Management Planning Presentation

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Date Submitted: 09/19/2011 01:26 PM

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Management Planning Presentation

Bp Mission

• "Progressive - We believe in the principle of mutual advantage and build productive relationships with each other, our partners and our customers.“ "Responsible - We are committed to the safety and development of our people and the communities and societies in which we operate. We aim for no accidents, no harm to people and no damage to the environment.“ "Innovative - We push boundaries today and create tomorrow´s breakthroughs through our people and technology.“ "Performance Driven - We deliver on our promises through continuous improvement and safe, reliable operations."

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• •

BP Overview

BP is an oil, gas, petrochemicals & renewables company We employ 79,700 People as of 31 Dec 2010 …operations on 6 continents and in over 100 countries

Sales and other operating revenues1$297,107 million (year 2010)

…22,100 service stations worldwide

Market Capitalization $138.4 billion (at 31 Dec 2010)

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Where we have come from

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Management Functions

• Organizing -is assembling and coordinating the human, financial, physical, informational, and other resources needed to achieve goals. • Planning -is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals. • Leading -is stimulating people to be high performers • Controlling -Monitors performance, and implements necessary changes.

Management Levels

• Strategic- Outward looking, uncertainty, Long range. • Tactical- Wide ranging, short term ,work towards organization goal. • Operational- Predictability, rules, certainty.

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Strategic Information Needs

Senior managers plan and asses the...