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Web of Proceedings - Francis Academic Press

Transformation Oil and Gas Company: Changes and Benefits

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DOI: 10.25236/icmeem.2019.072

Author(s)

Alfiya E. Tasmukhanova, Evgeniy V. Evtushenko, Irina V.Burenina, Vera V. Biryukova and Gulnara E. Tasmukhanova

Corresponding Author

Alfiya E. Tasmukhanova

Abstract

This paper is devoted to the study of the current problem of transformation process within the group of companies of NC “KazMun ayGas” JSC in the conditions of industrial and innovative development of the Republic of Kazakhstan. The authors developed an algorithm for transforming an oil company, consisting of ten main stages: from identification of the causes and prerequisites for the transformation through developing goals and forecasting transformation success factors to the building a plan for the implementation of the transformation program. A special attention is paid to the development of a transformation program. In the beginning, team experts analyze the existing business processes. Then they should draw up a new model of activity and target processes. At the end, the process of distributing powers, roles and areas of responsibility can be carried out. The novelty of the work lies in the development of proposals to the methodology of the transformation process, combined in a single methodical complex, as well as its practical implementation with reference to particular project.

Keywords

Transformation; Corporate functions; Business functions; Efficiency of activities; Transformation program; Structural divisions of the enterprise