Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Solution
Home >> Ibs Center For Management Research >> Standard Chartered Banks Acquisition Of American Express Bank (A)
Standard Chartered Banks Acquisition Of American Express Bank (A) Case Solution
It is crucial to keep in mind that Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Analysis is among the valuable and prominent US based multinational energy corporation that has been engaged in practically every element of the gas, oil and geothermal energy markets such as hydrocarbon production and expedition, marketing, refining and transport, chemical production and sales and power generation. The company has actually attempted to predict itself as an organization which is dedicated to the environment protection. The business has actually done this openly through "The Chevron Method" document and through marketing.
Comparable to various other energy companies, Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Help faces considerable difficulties and risk in the regular organisation operations. It is significantly important for the company to be sensible about the cash that it invests on the measures used to manage such obstacles and threat, also the Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Help may clash with the withstanding tradition of decentralized management.
Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Analysis
The Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Help refers to the possibility of the environment deterioration owing to the human activities, which in turn leads to the indirect or direct damage to the people within an environment. The environment can be harmed due to the extensive use of resources, production waste, emissions, effluents and so forth. The factors affecting the environment likewise damages the goodwill and reputation of the company as a whole in the industry.
The risk is Chevron management is fretted about includes;
Risk of damage to the human health, natural surroundings, and the business profitability.
Environment externalities and its effect on the general public products at every value chain phase
The worth chain from the extraction of basic material to the pumps
Loss of credibility and goodwill
Cost of company disruption
Being the important and leading energy organization, and strong market image in domestic and global markets, the company had to attend to and deal with the functional difficulties. There could be the unfavorable and the negative impact on the security and health of the employee labor force, the resources used by business, natural environment along with the financial performance and viability of the business due to the fact that of the ineffective handling of the oil while in the production procedure.
The leak or spillage of the gas or oil at any production stage would be hazardous for both the company and animals and environment. For this factor, there must be a standardization of procedure so that the management of the business ensure that the security and health of employee is not at stake during the process o production. The fines and extra charges might be suggested by the nation's federal government and restrict some of the company operations and ban the organization for harming the environment.
Environment risk management
The executives or management of the business should not manage the environment risk as they have actually managed other danger consisting of financial risk due to the reality that the management or executives of the business can measure the results of handling the currency danger in quantitative terms by examining the expense benefit analysis. The objective of the management is the lower the expense incurred by business to support the management of other threat. It is considerably crucial that the expense of managing the risk should be lower than the cost of risk itself.
On the other hand, in case of the Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Solution, the ultimate objective of the company is to reduce the possibility of event of the potential risk. If the company is unable to escape the occurrence of the risk, it could take measures for the purpose of minimizing the unfavorable impact of such threats so that the expense referring to the effects of danger and the loses would be decreased to some degree. Usually, the results of the Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Help might not be measured in financial terms, so it would be difficult for the company to compare the advantage made and cost incurred in it.
In addition to this, the expense required to manage the environment risk is based upon the ethical considerations instead of state requirement or need by the policy of the business. This in turn, provides the sense of fact that it is one of the unnecessary expense that is spend by the organization, but it would bring desirable and favorable benefits, thus improve the bottom line of the company in indirect manner. It is difficult to determine the environment expense due to the truth that it is embedded in the daily operating expense.
Spending money on Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Help
If I would be at place of CEO of Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Analysis, I would be worried that the line supervisors won't spend enough, it is due to the truth that the line management more than likely offers the commitment of environment risk management that is lined up with vision and objective of the business. It is significantly crucial to verify such dedication and dedication by the level of staff member engagement and participation. Not just this, the Standard Chartered Banks Acquisition Of American Express Bank (A) health and safety function should have an agent at the executive position/ leading management.
It is not the director and the senior supervisor who plays crucial function in management of environment danger. The line managers also play vital part in the production and the upkeep of the health and safety within a company. it is crucial 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 supervisors to keep track of and carry out such provision, not just this but likewise act as an avenue for the safety enhancement ideas and feedback from the workers.
