BW offshore : riding the storm
Autor(a) principal: | |
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Data de Publicação: | 2019 |
Tipo de documento: | Dissertação |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.14/29214 |
Resumo: | The modern company exists within an environment of constant change, brought on by economic interconnectedness and rapid technological progress. In this state of uncertainty, companies must actively create new value on a continuous basis in their pursuit for competitive advantage. In light of this precarious state of firm realities, two literature streams have been developed. Strategic Change theories focus on antecedents, processes and consequences of a major shift in an organisation’s goals and scope. The Dynamic Capabilities framework aims to explicate the capabilities within a firm that allows it to continuously recreate competitive advantages. To illustrate the application of these theories this dissertation employs a teaching case recounting the crisis and rebound of BW Offshore, an oil technology lessor. The case starts in late 2015 when the company was experiencing the aggregate impact of an untenable business model, market recession, and industrial accident. Next, the case recounts the subsequent firm survival and launch of a disruptive new business model. The case demonstrates the internal and external factors that led to a strategic change within the company. Moreover, it shows that the use of dynamic capabilities can be instrumental in the creation of surprising value within the context of a recessionary market. |
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BW offshore : riding the stormStrategic changeDynamic capabilitiesOil and Gas (O&G)Exploration and production (E&P)Offshore technologiesFPSO (floating, production, storage, and offloading)LeasingMudança estratégicaPetróleo e gás (O&G)Exploração e produção (E&P)Tecnologias offshoreDomínio/Área Científica::Ciências Sociais::Economia e GestãoThe modern company exists within an environment of constant change, brought on by economic interconnectedness and rapid technological progress. In this state of uncertainty, companies must actively create new value on a continuous basis in their pursuit for competitive advantage. In light of this precarious state of firm realities, two literature streams have been developed. Strategic Change theories focus on antecedents, processes and consequences of a major shift in an organisation’s goals and scope. The Dynamic Capabilities framework aims to explicate the capabilities within a firm that allows it to continuously recreate competitive advantages. To illustrate the application of these theories this dissertation employs a teaching case recounting the crisis and rebound of BW Offshore, an oil technology lessor. The case starts in late 2015 when the company was experiencing the aggregate impact of an untenable business model, market recession, and industrial accident. Next, the case recounts the subsequent firm survival and launch of a disruptive new business model. The case demonstrates the internal and external factors that led to a strategic change within the company. Moreover, it shows that the use of dynamic capabilities can be instrumental in the creation of surprising value within the context of a recessionary market.A empresa moderna vive num ambiente em constante mudança, causado pela instabilidade económica e pelo rápido progresso tecnológico. Nesse estado de incerteza, as empresas precisam de criar valor de forma contínua, em busca de manterem uma vantagem competitiva. À luz da realidade atual, foram desenvolvidas duas correntes de literatura. As teorias da mudança estratégica têm o seu enfoque nos antecedentes, processos e consequências de uma grande mudança nos objetivos e âmbito de uma organização. A framework das Dynamic Capabilities visa explicar as quatro dimensões que permitem recriar continuamente as vantagens competitivas. Para ilustrar a aplicação dessas teorias, esta dissertação apresenta um caso de estudo sobre uma situação de crise e a sua repercussão na BW Offshore, uma empresa no sector do Petróleo e Gás. O caso começa no final de 2015, quando a empresa apresentava um modelo de negócios insustentável, em resultado da recessão de mercado e de um acidente industrial. Em seguida, caso foca em como o lançamento de um modelo de negócios disruptivo permitiu a subsequente sobrevivência da empresa. O caso demonstra ainda quais os fatores internos e externos que levaram a uma mudança estratégica dentro da empresa. Além disso, mostra que o uso das dynamic capabilities pode ser instrumental na criação de valor no contexto de um mercado recessivo.Machado, Patrícia AmaroVeritati - Repositório Institucional da Universidade Católica PortuguesaArnet, Johan Peter Lundevall2020-01-13T15:12:34Z2019-07-0220192019-07-02T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesisapplication/pdfhttp://hdl.handle.net/10400.14/29214TID:202271951enginfo:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-07-12T17:34:46Zoai:repositorio.ucp.pt:10400.14/29214Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T18:23:27.354360Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
BW offshore : riding the storm |
title |
BW offshore : riding the storm |
spellingShingle |
BW offshore : riding the storm Arnet, Johan Peter Lundevall Strategic change Dynamic capabilities Oil and Gas (O&G) Exploration and production (E&P) Offshore technologies FPSO (floating, production, storage, and offloading) Leasing Mudança estratégica Petróleo e gás (O&G) Exploração e produção (E&P) Tecnologias offshore Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
title_short |
BW offshore : riding the storm |
title_full |
BW offshore : riding the storm |
title_fullStr |
BW offshore : riding the storm |
title_full_unstemmed |
BW offshore : riding the storm |
title_sort |
BW offshore : riding the storm |
author |
Arnet, Johan Peter Lundevall |
author_facet |
Arnet, Johan Peter Lundevall |
author_role |
author |
dc.contributor.none.fl_str_mv |
Machado, Patrícia Amaro Veritati - Repositório Institucional da Universidade Católica Portuguesa |
dc.contributor.author.fl_str_mv |
Arnet, Johan Peter Lundevall |
dc.subject.por.fl_str_mv |
Strategic change Dynamic capabilities Oil and Gas (O&G) Exploration and production (E&P) Offshore technologies FPSO (floating, production, storage, and offloading) Leasing Mudança estratégica Petróleo e gás (O&G) Exploração e produção (E&P) Tecnologias offshore Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
topic |
Strategic change Dynamic capabilities Oil and Gas (O&G) Exploration and production (E&P) Offshore technologies FPSO (floating, production, storage, and offloading) Leasing Mudança estratégica Petróleo e gás (O&G) Exploração e produção (E&P) Tecnologias offshore Domínio/Área Científica::Ciências Sociais::Economia e Gestão |
description |
The modern company exists within an environment of constant change, brought on by economic interconnectedness and rapid technological progress. In this state of uncertainty, companies must actively create new value on a continuous basis in their pursuit for competitive advantage. In light of this precarious state of firm realities, two literature streams have been developed. Strategic Change theories focus on antecedents, processes and consequences of a major shift in an organisation’s goals and scope. The Dynamic Capabilities framework aims to explicate the capabilities within a firm that allows it to continuously recreate competitive advantages. To illustrate the application of these theories this dissertation employs a teaching case recounting the crisis and rebound of BW Offshore, an oil technology lessor. The case starts in late 2015 when the company was experiencing the aggregate impact of an untenable business model, market recession, and industrial accident. Next, the case recounts the subsequent firm survival and launch of a disruptive new business model. The case demonstrates the internal and external factors that led to a strategic change within the company. Moreover, it shows that the use of dynamic capabilities can be instrumental in the creation of surprising value within the context of a recessionary market. |
publishDate |
2019 |
dc.date.none.fl_str_mv |
2019-07-02 2019 2019-07-02T00:00:00Z 2020-01-13T15:12:34Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/masterThesis |
format |
masterThesis |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.14/29214 TID:202271951 |
url |
http://hdl.handle.net/10400.14/29214 |
identifier_str_mv |
TID:202271951 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
instname_str |
Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
instacron_str |
RCAAP |
institution |
RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
collection |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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1799131942463995904 |