The paper 'Innovation Management - Abu Dhabi National Oil Company " is a good example of a management case study. The Abu Dhabi National Oil Company is one of the largest oil companies in the Middle East and in the world at large. It is a state-owned corporation dealing in petroleum products and their exploration in the United Arab Emirates. It was founded fin 1971 and has tremendously grown to one of the largest oil companies in the region. The company mines, processes and distributes oil and gas all over the world.
It explores the natural resources in the country and exports them to different parts of the world. The company process over 2.7 million barrels of oil in a day. This shows that the magnitude of their operations and the scale at which the company operates. The company has been in existence for over forty years and this has enabled it to survive in a dynamic environment. Operating on such a huge scale calls for the usage of resources and management practices that allow innovation and room for growth. The company has based its operations on ensuring that they meet the needs of the market and at the same time they carry out their activities in a socially responsible way that ensures environmental sustainability.
The company has been rated highly in terms of occupational health for its workers and environmental sustainability that other companies in the region could emulate. ADNOC also has several subsidiaries that help it to operate in its wide scope by capturing different aspects of the petroleum industry (ADNOC). Background For the company to achieve such success and high ratings over time, it has taken numerous efforts and challenges for r and managers in the companies.
Being a state-owned institution, it has had to deal with the political perspective of the business compared to other privately-owned companies. With a growing demand for energy all over the world, countries in the Middle East have been forced to improve their product delivery systems to meet the worlds growing demand. The demand for oil especially, has seen prices skyrocket over the last decade. This has been despite the increased production rates that all major produces have affected.
ADNOC. Abu Dhabi National Oil Company. n.d. 28 October 2013
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