Case Study: GlobalSantaFe (GSF)

Paper Summary:

This paper argues that GlobalSantaFe (GSF), while it has not completely optimized its organizational resources, has nonetheless proved very efficient and effective in marshaling them. Specifically, the paper looks at how the company handles its physical assets, monetary assets, human resources and technology and asserts that, while GSF may need to do a better job of maintaining its fleet, and while may presently run the risk of over-extending itself financially with regards to its long-term liabilities and while its treatment of workers could be more forward-thinking, it has, nonetheless, positioned itself well for the future.

Table of Contents:
Introduction
Physical Assets
Monetary assets
Human Resources
Technology
Conclusion

From the Paper:

"To ensure maximum efficiency and effectiveness from its human resources, GSF also has a well-regarded benefits package (albeit by its own admission) and has numerous opportunities for advancement in all of the offshore rig markets where it operates; the company likewise offers opportunities at both its shore-based offices and offshore drilling operations and is formally committed to diversity. Finally, the company is not averse to aggressive internal head-hunting: many employees unfamiliar with the drilling industry have started out in auxiliary positions and climbed the ladder as their experience grew."

Sample of Sources Used:

• GlobalSantaFe Contract Drilling. (2005). GlobalSantaFe: The future of drilling starts here. Retrieved August 12, 2007 from <http://www.globalsantafe.com/invest/pres-2005-02-02.pdf>
• GlobalSantaFe Corporation. (2007). GlobalSantaFe: Employment. GlobaSantaFe Corporation. Retrieved August 12, 2007 <http://www.globalsantafe.com/employ/frames/introfr.html>
• "GSF Contract Drilling." Pp.1-3 (additional information on handout not provided by client).
• Offshore Media Group. (2005, July 8). Offshore247.com: Asia. Offshore247.com. Retrieved August 12, 2007 from <http://www.offshore247.com/news/article.asp?Id=3530>
• Yahoo! Inc. (2007). Balance sheet. GlobalSantaFe Corporation (GSF). Retrieved August 12, 2007 from <http://finance.yahoo.com/q/bs?s=GSF>

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