Investigation into the Decision Making Processes within Some Operating Oil & Gas Companies
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Abstract
Making decisions is considered as the key role in
achieving the desired goals within any organization. Moreover,
making decisions in oil & gas industry is becoming a key factor
for improving the work performance throughout practicing the
most effective tools and techniques. The main purpose of this
paper is to identify how individuals making their decisions
within operating oil and gas companies.
The required data for this paper were acquired by
conducting several interviews with decision makers, and a
questionnaire survey was also developed, besides reviewing the
related literatures. Decision making processes in Libyan oil &
gas operating companies were being investigated. The main
findings show that over half of participants always consider
safety, security and uncertainty issues when making their
decisions, meaning that, it is a good indication of taking
precautions when making decisions. Additionally, the majority
of participants always double check their information
resources, which is also a good indication of increasing the
quality decisions and enhancing the work performance. Based
on the findings, a number of recommendations were proposed
for improving the processes of making proper and effective
decisions within this business area
Article Details
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