Company Culture Business & Marketing Essay Research

ExxonMobil Corporation and its Company Culture 
Student’s Name
Course
Professor’s Name
Date
Company Culture
ExxonMobil Corporation
ExxonMobil Corporation is an American made giant in oil and gas business whose roots can be traced back to John D. Rockefeller and his associates, who founded the Standard Oil Company in 1870. ExxonMobil Corporation officially came into being in the year 1999 after a successful merger between two global corporations, Exxon and Mobil (ExxonMobil, n.d.). The company is currently headquartered in Irving, Texas, and has its presence in up to six continents, making it one of the largest global corporations of the contemporary era that is publicly owned (Leggate, 2019). Besides the extraction and sale of natural gas and oil, ExxonMobil majors in the manufacture of other chemicals including industrial alcohol, solvents, and synthetic rubber.
ExxonMobil is currently under the leadership of Darren Woods as the chairperson of the board and Chief Executive officer (CEO). With a ten-member board of directors, the corporation has a population of over 74,000 employees globally (Fortune, n.d.). According to their annual report for the financial year 2019, the company collected revenue of close to $290 billion, making it the third-largest company in terms of revenue (Fortune, n.d.). There are several occasions in which ExxonMobil expressed interest in playing a key role in the country’s economy, with a set up of new investment opportunities and oil extraction projects, creating new employment opportunities. The company is also vigilant in change management. With concerns over climate change limiting the prevalence of natural gas and oils as the major source of energy, the company is investing heavily in technology and paying attention to the renewable energy sources.
Hypothetical Company: Solar Spicy Energy
Solar Spicy energy (SSE) is America’s sustainable energy solution provider that mainly focuses on the design, manufacture, installation, and maintenance of solar systems as well as the wind turbines for the production of renewable energy. The company has its headquarters in Santa Fe, New Mexico. The CEO and founder of SSE, Luke Martinez, started the company in 2000. The company has since then grown gradually, with presence in close to three quarters of the American States and presence in up to fourteen countries overseas. SSE is recognized for having installed more solar power systems and wind turbines for energy generation than any other company, boasting of over 600 GW of sustainable energy globally. The company has a population of more than 6,000 employees overall, with a revenue of close to $240 million as per the financial year 2019. The growing concerns over the impact of fossil fuels on climate change and the reliability and affordability of renewable sources of energy have attracted tremendous attention to sustainable energy sources likes SSE.
ExxonMobil-SSE Merger
In a bid to boost their concern on the natural state of natu...