3. 3 The Pakistan state Oil is the largest oil marketing company in Pakistan. The winner of award of Karachi stock Exchange top Companies Award. 3700 retail outlets, vast infrastructure of 9 installation, 23 depots ranging from south of Pakistan to the north. The forefront of humanitarian efforts, like health, education and welfare and women empowerment. INTRODUCTION
4. June 6, 1974 The government incorporates “Petroleum Storage Development Corporation’ PSDC. August 23, 1976 PSCDC renamed to State Oil Company Limited (SOCL). September 15, 1976 The Government purchases ESSO undertakings, vests their control in SOCL December 30, 1976 The Government merges PNO and POCL into SOCL (State Oil Company Limited) and renames it Pakistan State Oil Company Limited (PSO) 1999 The new vision program is launched with the new logo of PSO. 4
5. History Corporate culture underwent a comprehensive renewal program. Human Resource Development became one of the main priorities on the company’s agenda. PSO has been able to maintain its market leadership in a highly competitive business environment. 5
6. “To excel in delivering value to customers as an innovative and dynamic energy company that gets to the future first.” 6
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8. Lowest cost operations and assured access to long-term and cost effective supply sources.
27. Chain of Command Traditional objective Decisions made by top management Authority to managers to give orders Employees bound to follow 13
28. Unity Of Command Chairman Managing Director 7 General Managers Divisional managers 1 sale Executive 8-12 Sales officers 14
29. Mechanistic Organization Highly controlled structure Simple routine jobs but standardized Extensive departmentalization Strict adherence to unity of command principle Rules and regulations to control employee behavior. 15
30. Centralization Highly centralized. Decision making concentrated in upper levels of organization. Little or no input from lower level employees. 16
31. Information Technology Providing Competitive Edge Procured networking by HP. Largest implementer of SAP. Lotus notes workflow application. Share point intranet. Future decision to implement SAP ECC6. 17
32. ISMS Certifications For Excellence And Information Security ISO/IEC 27001-2005 certification. First company in oil & gas industry to achieve this milestone. 18
