¶ … company called YPF. The company is noted to suffer from several problems associated with culture change and the need to remain competitive. We therefore begin this work by presenting a problem statement as well as a presentation of the specific problems that affects the operations of the company. We then proceed to the presentation of the alternatives solution for each of the problems that are facing the company. A conclusion is then presented on how to best tackle the issues of organizational change (change management strategies). An implementation of the solution to the problems is then presented in a detailed and systematic manner.
YPF S.A is a company which has undergone a series of changes to its leadership, organizational processes, business processes as well as organizational policies since its inception. In this paper, we present an in-depth analysis of the organization. The company is noted to suffer from several problems associated with culture change and the need to remain competitive. We therefore begin this work by presenting a problem statement as well as a presentation of the specific problems that affects the operations of the company. We then proceed to the presentation of the alternatives solution for each of the problems that are facing the company. A conclusion is then presented on how to best tackle the issues of organizational change (change management strategies). An implementation of the solution to the problems is then presented in a detailed and systematic manner.
Problem statement
Ever since YPF S.A was formed, it has suffered from a series of drawbacks as a result of its operating environment. The company's main problem at the moment is however related to the fact that it is faced by a major change in its organizational culture. The privatization, mergers and acquisitions, loss of a transformational leader as well as the creation of new organizational processes and policies has created a resistance to the change process within the organizational framework. Other than this, the company is also faced with a myriad of problems such as;
Resistance to organizational change
The changes within YPF's human resource function
In order to achieve better performance outcomes as well as realize its strategic intentions, YPF S.A initiated a radical change to its organizational design as well as the HR structure. The programs included' promotion from within, identification as well as development of high potential performers, management by objective (MBO), peer recruiting from certain targeted universities, customized training of all of the professionals as well as pay for performance within the entire organization.
Environmental issues:
YPF is faced with a dilemma on how to best formulate strategies as well as practical implementations plans that would enable it to enhance the level of its economic performance.
The environmental challenges facing the company are climate change, carbon as well as the emission of other forms of greenhouse gasses. The concept of energy efficiency is another area of concern for the organization. The company will face series challenges in regard to issue of environmental protection such as maintenance of good air, water and land quality.
Price
This is another challenge for YPF will face, extractive and power companies are cyclical businesses driven by commodity price fluctuations and prices could grow substantially or not. There is no way to predict it or control it. YPF should keep production costs low.
Oil & Gas discoveries
The world's suppliers of oil and gas aim to provide reliable and affordable supply of energy needed to grow the global economy, and to do so without harming the environment. However it's getting harder and harder to find oil and gas, oil and gas reserves are becoming more difficult and more expensive to find and exploit. These areas are far distances from consuming market. So YPF should find an economic ways to solve this problem.
Social and Employee Retention
Social challenges include providing good wages and healthy, safe working conditions to respect for human rights and a commitment to community development. Retaining top talent is the cornerstone of any great recruitment strategy. The ability to retain employees in oil and gas companies is more important now than ever. With growing demand for energy, companies need greater production and a larger workforce. So retain the experienced workforce and their knowledge and skills, is crucial to the future of the industry.
Pipeline integrity
This is an ongoing concern. Aging infrastructure and environmental conditions all can threaten the supply of oil or gas pouring through miles of pipeline. It is also finding it more difficult to locate new pipeline; there are environmental and social concerns blocking new developments or expansions.
Scarcity of Natural Resources
The fact that the company deals in products which are finite means that it has to try to reinvent itself into a sustainable business model.
Political interference
Various forms of political upheavals within...
A large body of literature has treated many different aspects of these influences on Asia, Europe and the United States (Busser & Sadoi, 2003). The importance of the study relates to the current trends taking place in Libya where aggressive steps have been taken in recent years to normalize relations with the international community. For example, Libya opened up its programs to develop weapons of mass destruction to international
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