It is significantly important that the line manager ought to be individuals whom the directors and the senior manager would trust and would not be willing to jeopardize on health and wellness for the purpose of accomplishing the specific targets in addition to making themselves look much better while doing so. The line supervisors must invest quantity of money on Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Analysis management. The line managers need to be directly responsible for the security of the employees within an organization, public and the environment.
In addition to this, the management training that is received by line supervisor is essential prior to using up the role and the training in health and wellness issues or the environment danger management should be consisted of in the period of the line supervisors. Not only this, along with the training in management functions and duties and various other associated locations consisting of efficient interaction and management, health and safety courses which take a look at and describe the responsibilities of the line managers from the point of view of health and safety must likewise be completed.
Soon, I would be fretted that line managers won't spend enough on environment threat management, due to the fact that it is important for the business to minimize its influence on the environment and enhance its fundamental. Becoming sustainable and reducing the waste would lead to waste, water and energy management cost savings. Not just this, it would also increase the earnings of the business through productivity and effectiveness gains.
Business capture risks
The environment and security standards have been carried out by the Chevron Research Study and Technology Center through establishing the Business, (a choice making tool) in conversation with the executives tends to manage downstream along with upstream operations. The Business supplies help to the supervisors to prioritize the jobs for the performing them and it likewise assists managers in carrying out the expense advantage analysis.
Frequently, it is not real of the advantages that the expense required for managing the Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Help jobs can be evaluated in dollar values or financial values. ; in case the benefit comes as a low probability of the unfavorable or undesirable events, it is not clear that by how much it would be minimized by the Standard Chartered Banks Acquisition Of American Express Bank (A) costs. The degree of damage is lowered in other investment since of the unfavorable occasion, but the credentials of the damage is challenging.
No matter the problem in answering such questions, Business help handles in setting top priorities for managing the Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Solution. Basically, the Business utilizes spreadsheet method. It tends to use various evaluations 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 threat reduction proposition with the details such as initial job capital cost, life of task or the length of time during which the benefits would be yielded by project and the occasion's description such as business disturbances, injuries and fire. The input probably compare modified and present scenarios.
Considerably, the information is utilized by managers from the qualitative danger ranking metrics that tends to be incorporated in the previous risk management process phase. The supervisors also anticipate the probability of the unfavorable occasion more precisely in addition to more precisely and the degree of the damage so that the previous qualitative assessments would be supplemented. Suddenly, Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Solution had actually successfully discovered Company effective tool for quantifying the expense associated to the threat management propositions. The business has actually attempted to quantify the advantages through expecting the overall dollar impact of adverse occasion and deducting the sustained expense.
Recommendations to Keller about Business
After considering the evaluation and expediency of Business in addition to its advantages, it is recommended that Keller ought to carry out the decision making tool Business companywide due to the reality that the tool would help the supervisors to decide which tasks must be taken forts in order to minimize the threat.
In addition to this, it has been utilized by the managers at refinery for the purpose of increasing the rois in management of the Standard Chartered Banks Acquisition Of American Express Bank (A) Case Study Solution. Not just this, it has enabled refinery to generate millions dollar worth of threat reduction benefits without any additional expense.
Executing Business companywide would yield numerous monetary and non-financial advantages to the company as a whole through facilitating discussion about the Standard Chartered Banks Acquisition Of American Express Bank (A) damage and prospects of the accidents as well as about the relative significance and likelihoods of the various sort of concerns or problems. Notably, it would assist the management of company in determining the effective allotment of danger management resources, the usage of which would permit the company to increase the total effectiveness of investment made in the danger management.
Shortly speaking, Keller must execute the Business to effectively deal with the environment threat management and designating threat management resources in effective manner, hence increasing the efficiency of the risk management financial investment. It would boost the practicality and sustainability of the project.
Executive Summary | Swot Analysis | Vrio Analysis | Pestel Analysis |
Porters Analysis | Recommendations |
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.