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Oil Change: Perspectives on Corporate Transformation is the second book in the new Oxford series The Learning History Library. Each book gets inside a company at a crucial time of change, offering a unique opportunity to see innovation from the inside out. Oil Change: Perspectives on Corporate Transformation is the story of major corporate change undertaken by OilCo, a pseudonym for a major international oil company, just after a time of layoffs and cutbacks. Key people within the company tell the story, using a technique developed at MIT's Center for Organizational Learning. One hundred and fifty employees were interviewed at all levels of the company, from hourly workers to the executive council. They worked in all primary OilCo businesses: exploration and production, refining and retail, chemical and oil consulting. During this time, all the firms values came into question, including its business practices, corporate governance structure, team management, and leadership style. Oil Change: Perspectives on Corporate Transformation gives students an inside look at what OilCo learned collectively.
This book investigates how a major international oil company navigated a period of intense organizational instability and cultural transition following significant layoffs. The authors, affiliated with MIT's Center for Organizational Learning, utilize a 'learning history' methodology to document the internal perspectives of employees across all hierarchical levels. By synthesizing these diverse accounts, the text provides a framework for understanding how large-scale corporate entities evaluate their governance, leadership styles, and operational values during times of crisis.
What You Will Find
Experts identify this text as a practical application of organizational learning theory within a real-world corporate environment. Readers frequently note the value of the multi-perspective approach in providing a comprehensive view of how change initiatives are perceived by different levels of an organization.
Page Count:
272
Publication Date:
2000-04-13
Publisher:
Oxford University Press
ISBN-10:
0195134877
ISBN-13:
9780195134872
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