OMV PETROM, applying integrative organizational change to lead company Essay

OMV PETROM, applying integrative organizational change to lead company become more sustainable - Essay Example The company will understand its requirement to change the values, norms and rules. The company will also understand the need to list individual goals. The listing of goals starts by collecting data and diagnosing the goals. After understanding the elements, a company will need to adjust its management to achieve set goals. The â€Å"Do† part is concerned with implementing the organizational change. â€Å"Check† on the other hand, has its meaning. The corporation should check and evaluate the performance of the organizational change towards the objectives. The company needs to take corrective measure if it is underperforming. The other significant part is â€Å"Act†. After a corporation gathers, all of the data, it should give its reaction, and read the plan to know whether it meets the objectives. If it does not meet the objectives, it needs to change or come up with a new plan to achieve the objectives. The major issue of OMV core competencies is a contradiction with sustainable development. Sustainable development means â€Å"meeting current needs without compromising the ability of the future generations to meet their own need† (Bocean, and Sitnikov, 2012). This is an issue for oil and gas companies. This is because it is hard to reduce emission by leading OMV to produce long-term energy efficiency. The companies see difficulties in applying safety, security, environmental care and corporate social responsibility while at the same time needs to maintain healthy economic condition. The environment is impacted because a sustainable company reduces the harmful effect to society. For example, in 2010, OMV Corporation produced 184 barrels per day less crude oil of 4.15 and still maintained high net turnover of 18616. This shows the oil company helps to reduce emission that will positively affect the environment. This makes the company receive positive perspectives, and make their employee confident.