Project Research Paper Example | Topics and Well Written Essays - 750 words

Project - Research Paper Example Technology is the main tool used in this trend and this makes it possible for a multinational company carry out its activities with ease (Steers et al, 2010). ADNOC since it is an international company needs to install and run with the latest technological infrastructures in order to embrace the technological supply chain. The other trend that is noticeable in EAU’s oil industry is the use of technology to come up with innovations. Companies that have used technology as a tool for innovation have gained a competitive edge over the others in the industry. A notable innovation in the oil industry is the wrapping together of cloud computing, data management and mobility, which is useful for the easy running and closing deals by companies (Steers et al, 2010). ADNOC should recruit a team purposely meant to come up with innovations that would give the company some advantage over its rivals. Another trend that is in the EAU’s oil industry is the challenges posed by lack of experienced and talented workforce. The main course for this loss is the retirement of the old workers who had the expertise of how things operated in the industry. The research conducted on the industry revealed that close to 90% of the officials running the different companies are senior workers. ADNOC needs to appoint a few young people in the senior positions to help them acquire the experience needed to run the company (Steers, et al, 2010).. APCO consultancy is one of the newly operating companies in Middle East having been established in the area in 2007. The company has however become a success with its services of advising the international and local clients on several issues that are critical to the growth and success of their successes (Carland & Faber, 2008). Some of its diverse services include crisis management, government