Encana Stakeholders Analysis
My organization (Encana) has many internal and external key stakeholders that include the following:
Customers
JV Partners
Landowners
Environmental groups
Shareholders
Government Regulatory Bodies
Industry associations
Suppliers
Contractors
Employees
Internal Business Unit Leaders
Internal service group providers to Business Units
Based on my position within the company I'll talk to two of the above stakeholders and relationships I'm more familiar - Government Regulatory Bodies and Contractors, and similar underlying themes with each. Both stakeholders play a key role in the company's performance.
The company's relationship with contractors is predominately transactional in nature where construction work is tendered and bid on a competitive basis. Work is primarily awarded based on lowest cost with some consideration for …show more content…
The company files for and provides required regulatory documentation for new development, construction and operating permits, and provides the minimum required facilities operating information. The company has had a tendency to change development plans "on the fly" and consequently resubmit or revise existing applications at the last minute, in some cases with more severe environmental impacts than that originally submitted. These re-submissions impact the efficiency of the regulatory offices and increases their level of application scrutiny. This has resulted in delayed or rejected development approvals which have negatively impacted the company's development plans. The company has also on occasion failed to produce necessary documentation to regulatory auditors for existing operating facilities. In response the regulators are generally increasing their oversight of the industry and enforcing their power to shut down company operating facilities if specific documentation continues to be unavailable in the
Customers
JV Partners
Landowners
Environmental groups
Shareholders
Government Regulatory Bodies
Industry associations
Suppliers
Contractors
Employees
Internal Business Unit Leaders
Internal service group providers to Business Units
Based on my position within the company I'll talk to two of the above stakeholders and relationships I'm more familiar - Government Regulatory Bodies and Contractors, and similar underlying themes with each. Both stakeholders play a key role in the company's performance.
The company's relationship with contractors is predominately transactional in nature where construction work is tendered and bid on a competitive basis. Work is primarily awarded based on lowest cost with some consideration for …show more content…
The company files for and provides required regulatory documentation for new development, construction and operating permits, and provides the minimum required facilities operating information. The company has had a tendency to change development plans "on the fly" and consequently resubmit or revise existing applications at the last minute, in some cases with more severe environmental impacts than that originally submitted. These re-submissions impact the efficiency of the regulatory offices and increases their level of application scrutiny. This has resulted in delayed or rejected development approvals which have negatively impacted the company's development plans. The company has also on occasion failed to produce necessary documentation to regulatory auditors for existing operating facilities. In response the regulators are generally increasing their oversight of the industry and enforcing their power to shut down company operating facilities if specific documentation continues to be unavailable in the