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Organisational Structure, Internal and External Forces, Risks and Business Practice Decisions of Inpex Australia

   

Added on  2023-06-14

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MANAGEMENT
AND
BUSINESS CONTEXT
Organisational Structure, Internal and External Forces, Risks and Business Practice Decisions of Inpex Australia_1

1
Contents
Introduction...........................................................................................................................................1
Organisational structure of Inpex.......................................................................................................2
External and internal forces that impacts their business....................................................................2
Risks that is confronting the business................................................................................................4
Business practice decisions that enhance organisational performance...............................................4
Functions within Inpex that will help them in achieving its strategy.................................................5
Conclusion.............................................................................................................................................5
REFERENCES......................................................................................................................................6
Introduction
In the present business environment it is essential for any company to have proper
understanding of the ways in which they are doing their business. Companies also need to
Organisational Structure, Internal and External Forces, Risks and Business Practice Decisions of Inpex Australia_2

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understand the capabilities it has and the structure it is following. Firms also need to calculate
the risk factors that are associated with their business so as to make plans for eliminating it
(Van Der Aalst, La Rosa & Santoro, 2016). They also need to make sure that they take
decision that may help in enhancing their organisational performance. Organisations have
different kinds of functions so as to achieve their business strategies. Inpex Australia is one of
the largest oil and Gas Company in Australia. It deals in the business of exploration and
production of Oil and Gas. This report highlights the organisational structure of the Inpex
Australia as well as the internal and external environment surrounding their business. It also
illustrates about the risk that is faced by the Inpex and the steps that are taken by them to
improve their performance.
Organisational structure of Inpex
A company must have an organisational structure that can support the business it is
dong (Schermerhorn, Davidson, Poole, Woods, Simon & McBarron, 2014). It must support
its mission and Vision. Inpex is an organisation that is having vision to become a global
leader in international oil and gas Exploration Company by the means of sustainable growth.
More than 2000 workers are employed under the project named Ichthyns LNG in the
Australian location. There are leaders at the top most of the company and the lower levels
there are various departments that help them in managing their work efficiently. Leaders
consist of Board of directors below which there is an executive committee. Each department
has managers that checks and assign the duties to lower level of the employees as per their
skills. Apart from this there are many other departments present in the company having
different kinds of roles like maintaining CSR, compliances committee, information security
committee etc. These departments have the role of watching every other department under
them or parallel to them.
External and internal forces that impacts their business
There are several internal and external forces that are impacting the business of Inpex
Australia. It is crucial for the company to understand their impact on their business so as to
take steps for avoiding it (Griffin & Pustay, 2012).
Some of the external forces that may impact their business are as follows:
Organisational Structure, Internal and External Forces, Risks and Business Practice Decisions of Inpex Australia_3

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