The sustainability of an oil and gas producing company through continuous improvement and innovation in light of high competition

Industry: oil and gas production

 

The tremendous change in the global business environment has been noticed, which in its role has contributed to changing the business dynamics in general, which led to the development of more flexible products and services by competitors in the market and to contribute to the survival of our client, which is a company producing energy with different types of oil and gas, In this highly competitive global environment "Continuous improvement of enterprises" and "Innovation of products and services" have been adopted as the main focus.

Eight steps have been passed in the process of achieving the required innovation while following a continuous improvement strategy that includes: focusing on the process, exploration, choosing the process improvement method, designing and improving procedures, evaluating the results, creating and implementing activities, and refocusing the process, and some of the positive effects achieved are Reducing redundancy, scheduling workflow, enhancing communication as well as predictability of changes, improved business processes are better prepared to generate market compliance and systematically streamline business activities.