schlumberger
Transcript: Schlumberger Limited is the world's leading oilfield services company supplying technology, information solutions and integrated project management that optimize reservoir performance for customers working in the oil and gas industry. Founded in 1926, today the company employs more than 110,000 people of over 140 nationalities working in approximately 80 countries. GUIDING PRINCIPLES our values, conduct and behavior our commitment to customers code of ethics corporate governance workforce diversity SWOT STRENGHTS One of our greatest strengths is the diversity of our workforce. Our people is worried about customer service worldwide. Schlumberger invests more each year in R&D than all other oilfield services companies combined. Schlumberger Foundation Recognizing the link between science, technology, and socio-economic development. Our innovation and technical excellence. WEAKNESSES •Some procedures that Schlumberger performs are harmful for the environment •Procedures must be precised in order to avoid future mistakes. •As Schlumberger is a transnational corporation managers have a direct responsibility in their decision making OPPORTUNITIES •Technological advantages make innovative procedures and processes. •The environment offers the necessary resources for Schlumberger to explode them. •Diversification in terms of gender, race, age and culture increases knowledge in every department of the company. •Our high economic conditions facilitates training, employees and research and development Other alliances and agreements. THREATS Enviromental regulations political risk Dependence on the level of expenditures by the oil and gas industry Objectives Adding value to our customers STRATEGIES Reflecting our belief that diversity spurs creativity, collaboration, and understanding of customers' needs. we create value through unique quality products and innovating softwares Competitive Advantage STRATEGIES Schlumberger offers its clients four key advantages: Deep domain knowledge of exploration and production operations gained through 75 years of experience The service industry's longest commitment to technology and innovation through a network of 25 research, development, and technology centers A global reach in more than 80 countries coupled to strong local experience and the diversity in thought, background and knowledge that more than 140 nationalities bring A commitment to excellence in service delivery anytime, anywhere. Technology leadership growth STRATEGIES Schlumberger has always invested significant time and money on research and engineering as a long-term strategy. Schlumberger invests more each year in R&D than all other oilfield services companies combined. General Environment Economic Interest Rates Stock Market Fluctuations Changes in the Economic Cycle Technological New technology and processes in the competition Political and Legal Depends on the country's changing laws Governmental institutions such as: EARTH ACTION, GREENPEACE INTERNACIONAL, WORLD WILDLIFE FUND Different states are incharge of assigning virgin territories Demographics Available territories in which crude oil extraction is allowed Level of education is important for their workforce. We search for special talents such as geologists, geophysists, petrophysists, engeneers. Socio-Cultural Ethnic groups that are located in rural areas assigned to petroleum research. Population growth. Concern about the environment. Competitors http://finance.yahoo.com/q/co?s=SLB+Competitors Porter´s 5 forces Nature of competition 1. How big and strong your competitors are relative to you. 2. competitor's weaknesess. 3. features on your product or service. Competitive Advantage New entrants Entry barriers Easy to enter if ... Difficult to enter if... Easy to exit if... Difficult to exit if... Switching costs Substitutes Suppliers Specific Environment Strategic alliances and customers Labor Gender Diversity Nationality Diversity Family and Work Life Dual Careers Technology SIESMIC DRILLING CHARACTERIZATION COMPLETIONS PRODUCTION WELL INTERVENTION Regulators Different NGOs, such as Worldwide Intergovernmental Panel on Climate Change (IPCC) United Nations Environment Programme (UNEP) Earth System Governance Project Global Perspective Schlumberger manages its business through 35 GeoMarket regions, which are grouped into four geographic areas: 1.North America. 2.Latin America. 3.Europe. 4.Africa. 5.Russia. 6.Middle East. 7.Asia. The GeoMarket structure offers customers a single point of contact at the local level for field operations and brings together geographically focused teams to meet local needs and deliver customized solutions. Working together with the company's technology segments, the GeoMarkets provide a powerful conduit through which information and know-how flow to the customers, and through which Schlumberger engineers and geoscientists maximize technological synergies over the entire life of the field. Local perspective Governmental laws and