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BP Castrol Marine: Enhancing
Shareholder Value using OD


 Presented by:
 Group 3
History of BP Castrol Marine
  Performance Unit operating within International Marine
business unit within Refining and Marketing in BP plc.
International Marine market
 It is a global marine lubricants marketing business
 Sells and markets in over 70 countries
 Has been in business for over 100 years
 BP plc. Acquired Castrol Marine in 2000
 Mr. David Gilmour appointed as PU Leader of Castrol
   Marine in 2004
Key issues faced by Mr. David Gilmour and
Mrs. Anne
   The PU lacked clarity in customer segments, brand
    positioning, unsatisfactory financial results, reducing
    consumer satisfaction, unclear strategic direction for
    employees
   Business was losing momentum internally and in market
    place, business was declining
   How to implement the new business strategy to define
    priority segments, brand positioning , give internal
    support aligned with the segments
   How to engage employees to deliver business
    objectives
Organization Challenges

   To Reform the business process due to new
    acquisition of Castrol Marine.

   To stop Rapid Business Declination.

   David Gilmour as new PU leader of Castrol
    Marine.
OD Interventions used by BP Castrol Inc.
  ◦ Implementation of AI (Appreciative Inquiry)
    methodology.
  ◦ Built a team with passion and specific abilities
  ◦ Created team culture of trust and relatedness
  ◦ Focus on personal and Career development of team
    members
  ◦ Support and prioritization to each member of the
    team
  ◦ Encouraged risk taking and set extraordinary goals
  ◦ Brought the needs of individuals and business in to
    coherent frame
Continued..
  ◦ Transferred the culture of commitment from the top
    management to front line employees
  ◦ AI summits with senior leadership
  ◦ Encouraged diversity of ideas throughout the
    organisation
  ◦ Innovative 333 coaching
How OD interventions contributed to
overall organizational effectiveness
CUSTOMER SATISFACTION
   Development of a “One team culture” enabling greater responsiveness and
    flexibility in meeting customer and internal needs


FINANCIAL PERFORMANCE
   Stabilization of high fixed cash costs and overheads


INTERNAL PROCESSES
   Understanding of customer needs improved because of clear segmentation
   Internal processes became well defined and it became easier to work
How OD interventions contributed to
overall organizational effectiveness
ORGANIZATIONAL CULTURE
 There was a rising employee morale
 There was an empowerment in the team which made
  them to execute agreed actions with discipline and rigor
How SBI transformed itself
(2007 onwards)
Delegative
and Participative leadership
Key OD Interventions
 Eliminating Hierarchical Decision-Making
 Streamlining Priorities
 Major thrust on technological adoption
 Investing in Employees- Citizen SBI
 Active Employee Participation
 Strategic Interventions
Strategic Intervention
 Merger and acquisition
 Rapid Expansion
 Re-establishing relationship with clients
  and stakeholders
 Establishing Brand image
Making the Elephant Dance
 Largest Bank - Proxy Economy of India
 Awards and Recognition
 Most trusted brand
 Rejuvenated workforce
Thank You

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Bp marine case study

  • 1. BP Castrol Marine: Enhancing Shareholder Value using OD  Presented by:  Group 3
  • 2. History of BP Castrol Marine  Performance Unit operating within International Marine business unit within Refining and Marketing in BP plc. International Marine market  It is a global marine lubricants marketing business  Sells and markets in over 70 countries  Has been in business for over 100 years  BP plc. Acquired Castrol Marine in 2000  Mr. David Gilmour appointed as PU Leader of Castrol Marine in 2004
  • 3. Key issues faced by Mr. David Gilmour and Mrs. Anne  The PU lacked clarity in customer segments, brand positioning, unsatisfactory financial results, reducing consumer satisfaction, unclear strategic direction for employees  Business was losing momentum internally and in market place, business was declining  How to implement the new business strategy to define priority segments, brand positioning , give internal support aligned with the segments  How to engage employees to deliver business objectives
  • 4. Organization Challenges  To Reform the business process due to new acquisition of Castrol Marine.  To stop Rapid Business Declination.  David Gilmour as new PU leader of Castrol Marine.
  • 5. OD Interventions used by BP Castrol Inc. ◦ Implementation of AI (Appreciative Inquiry) methodology. ◦ Built a team with passion and specific abilities ◦ Created team culture of trust and relatedness ◦ Focus on personal and Career development of team members ◦ Support and prioritization to each member of the team ◦ Encouraged risk taking and set extraordinary goals ◦ Brought the needs of individuals and business in to coherent frame
  • 6. Continued.. ◦ Transferred the culture of commitment from the top management to front line employees ◦ AI summits with senior leadership ◦ Encouraged diversity of ideas throughout the organisation ◦ Innovative 333 coaching
  • 7. How OD interventions contributed to overall organizational effectiveness CUSTOMER SATISFACTION  Development of a “One team culture” enabling greater responsiveness and flexibility in meeting customer and internal needs FINANCIAL PERFORMANCE  Stabilization of high fixed cash costs and overheads INTERNAL PROCESSES  Understanding of customer needs improved because of clear segmentation  Internal processes became well defined and it became easier to work
  • 8. How OD interventions contributed to overall organizational effectiveness ORGANIZATIONAL CULTURE  There was a rising employee morale  There was an empowerment in the team which made them to execute agreed actions with discipline and rigor
  • 9. How SBI transformed itself (2007 onwards)
  • 11. Key OD Interventions  Eliminating Hierarchical Decision-Making  Streamlining Priorities  Major thrust on technological adoption  Investing in Employees- Citizen SBI  Active Employee Participation  Strategic Interventions
  • 12. Strategic Intervention  Merger and acquisition  Rapid Expansion  Re-establishing relationship with clients and stakeholders  Establishing Brand image
  • 13. Making the Elephant Dance  Largest Bank - Proxy Economy of India  Awards and Recognition  Most trusted brand  Rejuvenated workforce