Valero Energy Research Paper Example | Topics and Well Written Essays - 1250 words

Valero Energy - Research Paper ExampleValero EnergyValero Energy is known for its cargo to excellence, challenging work environment and commitment to community. The company has a policy of using state-of-the-art technology to provide cleaner-burning gasoline.The company manages its innovation process by focusing on substitute(a) cleverness and latest technologies. It has invested in wind farms outside its McKee Refinery in the Texas Panhandle. The innovation process gets tremendous boost through such investments as energy is generated without environmental concerns.The 3 examples of product innovation are investments in new infra-red technology to quickly find and repair leaks of gaseous hydrocarbons, investments in new flare-gas recovery systems which is an emission-reducing technology and collision the challenge of greenhouse gas reduction through scientific, economic, and technological analyses. Product innovation consists of either improving the present product or acquiring t echnologies for environment-friendly alternative energies (Valero Energy Corporation).Critically evaluate whether Valero Energy is a learnedness organization. In your answer discuss 3 examples of how the companys leadership structure has affected the degree of learning that occurs within the companyThe Board of directors of Valero Energy consists of men and women of substantial experience and qualify for a learning environment in the company. As qualified and experience members, they are in a position to foster a learning environment in the company to encourage innovation and growth. Thus, the companys leadership has succeeded in establishing an lieu for competitive and healthy growth with a socio-economic thrust that balances social needs with economic advantages.The company ranks number one on Fortune magazines listing of the nations silk hat Big companies to work for two consecutive years. It in addition ranks number five among petroleum refining companies on Fortune magazin es listing of Americas most admired companies. It is also ranked at number seven on Fortunes magazines listing of most admired companies worldwide. Besides these, the company has secured many other environmental and safety awards. such accolades on a continuous basis every year bespeak the companys enlightened leadership in learning. The company is also involved in eleemosynary activities and generously donates for volunteer activities and educational support programs. Needless to add, these recognitions can only mean that the culture of learning in the company is sufficiently high to virtue them (Valero Energy Corporation).Critically evaluate the competitive dynamics of the industry Valero Energy is in. Provide 3 examples in your answer of how Valero Energy can utilize an entrepreneurial strategy to compete more effectively globallyThe petroleum industry is a fast evolving industry because of environmental issues. On the one hand, petroleum is require for transportation, power an d a host of other economies. On the other hand, the use of petroleum has to be minimal because of its greenhouse gas emission that makes it important to bewilder to technologies that reduce air pollution.The company has bolstered its image and revenues through social commitments and growing national network of distributors. Gasoline is a product of universal demand. The only look to grow in the gasoline industry is through achieving technological breakthroughs to address environmental