Abu Dhabi National Oil Company
Abu Dhabi National Oil Company is considered the most significant oil company in the United Arab Emirates whereby it is ranked among the top ten across the globe. ADNOC operates in partnership with numerous internal oil firms to supply substantial amounts of hydrocarbon production daily. Before the development of Abu Dhabi National Oil Company, the Emirates happened to be entirely dependent on international oil companies throughout the board; from researching to discovering and marketing of the natural resources whereby it left only a small portion for the economy of Abu Dhabi. Currently, the ADNOC holds management over the entire energy business sector in the United Arab Emirates from the survey to exploration, refining, drilling, processing, distribution, exports, and local transportation.
ADNOC conveys 17 subsidiary firms within the different fields of oil, gas, crude oil, gas, and the petrochemical sector as well as gas distribution services. ADNOC established its first fully-owned drilling firm, which took over the majority of the nation’s drilling businesses. Presently, ADNOC is the nation’s most substantial petroleum construction organization establishing refineries, fields of oil as well as other associated installation in the Emirates and overseas.
Abu Dhabi has made substantial success in the supply of gas for both electricity productions, industrial requirements including for reinjection into reservoirs to enhance the recovery of oil. One of the fundamental successes of ADNOC in gas has been gleam recovery of gas from fields of oil comprising refineries. Abu Dhabi is regarded as one of the globe’s highest owners of gas reserves whereby ADNOC’s gas establishment entails both onshore and offshore initiatives. ADNOC’s structure focuses on it being the parent firm conveying three more firms under its umbrella with 17 subsidiary institutions that serve an appropriate approach. Consequently, ADNOC is entirely occupied by the national government and operates on its regulations. The optimum output within the development of the stability of the economy originates from ADNOC’s firm.
ADNOC Recruitment Process
Various institutions convey distinctive and diverse working plans that model their hiring relationship like structural attributes as well as sharing mechanisms at the place of work. Creation comprising an implementation of the company as well as national regulations in regards to different workplaces against employees’ safety significantly create integral part industrial associations. Every institution has the responsibility to make sure that they convey good terms of employment for all workers. The government is required to monitor how companies are treating their employees. The respective authorities of nations which convey full force on employees are required to cooperate to make sure that there exist peaceful industrial associations among foreign workers. Within ADNOC, it was discovered that the organization conveys a department for the welfare of employees. This unit of the organization is an essential instrument for making sure that all workers can exchange information quickly and at ease with their employer within all issues concerning the employment state.
Across Abu Dhabi and throughout UAE, Abu Dhabi National Oil Company conveys departments for worker welfare which are mainly managed by subsidiary companies. All workers in ADNOC enjoy quite numerous liberties regardless of one’s nation of origin. ADNOC employs new talent utilizing the procedure and guidelines of the Group National Recruitment Program. The Group National Recruitment Program unit first analyzes applications that have been submitted. However, citizens of the United Arab Emirates will be prioritized during the application as some posts have been sustained particularly for them. Nevertheless, this is considered as discrimination towards individuals of another country. In typical situations, recruiting is dependent on the knowledge including skills. ADNOC also conducts interviews with potential employees whereby within the interview it entails matters such as technical skills, experience, ability to learn, formers history of employment, as well as former exposure in associated initiatives. At ADNOC Company, workers with the least positions can essentially be recruited without going for an interview. Accordingly, training happens to be integral in making sure that workers obtain important skills and techniques needed to operate their duties. Training results in growth because it provides a better recognition of the duties that employees are required to conduct. Training can be utilized to examine whether the laborers are suitable to operate a particular task. Abu Dhabi National Oil Company provides extensive coaching to its workers include external visitors who wish to be part of the firm.
ADNOC Company makes plans and pays the loans of workers as it sets asides their salaries within their accounts. Abu Dhabi conveys an office that monitors the movement of all who visit from foreign nations. This office arranges and requires the flexibility of the employee travel organization such as flight tickets. This is attained by the issue of unique recognition which s identified by all essential government authorities. Every commercial firm conveys a prime responsibility of making sure that its workers are well catered for within the system of health, Henceforth, Abu Dhabi National Oil Company conveys a nationwide scheme of insurance that covers the employees’ health risk. The health insurance plan entails two extensive branches namely the domestic regulation for all individuals with Arab origins including the international regulation which serves the employees from foreign countries and regions. The residence terms within Abu Dhabi are precisely highlighted within the firm’s regulations for workers regardless of their place of origin.
