executives tends to handle downstream along with upstream operations. The Business offers support to the managers to focus on the jobs for the performing them and it likewise helps supervisors in undertaking the cost benefit analysis.
Often, it is not true of the benefits that the expense needed for handling the The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Solution jobs can be assessed in dollar values or monetary values. For instance; in case the benefit comes as a low possibility of the unfavorable or undesirable events, it is unclear that by just how much it would be minimized by the The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology spending. The level of damage is lowered in other investment since of the unfavorable event, however the qualification of the damage is challenging.
Despite the trouble in answering such questions, Company help handles in setting top priorities for managing the The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Solution. Essentially, the Company uses spreadsheet strategy. It tends to utilize various valuations tables and inputs sheets for the function of converting inputs into the dollar worths.
The supervisors are entitled to fill the input sheet for each threat reduction proposal with the details such as initial project capital expense, life of job or the length of time throughout which the benefits would be yielded by project and the event's description such as business disruptions, injuries and fire. The input probably compare customized and existing scenarios.
Significantly, the details is used by supervisors from the qualitative danger ranking metrics that tends to be included in the prior risk management procedure stage. All Of A Sudden, The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Help had effectively found Company reliable tool for quantifying the expense associated to the risk management propositions.
Recommendations to Keller about Company
After thinking about the assessment and expediency of Company along with its advantages, it is suggested that Keller ought to implement the decision making tool Company companywide due to the fact that the tool would help the managers to decide which tasks should be taken forts in order to reduce the danger.
It has been utilized by the supervisors at refinery for the function of increasing the returns on financial investment in management of the The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology Case Study Analysis. Not just this, it has actually enabled refinery to generate millions dollar worth of risk reduction advantages without any extra cost.
Executing Company companywide would yield different monetary and non-financial advantages to the business as a whole through helping with conversation about the The Hong Kong Jockey Club Transforming Customer Experience Through Information Technology damage and potential customers of the accidents in addition to about the relative significance and probabilities of the different sort of concerns or problems. Significantly, it would help the management of business in figuring out the efficient allotment of threat management resources, using which would permit the company to increase the general effectiveness of financial investment made in the risk management. Additionally, the business would understand the comparable level of savings in relation to the overall expenditure or overall properties throughout the company. Company would take full advantage of the revenue margins by comparing the anticipated worths of the jobs.
Quickly speaking, Keller needs to carry out the Company to efficiently handle the environment threat management and designating risk management resources in efficient way, thus increasing the efficiency of the risk management investment. It would improve the viability and sustainability of the project.
|Executive Summary||Swot Analysis||Vrio Analysis||Pestel Analysis|
This is sample work and not applicable to real case study. Please place the order on the website to get your own originally done case solution.