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Measuring Operational Efficiency: A Functional Analysis of Core and Non-Core Activities in a Leading Romanian Oil and Gas Retail Company

Author

Listed:
  • Panduru Dan Andrei

    (National University of Science and Technology Politehnica Bucharest, Bucharest, Romania)

  • Simion Petronela Cristina

    (National University of Science and Technology Politehnica Bucharest, Bucharest, Romania)

  • Ioanid Alexandra

    (National University of Science and Technology Politehnica Bucharest, Bucharest, Romania)

Abstract

This paper employs a qualitative approach to conduct functional analysis within one of the main players in the Romanian market in the retail oil and gas industry, utilizing the company's internal intranet platform to gather data. The study unfolds in distinct stages, beginning with department selection, followed by task breakdown, activity categorization, data collection, analysis, and insight sharing. The analysis reveals a comprehensive view of the company's operational landscape, guiding strategic decisions and resource optimization. Key conclusions highlight the significance of core activities for revenue and growth, the value of diverse employee typologies, and opportunities for efficiency enhancement. The study's insights offer practical directions for managing core competencies, fostering informed collaboration, and adapting to industry changes. Future recommendations include leveraging this analysis for future strategy, investment, and innovation.

Suggested Citation

  • Panduru Dan Andrei & Simion Petronela Cristina & Ioanid Alexandra, 2024. "Measuring Operational Efficiency: A Functional Analysis of Core and Non-Core Activities in a Leading Romanian Oil and Gas Retail Company," Proceedings of the International Conference on Business Excellence, Sciendo, vol. 18(1), pages 1335-1347.
    • Handle: RePEc:vrs:poicbe:v:18:y:2024:i:1:p:1335-1347:n:1026
    DOI: 10.2478/picbe-2024-0110
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    References listed on IDEAS

    as
    1. Shafaat Muhammad Habib & Haroon Hussain & Mamdouh Abdulaziz Saleh Al-Faryan & Rana Yassir Hussain, 2022. "Impact of firm characteristics and ownership structure on firm efficiency: evidence from non-financial firms of Pakistan," Cogent Economics & Finance, Taylor & Francis Journals, vol. 10(1), pages 2106628-210, December.
    2. Ngoc Phu Tran & Duc Hong Vo, 2020. "Human capital efficiency and firm performance across sectors in an emerging market," Cogent Business & Management, Taylor & Francis Journals, vol. 7(1), pages 1738832-173, January.
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