Business Analysis Assignment

Added on - 29 Apr 2020

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Running head: BUSINESS INFORMATION ANALYSISBusiness Information AnalysisName of the Student:Name of the University:Author Note:
1BUSINESS INFORMATION ANALYSISContentsBackground of ADNOC..................................................................................................................2Business Problem of ADNOC.........................................................................................................2Research Question...........................................................................................................................3Research Objective..........................................................................................................................3Literature Review............................................................................................................................3Quality of the Gathered Information...............................................................................................6Gaps in Knowledge..........................................................................................................................8References......................................................................................................................................10
2BUSINESS INFORMATION ANALYSISBackground of ADNOCAbu Dhabi National Oil Company (ADNOC) is one of the leading producer in energyproducer and is regarded as the primary catalyst for the diversification and growth of Abu Dhabi.It is the 12thlargest producer in the world and it produces 3 million barrels per day. ADNOCowns 68% equity share in GASCO. The company has more than 100 service stations acrossentire UAE. It also sells aviation fuels and other lubricant of its own brand to the Gulf regions.The operations of ADNOC fulfill every aspect of the processes in the petroleum industry. Thecompany has offered fraud job opportunities of the people and the HR of ADNOC tried tomisguide the people and made false promises to them. It has also been found that the peoplewere unwilling to join the company despite being offered competitive prices than othercompanies. There were various problems related to the code of conduct of the company (Deming2017).This paper will highlight the business problem faced by ADNOC and how the problemwas identified in the company. A literature review will also be discussed in the paper. The paperwill also discuss about the research objectives and the solutions to the problem which was facedby the company.Business Problem of ADNOCThe HR department of ADNOC had to face challenges in recruiting the skilled people.Despite offering competitive prices, it was difficult to find skilled local employees who hadqualifications in chemical, petroleum or mechanical (El-Gharbawyet al. 2017). The employeeswho are hired are mostly contractual and they quit the job in a short span of time. There are also
3BUSINESS INFORMATION ANALYSISproblems related to safety issues. The employees who are hired on contractual basis wereunwilling to get engaged in risky jobs such as drilling and many more (arabianbusiness.com2017).Research QuestionWhat are the challenges faced by ADNOC in recruitment of its employees?Research ObjectiveIn order to find out the solution of the above research question, the objectives mentionedbelow has to be met:a. To investigate the problems which are faced by the employees who join ADNOC.b. To find out why local workers were not willing to work in the company despite beingoffered competitive prices .c. To find out the factors which were responsible for the recruitment of the employees.Literature ReviewAccording toAlkhalafet al (2015), there were challenges which are faced by theemployees in oil and gas industry. There was deficiency in the supply of people in the oil and gasindustry and the aging demographics including a large number of retirees. To overcome thesechallenges, the oil and the gas industry had to implement a talent management strategy byutilizing a competency based approach.There are talent crunches in the oil industry. Moreover,there is shortage of skills due to small population. There are also very few employees whopursue their education in science stream. There were also higher percentages of women who are
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