Friday, February 21, 2020

Balancing Life and Responsibility Research Paper

Balancing Life and Responsibility - Research Paper Example The project involved operations in different locations. While operations within the office majorly required office work, field operations were more involving and subjected team members and their supervisor to adverse conditions such as cold weather and dust. It was therefore equitable to alternate team members between office and the field for a fair experience. My two project supervisors were therefore expected to alternate but one of them reported allergic reactions that could not allow her to work in the field under the then conditions. The other supervisor equally needed a break from the field as members of his team were accorded. This created a dilemma because while each of the supervisors’ needs was justified, I did not have extra personnel to supervise the field apart from the two. I therefore had the option of compelling the allergic supervisor to honor her contractual obligations and go to the field or to protect her life by compelling the other supervisor to work in t he field since that was still part of his contractual obligation (Badaracco, 1998). I applied a directive approach of situational leadership to resolve the dilemma (Blanchard, 2008). I balance my professional identity and personal identity by avoiding conflict of interest in my professional scope of work and avoiding personal attachments to involved processes. This is because personal identity involves personal traits with emotional attachments and a conflict with professional identity may undermine decision-making and compromise professional roles. I therefore ensure a balance between the two identities by being emotionally sober and ensuring that I identify organization’s interest and policies in every decision (Badaracco, 1998). Professional identity and personal identity are different in their scope of development and application. Personal identity is derived from social setups and experiences and majorly applies to family setups and informal

Wednesday, February 5, 2020

Development in Oil and Gas Retail industries Essay

Development in Oil and Gas Retail industries - Essay Example The standard for spot prices for crude oil is considered as Brent crude oil. The prices of crude oil in the Brent crude oil index have been varying from $100 to $115 since 2012. In this period the supply of the liquid fuel has increased in the countries of North America especially the USA and Canada. However there has been an equivalent drop in the production and sell of crude oil from countries of the North Africa and some countries in the Middle East. While increase in supply from USA and Canada have brought into the market an additional 4 million barrels per day of crude oil since 2008, supply disruption and outages in North Africa and Middle East have largely offset this effect and prevented the prices from falling down. It is estimated that unplanned oil production outages have caused an average of 2.7 million barrels per day over the past two years and another fact is that the outages have increased from 1.8 million barrels per day in 2012 to about 3.5 million barrels per day i n May 2014. The main outages have been caused by OPEC countries such as Libya and Iran and non-OPEC countries such as South Sudan and Syria. The most problematic factor and the riskiness of the matter is that it is very difficult to predict when the supplies will return to normal levels given the geopolitical tabulations that are going on in these countries. The demand for oil has remained on the lower side in the recent years and this has contributed to the oil prices remaining stable for a large part of the recent years. The demand growth from countries outside the OECD has slowed down due to the fact that economic growth in the countries such as China, India, and Brazil has decreased in the recent years. The slower growth in the economies of these countries has correspondingly seen a decrease in the demand of the liquid in comparison to the past two decades. The consumption of liquid had reached a peak of 50