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Press_meet_26_6_2006

May 29, 2018

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Ravi Gupta
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    Mumbai University

    NAME : - RAVI .G. GUPTA

    CLASS : - S.Y.B.M.S

    ROLL NO. : - 9DIV : - A

    TERM : - SEMESTER III

    TOPIC : - 4Ps of ACQUAFRESH WATERSUBJECT : - STRATEGIC MANAGEMENT

    SUBM.TO : - PROF. MISS RUPA MADAM

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    To know about the ONGCTo know about the ONGC

    To know about the difficulties facedTo know about the difficulties faced

    by the ONGC.by the ONGC. To know about the growth strategiesTo know about the growth strategies

    used by ONGC.used by ONGC.

    OBJECTIVEOBJECTIVE

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    VISION OF ONGCVISION OF ONGC

    To be world class oil and Gas CompanyTo be world class oil and Gas Company

    integrated in energy business withintegrated in energy business withdominant Indian leadership and globaldominant Indian leadership and globalpresencepresence

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    INTRODUCTIONINTRODUCTION

    It was established in the year 1956.It was established in the year 1956.

    It Head quarter is inIt Head quarter is in DehradunDehradun..

    The chairman and MD of ONGC is Mr.The chairman and MD of ONGC is Mr.Radhey S. Sharma.Radhey S. Sharma.

    Its revenue was $ 24.032 billion in theIts revenue was $ 24.032 billion in the

    year 2008.year 2008. Currently there are 34000 employee.Currently there are 34000 employee.

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    HISTORY OF ONGCHISTORY OF ONGC

    There were only Tow Companies in IndiaThere were only Tow Companies in Indiabefore independence involved in thebefore independence involved in theexploration of oilexploration of oil--The Assam oil companyThe Assam oil companyand ATTOCK oil Company.and ATTOCK oil Company.

    ONGC discovered new oil resources in AssamONGC discovered new oil resources in Assamand established a new oil province in theand established a new oil province in thecompany basin of Gujarat.company basin of Gujarat.

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    ONGC ETHICSONGC ETHICS

    Business ethicsBusiness ethics is the behavior that ais the behavior that abusiness adheres to in its dailybusiness adheres to in its daily

    dealings with the world. The ethics ofdealings with the world. The ethics ofa particular business can be diverse.a particular business can be diverse.They apply not only to how theThey apply not only to how thebusiness interacts with the world atbusiness interacts with the world at

    large, but also to their onelarge, but also to their one--onon--oneonedealings with a single customer.dealings with a single customer.

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    CORPORATE SOCIALCORPORATE SOCIAL

    RESPONSIBILITY OF ONGCRESPONSIBILITY OF ONGCIntroductionIntroduction 11 Background NoteBackground Note 22 AboutAboutNovartis FoundationNovartis Foundation 33 Novartis CorporateNovartis Corporate

    Citizenship InitiativeCitizenship Initiative 44 Tackling LeprosyTackling Leprosy 66Fighting Against TuberculosisFighting Against Tuberculosis 99 Roll BackRoll BackMalaria InitiativeMalaria Initiative 1111 AIDS OrphansAIDS Orphans 1111Novartis Institute for Tropical DiseasesNovartis Institute for Tropical Diseases 1111Other Innovative InitiativesOther Innovative Initiatives 1313 The BenefitsThe Benefitsand Challengesand Challenges 1313 ExhibitsExhibits

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    ONGC and the GlobalCompact ProgramONGC and the GlobalCompact Program

    The concept of 'global compact' was initiatedThe concept of 'global compact' was initiatedby UN Secretaryby UN Secretary--General Kofi Annan in JulyGeneral Kofi Annan in July2000. The idea was to form an international2000. The idea was to form an internationalcorporate citizenship network for thecorporate citizenship network for theadvancement of universal social andadvancement of universal social andenvironmental principles (Refer Exhibit IV toenvironmental principles (Refer Exhibit IV to

    learn more about the Global Compactlearn more about the Global Compactprogram)...program)...

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    Corporate Level ProgramsCorporate Level Programs

    ONGC's CSR programs at the corporate levelONGC's CSR programs at the corporate levelfocused on disaster relief management andfocused on disaster relief management andwater management projects. When disasterswater management projects. When disastersstruck India, ONGC provided relief and helpedstruck India, ONGC provided relief and helpedstate and central governments instate and central governments inrehabilitating those affected. For example,rehabilitating those affected. For example,

    when a heavy cyclone hit the eastern state ofwhen a heavy cyclone hit the eastern state ofOrissa in 1999, the company providedOrissa in 1999, the company providedimmediate relief like food, drinking water,immediate relief like food, drinking water,

    temporary shelters, medicine, clothing, etc.temporary shelters, medicine, clothing, etc. 99

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    Work Center Level & CommunityWork Center Level & Community

    Development ProgramsDevelopment Programs

    ONGC was involved in various communityONGC was involved in various communitydevelopment programs like promoting literacydevelopment programs like promoting literacy

    and higher education by providing grants orand higher education by providing grants orscholarships to the economicallyscholarships to the economicallydisadvantaged, donating money for thedisadvantaged, donating money for the

    construction and renovation of schools,construction and renovation of schools,promoting healthcare by organizing medicalpromoting healthcare by organizing medicalcamps, eye camps, through mobilecamps, eye camps, through mobiledispensaries, etc...dispensaries, etc...

