Aramco Case Study

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Saudi Aramco
Introduction
Saudi Aramco is considered to be one of the best and top oil companies worldwide as it explores oil, gas and other type of natural resources such gold and coil (Dipaola & Mahdi 2017). Saudi Aramco is 100 percent owned by Saudis government and it was established back in 1933. Nowadays, Saudi Aramco is number one oil producer and it holds and manages two third of oil crude oil that we have in this planet (Raval, 2016).. This paper will focus on Saudi Aramco and the way it expresses its vision statement, mission statements, and strategy plus how they are aligned with the top management and leadership. Also, this research will examine how the mission statement, vision statement, and strategy have influence on Saudi
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Finally Saudi Aramco mission statement tells the reader that it is an exploration company and it manage all natural resources in Saudi Arabia and it welcomes all investors to join it and dig for possible opportunities. Aramco mission statement addressed what to do, to whom, with what benefit and the top management philosophy. Aramco mission statement reflects the quality of its work and shows its full professional in expressing itself. As a motivation for employee to motivate, Aramco has dedicated its time and money to develop locals, men and women and provide them with tool necessary to grow their skills so they can contribute to the community (“Who we are,”n.d.). Going a bit further, Aramco mission statement expressed their quality by following mission statement cores such explaining its existence and whom it will serve. From a system prospective, the mission statement is considered a multi-cultural company where it has branches all over the world and employs more than 65,000 workers(“Who we …show more content…
Saudi Aramco has outlined its vision by aligning its goal with the trend of the Saudis government by localizing jobs and increase local productions rate to achieve 70 of the country total consuming and it will start in IPO (Initial Public Offering) where by 2030, about 30 percent of the company will be owned by shareholders unlike today, it is 100 percent owned by the government (Mills, 2016). The vision statement is updated and current where it Aramco updates it based on changes in plans and strategy. While going through the vision statement, it seems to be focused on oil and gas, namely the vision statement is centered on energy with all its aspects.
The language used in the vision statement is simple and easy and can be understandable because Aramco does not use complicated words and vocabularies; it keeps it simple and easy. Core number seven states that the vision statement should be inspirational and Aramco vision statement is very motivating because its promises for prosperity and more development for the local

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