energy to grow . new day bp, amoco, arco and castrol have all come together under a new mark, named...
TRANSCRIPT
new day
BP, Amoco, ARCO and Castrol have all come together under a new mark, named for the ancient Greek sun god – Helios
It is the new symbol for the new BP, and its interlocking parts represent the diversity of our people, products and services
We are, quite simply, an energy company – the second largest in the world
going beyond
Means serving millions of customers with energy – fuel for transport,energy for heat and light, solar power, and petrochemicals for plastics, fabrics and fibres
Means 100,000 people in 100 countries joining together to build a new brand of progress
Means developing automobile fuels that reduce pollution
energy from 6 continents
Each day we generate almost three million barrels of oil equivalent production, of which 62% is oil and 38% natural gas
We rank in the top 3 in terms of reserves in the global oil and gas industry
We have well established operations in Europe, North and South America, Asia, Australia and much of Africa
Our financial strength allows us to compete globally for large scale projects that offer the opportunity to create distinctive returns
serving our customers
BP products help to keep the world moving and each day we serve more than 10 million customers worldwide
In the United States, BP is the second largest marketer of gasoline with 17,150 service stations nationwide
The Amoco brand has been rated first in quality throughout its marketing area while the Arco brand is typically the leading gasoline marketer in western US
Customers can call on our fuelling services at more than 900 ports and 1400 airports
trading, supply and logistics
Each day we produce more than 1.9 million barrels of crude oil, 5.7 billion cubic feet of natural gas, and refine 2.8 million barrels of crude oil
Each day we sell and trade more than 5 million barrels of refined product
We own or operate 25,700 miles of pipeline,much of it in the United States and control an international tanker fleet of more than 40 vessels
As a result of this position and the group structure we have to trade and transport crude and refined products
ist (Integrated Supply & Trading)
Builds trading capability through people and systems which is applied to physical assets, trade flows, and relationships to create one face to the market
Brings together the procurement and placement of energy and other traded products related to BP’s core businesses
Objective: delivering net income and world-class risk management
what we do
Super Super SuperSuper
UnleadedLitre
LitreDieselLitre
****
Car wash
Retail
Commercial
Aviation
Marine
Exchanges
Coaster
Pipe
Rail
Road
EX RACKThird party road
Terminals
Crude Oil
RefineryShip
Pipeline
Rail
Exchange
example entry level role - commercial
Products scheduler- To assure that our products reach their intended customers
you’ll work closely with our shipping, refining, marketing and transportation business units
assume responsibility for scheduling pipe and water movements
managing inventory levels to ensure supply availability
reacting to changes in the volatile global oil market
example entry level role - commercial
Management Information Analyst –To help the management and trading teams manage their exposure
you’ll be responsible for calculating and reporting daily profit and loss
providing an independent check of market valuation
work closely with the trading teams to understand trading strategies and market dynamics
commercial roles in trading and supply
Trader – physical crude or products
Futures and options executor
Derivatives trader and marketer
Trading analyst
Scheduler – crude and products
Pricing Analyst
Supply Balance coordinator/Refinery Trading coordinator
Business Development negotiator/analyst
example entry level role - finance
Financial settlement Operator
Responsible for the timely and accurate invoicing, payment of sales and purchase activities
Work closely with traders and schedulers to understand deal dynamics to optimize cash flow and profit
Responsible for cash collection
Work closely with industry counterparts
example entry level role – finance
Inventory Analyst
Responsible for monitoring and reconciling inventory positions at terminals and other transportation facilities
Developing performance measures
Work closely with schedulers and traders to develop knowledge of terminal supply operations
Ensure inventory positions are as accurate as possible so trading exposure positions can be worked for optimal financial return
financial roles in trading and supply
Controller
Exchange Analysts
Financial Analysts
Team Leads/Managers
Trading Analysts
Futures and options accountant
Loss Analysts
Pricing Analyst
DEVELOPMENT FRAMEWORK
Individual Contributor
Team Leader of Business, Technicalor Functional Team
BUL or FunctionalLeader at Band D
BUL, Head of Function VP, EVP
RoundedProfessional
Core / LeadershipCompetency Framework
Graduate EarlyDevelopment Process
Core CompetencyFramework
?
‘Experienced’ EarlyDevelopment Process
Recruitment against Graduate, Job Specific, Core & / or Leadership competencies
University Hires Experienced Hires
? ?
Early ‘ProfessionalAssessment Centre
Assessment ofLeadership Potential
Leadership EnhancementAssessment & Development
Competency Framework
How they fit together
Thinking
Drive
Business Sense
Working Together
Influence Leading People
Partnership & Teamwork
Business Awareness
Performance Bias
Wise Decisions
Innovation
Encouraging Multi-Disciplinary Teamwork
EnvironmentalSensitivity
Creating a Performance Culture
Providing Context &Imbuing Passion
Creating InnovativeStrategies
RECRUITMENT CORE EXECUTIVE
Early Development Activities
Induction / Orientation Group Integration
University
Recruits
Experienced
Recruits
0 - 3 Years
Standard Web-based Framework:* Central ‘Standards’* Global / Regional / Local Business Stream Delivery
0 - 12 Months
Standard Web-based Framework/Guidelines:*Central Standards / Guidelines*Regional / Local Business Stream / Unit Delivery
2 - 6 Years
Group Integration Programme (existing)*Centrally Managed/delivered*Continue, 6pa
6 – 24 Months
Group Integration Programme (new)*Central designed/managed*Pilot 2000 (2 in U.K)* Regional delivery, 2001
employee commitments
Know what is expected of them in their job
set annual objectives
set in a business context
Have open and constructive conversations about performance
conduct annual performance appraisals
provide ongoing feedback on performance
employee commitments
Be fairly treated
advertise all jobs below group leadership level
select for opportunities based on merit
use team selection
prohibit discrimination in workplace
employee commitments
Be helped to develop capabilities
create development plans
provide training
use job placements to facilitate learning and development
Be listened to and involved in improving teams performance
Conduct upward feedback for team leaders annually
employee commitments
Be recognized and competitively rewarded for performance
offer market-based pay and benefits
tie pay to organizational performance with VPP
tie pay to individual performance with spot bonuses, high performer bonuses, and differentiated salary increases
what we stand for
Excellent and ethical business performance
Benefit to the wider community – individuals and society through our business performance
No accidents in our operations, no harm to people and no damage to the environment
going beyond
We believe our company ought to be a force for good in the world
The diverse people who are BP will increasingly make our company distinctive, by challenging how we think, what we do and how we do it
If you are someone that wants to make a difference BP is the place for you
To learn more visit us at www.bp.com