Valero Energy is known for its commitment to excellence, challenging work environment and commitment to community. The company has a policy of using state-of-the-art technology to provide cleaner-burning gasoline.
The company manages its innovation process by focusing on alternative energy and latest technologies. It has invested in wind farms outside its McKee Refinery in the Texas Panhandle. The innovation process gets tremendous boost through such investments as energy is generated without environmental concerns.
The 3 examples of product innovation are: investments in new infra-red technology to quickly find and repair leaks of gaseous hydrocarbons, investments in new flare-gas recovery systems which is an emission-reducing technology and meeting the challenge of greenhouse gas reduction through scientific, economic, and technological analyses. Product innovation consists of either improving the present product or acquiring technologies for environment-friendly alternative energies (Valero Energy Corporation).
Critically evaluate whether Valero Energy is a learning organization. In your answer discuss 3 examples of how the company's leadership structure has affected the degree of learning that occurs within the company
The Board of directors of Valero Energy consists of men and women of substantial experience and qualify for a learning environment in the company. ...Show more