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    CSRat ONGCCSRat ONGC

    The mission of ONGC stated that the companyThe mission of ONGC stated that the companywould have an "abiding commitment to health,would have an "abiding commitment to health,safety, and environment to enrich quality ofsafety, and environment to enrich quality of

    community life. CSR at ONGC began as acommunity life. CSR at ONGC began as aphilanthropic activity where the companyphilanthropic activity where the companycontributed to several sociocontributed to several socio--economiceconomicdevelopmental programs like building schoolsdevelopmental programs like building schoolsand hospitals, developing agriculture andand hospitals, developing agriculture andcottage industry, building infrastructurecottage industry, building infrastructurefacilities, etc., around its areas of operationfacilities, etc., around its areas of operation

    on an ad hoc basis...on an ad hoc basis... 1111

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    Environment ProtectionEnvironment Protection

    ProgramsProgramsONGC took several measures to reduce pollutionONGC took several measures to reduce pollutionand support conservation of resources throughand support conservation of resources throughthe utilization of waste. The companythe utilization of waste. The companyformulated its Environment Policy as early asformulated its Environment Policy as early as1983 and adopted environment protection as1983 and adopted environment protection asone of its objectives in 1988. The environmentone of its objectives in 1988. The environment

    policy of the company made it mandatory topolicy of the company made it mandatory tosubmit an "environmental impact assessmentsubmit an "environmental impact assessmentreport"toreport"to thethe DoEDoE at the time of projectat the time of project

    formulation...formulation... 1212

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    The environment policy of theThe environment policy of thecompany made it mandatory tocompany made it mandatory tosubmit an "environmental impactsubmit an "environmental impactassessmentassessment report"toreport"to thethe DoEDoE at theat thetime of project formulation...time of project formulation...

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    SAFETYSAFETY

    ONGC set up the Institute of Petroleum Safety,ONGC set up the Institute of Petroleum Safety,Health and Environment managementHealth and Environment management(IPSHEM) in 1989 with the objective of(IPSHEM) in 1989 with the objective ofimproving the safety, health, and environmentimproving the safety, health, and environmentstandards in the Indian petroleum industry.standards in the Indian petroleum industry.The institute offered training courses in safetyThe institute offered training courses in safety

    and environment management and a specialand environment management and a specialtraining program for offtraining program for off--shore personnel...shore personnel...

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    Other CSR InitiativesOther CSR Initiatives

    ONGC also participated in promoting sportsONGC also participated in promoting sportsand games like cricket, football, hockey,and games like cricket, football, hockey,athletics, basketball, chess, golf, billiards,athletics, basketball, chess, golf, billiards,and volleyball in India. In 2004, it receivedand volleyball in India. In 2004, it receivedthe "Best Corporate Initiative inthe "Best Corporate Initiative inSports"awardSports"award from the Federation of Indianfrom the Federation of Indian

    Chambers of Commerce and IndustryChambers of Commerce and Industry(FICCI)...(FICCI)...

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    CSR: The Way toGo?CSR: The Way toGo?

    The importance of CSR has increased withThe importance of CSR has increased withglobalization, as both investors and customersglobalization, as both investors and customershave become highly sensitive to societal andhave become highly sensitive to societal and

    environment issues. the importance of CSRenvironment issues. the importance of CSRwould further increase as the future marketwould further increase as the future marketwould be driven by a younger populationwould be driven by a younger population

    (around 54% of India's population is below 25)(around 54% of India's population is below 25)for whom social, ethical, and environmentalfor whom social, ethical, and environmentalissues were very important and who liked toissues were very important and who liked tobe "be "informed"aboutinformed"about the organizations theythe organizations they

    were buying from or investing in...were buying from or investing in...

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    CONCLUSION OF ONGCCONCLUSION OF ONGC

    Every company wants to grow and ONGC alsoEvery company wants to grow and ONGC alsodid same they achieved systematic growthdid same they achieved systematic growthwith the help of advance technology andwith the help of advance technology andwith the optimum utilization of resources.with the optimum utilization of resources.

    The proactive approach taken by ONGC workedThe proactive approach taken by ONGC workedfor the company to get success.for the company to get success.

    Government should not compel otherGovernment should not compel other

    companies to do their work avoiding to do.companies to do their work avoiding to do.

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    2020

    Thank youThank you

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    ONGC Song

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    Courage to Explore, Knowledge to Exceed, Technology to Excel