All ADNOC chief executive officers, managers, engineers, and consultants of the company convey permanent employment enjoy retirement benefits. Abu Dhabi National Oil Company has an effective and standardized consideration plan which operates according to United Arab Emirates boundary legislations. Compensations including appraisals are conducted according to the employee’s performance. Workers holding senior posts happen to be equipped with computers and stock options while hardworking employees are motivated and praised for the great work done. Furthermore, payments are analyzed based on the post held by the employees. Laborers conveying substantial load of work or duties are adequately compensated to make sure that they are empowered and satisfied. The system of appraisal is utilized not only to toast for exceptional performance but also to enhance weak performance.
Human Resources Management Strategies
Low Price Strategy
Abu Dhabi may select to compete by selling products at reduced costs, however, the company must assure that is operating expenses are as low as possible to exploit maximum profit. In given instances, it is essential to obtain human capital from independent contractors. In this manner, ADNOC is capable of reducing human resource costs. When integrated with other approaches to minimizing business costs, the firm may attain substantial profits.
Employee Participation Strategy
Highly-skilled workers may allow the organization to achieve a superior item that will be incredible thus enabling the institution to premium charge. This happens to be common in situations of luxury items including services. Moreover, most opposing firms are contending established on the success of their products and services. Although it might be expensive to employ, grow, and sustain highly successful employees who can improve substantial worth to the firm, the cost may be directed to the consumers in terms of premium pricing.
Differentiation Strategy
Various perspectives can provide useful concepts concerning how Abu Dhabi National Oil Company can vary its goods including services. These profitable concepts can originate from any place. For instance, members of the advisory board, part or full-time workers, as well as equity partners may frequently be a rich source of authenticity. The Human Resources department of Abu Dhabi National Oil Company comprising internal culture is prominent for nurturing worker invention by offering various employees some time off to focus on ventures of their interest.
Challenges ADNOC is facing
Sulphur happens to present ADNOC with a substantial challenge particularly if the pipes leak and the gas are released in the air. When individuals inhale Sulphur it can cause significant irritation on the nose and throat. Accordingly, it might lead to a life-threatening collection of fluids in the lungs. ADNOC has caused a lot of public uproars several times due to sulphur pipe leakages. Modeling long pipelines of sulphur there should be enough support and permission for thermal expansion. The special challenge is that when temperatures are not adequately maintained sulphur will freeze whereby if it freezes in the pipelines it can take many days’ even weeks to thaw. This causes the company to lose a lot of revenue for the days, not in operation.
The historic drift within the consumption of energy, integrated with the steady adoption of advanced technologies, tend to be generating new challenges for the worldwide gas and oil sector as it adjusts the speed to meet the increasing energy demand. As more individuals are becoming more concerned with the environment and the effects of carbon on global warming and are turning to devices that are carbon-free, ADNOC’s future is not very promising if they do not do something concerning the issue.
Also within the same aspect, it was clear that the percentage of science streaming students was reducing rapidly. Consequently, it was noted that there was a shortage of skills due to the reduced population. This industry requires students who are vast with science subjects as it entails a survey and exploration, refining, drilling, and processing. These are scientific processes that require the evaluation and monitoring of highly skilled scientists involved within the daily operations of ADNOC. Having a reduced number of students engaging in science subjects substantially threatens the future of ADNOC as it will have a limited number of professionals at their disposal. Also, it was noted that there was a shortage of skillful workforce due to the reduced number of vocational institutions conveying significant demand for technical careers such as engineering.
The model of the sulphur pipe should consider various alternatives for the heating system. The model, installation, and preservation of the pipeline insulation including jacketing are also essential. Weak or missing insulations will lead to substantial loss of heat resulting in freezing in the pipeline. Reducing the number of flanges is also an effective exercise. Flanges are possible leak areas and there is the possibility that leaking sulphur would ignite.
ADNOC is recognized for applying the latest technology, big data as well s artificial intelligence to propel the objectives of the company further. ADNOC needs to develop new approaches to utilizing its product and services through the integration of technology and skilled workforce. Companies like Tesla are discouraging the use of carbon products by generating an electric vehicle thus ADNOC can significantly invest in science and research to generate modern approaches of technology of conducting business.
ADNOC has obtained numerous wealth and investments over the years during its operation. ADNOC has the potential to change the attitude of individuals concerning undertaking technical courses through investing in education. ADNOC can launch various learning and training institutions that primarily focuses on the products and services that the organization is providing. Through this, ADNOC can be able to outsource talent from its various institutions also it will obtain a very highly-skilled workforce.
Abu Dhabi National Oil Company’s general institutional culture allows it to achieve exceptional outcomes out of its operations. ADNOC is regarded as one of the topmost successful oil companies across the globe whereby they offer various products and services. The company conveys effective recruitment including a selection system that significantly attracts highly skilled professionals. Also, ADNOC has been careful to establish Human Resource strategies that will assist it to achieve market leadership and obtain a competitive advantage.