What do you think will be issues that will influence the key sill Essay

What do you think will be issues that will influence the key sill requirements for next 5 to 10 years - Essay Example These specifically include the issues that can affect the operations of the company. In relation to the above statement, the thrust of this paper is to discuss the issues that can affect the company and can further influence the key skill requirements of the firm in the next 5 to 10 years. For a huge corporation like Sinopec, it is a basic requirement for the firm to have highly competent managers who are experts and knowledgeable in the field of energy and chemical industry. It is also important to the managerial department of the firm to know how to deal with different types of employees. The role of the managers is very important in keeping the daily operations of the company in order. It is also a great challenge for Sinopec to enhance the understanding and practices of their managers on the importance of responsible leadership. The specifically include the enhancement of the competencies of the managers to integrate social and environmental considerations in creating business decisions (Wilson & Hind, 2006). A business organisation can hardly perform its daily operations without the presence of its workforce. Skillful and hardworking workforce is one of the significant factors towards achieving the goals and objectives of business organisations. Their role in the company is very important in achieving the company’s economic triumph. Hence, it is very much important to put into great consideration the satisfaction of the workers, their health, and wellness, and their safety at work considering the kind of industry Sinopec has. The safety of the employees especially those in their plants are of high risks due to the possibility that anytime the plant might explode due to some technical problems or leakage of petroleum same as what happened to Sinopec’s oil terminal in Qingdao China (Moody’s: Sinopec Corp’s , 2013). As above mentioned, the safety of the employees of Sinopec is of high risk due to the kind of industry the firm has.