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| Business Model |
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Management Model
| HOCOL´s Business model its based on the following systems |
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The business system : Establishes annual objectives within a strategic 10-year plan defining indicators and goals for teams and associates, including permanent assessments and follow-ups.
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The technical system : Comprised of processes such as the life cycle of assets, contained in five development models (static, dynamic, environmental, community and economic), supported by an information and technology platform.
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The social system : Defines the life sycle of associates, competences and behaviors as well as the organization´s structure.
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HOCOL´s strategic Statements |
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Strategic intent: Growth and wealth for all, beyond imagination.
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Strategic Purpose: Creating partnership for sustainable growth.
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Bold Promise: By 2015 HOCOL is a leading independent Exploration and Production Company of the Americas, having achieved a market value of no less than US$ 2 billion while being true to the Company’s ethical principles, strategic intent and strategic purpose.
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Cornerstone Principles:
Responsibility: We freely assume the causes and consequences of our actions, successes, or failures.
Trust: We openly decide to believe in others in order to generate relationships of respect, transparency, and certainty.
Commitment: All of our efforts, decisions, and actions transform our promises into ethical realities.
Integrity: Each and every one of our actions honors our promises, commitments and principles, which is the only way to do business and to live life well..
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