The purpose of this report is to state a mission, vision and core values for the international oil& gas company Kulczykoil Ventures Inc. (KOVI) and to discuss their implications. To this end, the report includes the following: overview of the company and my role in the company, recommended mission statement and vision, defined core values and companies’ strengths and examples of how KOVI’s mission, vision and core values impact its corporate culture and public image and how is company performance is aligned with stated mission and vision. The company overview is provided in the Appendix 1.
The quick research of company corporate information showed that KOVI doesn’t have stated Mission, Vision, corporate values, company strengths and strategic goals are not clearly defined. The following mission, vision and core values are recommended. KOVI’s mission statement: As an international energy explorer and upstream company Kulczykoil intends to exploit and produce commercial hydrocarbons in underexplored regions utilizing sound fiscal management and fair ethical standards to all its’ stakeholders, company personnel, join venture partners, impacted communities and most importantly both the Host and Home governments.
Introduction This assignment is prepared to find out the mission, vision and value statements of some organizations from different industries. In this assignment I will also try to find out whether these firms put emphasize on quality in their vision and mission statement. This report looked into the mission, vision and value statements of McDonald’s, Bank of America, Rangs Group, BRAC University ...
Company vision: The company’s success is predicated upon the core employees ability to understand the organization’s goals and objectives and to collectively work together as a team to achieve and provide economic value to the enterprise and increase the value of the resources entrusted to us by the shareholders whilst ensuring company values. KOVI’s values: •Challenge – We understand and identify differences, but continue pool together differences to achieve success for all concerned… Respectfulness- We fully respect the rights, dignity and customs of local communities, employees and their families •Inventiveness – every day we seek new opportunities and off standard solutions… •High Performance – We strive to continuous improvement of our performance, •Partnership – We have an unwavering commitment to being a good, reliable partner… •Safety of operations – We intend to promote the safe and rational management of natural resources and to minimize the impact of our business activity on the environment and restore its original conditions whenever possible.
Company success in Ukraine during the last three years (Appendix 2) is a good example that the company cares about its public image and its activities are aligned with the stated above mission and vision and values. My positing in the company (appendix 3) is very demanding, involves communication and collaboration with various countries and sensitive cross cultural issues, is the norm each day, requires fast-track performance so it is almost impossible to succeed without following the core values.
Conclusion: The company research clearly demonstrates that KOVI is a young company and corporate culture is only on development stage. Mission and vision haven’t been clearly stated, but the corporate strategy and goals were defined, corporate policies (Business Conduct& Ethics, disclosure policy& Procedure, Insider Trading policy, whistle blowing policy and etc. ) were developed, the past operations of my company show that we conduct our business in a socially responsible and ethical manner.
We respect the law, protect the environment and benefit the communities where we work. I believe that the recommended mission, vision and values will provide a better understanding of the company, its uniqueness and its competitive advantages and will benefit for further cultivation of corporate culture and will ensure that employees at all levels share the common understanding of KOVI’s strategic goals and objectives.
APPLE 2002 CASE ANALYSIS STUDENT NUMBER 899 Executive Summary Apple began with the mission to "change the world through technology." More specifically, the company sought out to make the personal computer an accessible and affordable device to the mass market. The proliferation of new software and hardware technology drastically changed the landscape of the industry and Apple adopted a ...