Oklahoma Gas and Electric Company Dissertation Example | Topics and Well Written Essays - 2000 words

Oklahoma Gas and Electric Company - Dissertation Example The goals of the company also involve meeting individual needs of consumers in regards to the demands for energy services. The company has already taken promising actions towards the fulfillments of this particular mission by designing efficient energy management solutions for the end users and the customers Apart from that, the Oklahoma Gas And Electric Company is also focused towards the balancing of increase in load and in an effort to achieve this mission, the company is focusing its attention towards the maintenance of the existing infrastructures while replacing worn out ones. The company is keenly dedicated towards compliance with regulatory as well as legislative and regulative relationships. Through the accomplishments of the missions which are designed for the short term, the company is actively looking forward towards the achieving of its long term vision. The vision of the company is to actively defer the accusation plans for new plants that are focused towards the extrac tion of fossil fuel till the year of 2020 (Oklahoma, 2011). Market Demands The market demand for a sector is evaluated on the basis of the demand supply scenario, industry competitiveness, the economic factors as well as the level of elasticity. The US Energy Information Association has predicted that due to fall in energy prices, there will be a significant fall in energy retail prices. The association has projected that the average amount of crude oil production will be around 6.3 million barrels per day (US EIA, 2012). The Oklahoma Gas and Electric Company have been in the forefront of facing competition from various forms of government as well as municipal entities which own electrical systems due to the implication arising from the Oklahoma law concerning electricity distribution. The company also stands to face competition from electric cooperatives from rural regions as well as various private entities such as utilities, power marketers and cogenerators. The legislation and r egulatory based initiatives and decisions implemented by the state as well as the federal agencies have significant level of impact on the costs of doing businesses in this particular market. The impact of these government based frameworks has a dominant effect on the rate structures, besides having a significant impact on the competition in this particular market. The company faces significant level of competition from some major companies like NiSource Inc, South Carolina Electric & Gas Company, Wisconsin Energy Corporation and Pepco Holdings Inc. The output from the industrial sector has grown quite slowly as compared to the other sectors thereby reducing the consumption coming from this sector. This can be attributed to low demand due to the economic crisis in various countries. Business Strategy Options The largest energy company in the Oklahoma belt has several

Leadership Research Paper Example | Topics and Well Written Essays - 2500 words - 1

Leadership - Research Paper Example Introduction The study will encompass various learning associated with the concept of ‘leadership’ in the context of management of people. The term ‘leadership’ is fundamentally described as the ability that an individual possess in relation to making effective pathways for others to follow. It is also regarded as a practice in which the actions of different individuals are set to move in a definite direction by a single individual. In addition, the factors that significantly influence the development of leadership among different individuals will be analyzed upon. At the same time, the extent towards which people are influenced by diverse leadership traits and the degree up to which the leadership skills are practiced will be examined upon. The study will also postulate a comprehensive understanding about the term ‘manager’. In addition the roles of a manager will be analyzed upon and the similarity between the duties of a manager and leader in relation to managing as well as guiding people will be identified and studied upon. The paper will also highlight those factors that are crucially required for managing people in the most proficient manner. It will give an opportunity to put oneself in a leadership position and put on different self-practices concerning the implementation of proper leadership tactics and practices (Western, 2007). Thesis Statement The primary purpose of the paper is to highlight those practices that reflect leadership qualities and values. The study will assist in delivering a proper idea regarding leadership and the various activities associated with it. This will help in determining the extent towards which leadership can be developed among individuals and self. Another major goal of the paper is to identify those factors that are required for becoming an authentic leader having innovative and extraordinary skills creating a positive mark in the minds and eyes of various followers. Furthermore, t his study will also propagate similarities and dissimilarities concerning leadership and management skills. It will further identify that whether every manager need to possess effective leadership skills or not. It will thus provide a greater aid in creating a distinct idea towards the understanding of the concept of leadership in a broad manner and will also provide a comprehensive understanding about the implementation of leadership skills in practical life. In Your Opinion, What Does It Take To Become An Authentic Leader Who People Want To Follow? Leadership skills are developed on the basis of integration of various skills such as, communication skills, problem solving ability, conceptual abilities and autocratic nature among others. An ideal leader needs to sum up all his/her resources and implement those whenever required. A proficient leader needs to act quickly depending upon the situation and should be able to provide with quick time solutions for mitigating any sort of dif ficulty or risk. In order to become an authentic leader, one must be continuously involved in delivering those skills that can cope up various challenges or resolve any complex situation. Besides, the leader must constantly attempt to create significant amount of differences in relation to the traditional leadership styles and practices of a leader. Authentic leaders are often considered to be the outstanding performers in their respective fields and also