The vision of every organization is to grow and expand its scales of business as this will translate to more profitability in the long run. The management is critical to achieving this objective, hence the need to hire visionary and transformative leaders with a good track record. Various aspects are used as a measure of organizational growth, they include more production, more employees, increased market share, and expansion of its activities to various locations. The share prices for incorporated companies could also be an indicator of growth and confidence in the running of the firm.
Talos Energy is a privately owned oil and gas exploration and production company based in Houston. The company has been expanding to various locations and recently came up with plans to merge with some other companies. Due to its good performance and strong leadership, the shareholders of the company will be the major shareholders. Talos energy will also be the majority on the board of management. A strategic management team was also unveiled, which was mandated to oversee the success of the merger. The team comprised of members of Talos Energy and Stone Energy and this would ensure that there would be no conflicts in the running of the new company.
Talos Energy also put plans to be listed on the New York Stock Exchange. Being a public company, it would have a higher potential for expansion, since it will have the ability to get funds from members of the public in form of investments. The new company would come up with a plan ensure that it has high financial stability. Many companies have crumbled because of poor financial plans where some get into too much debt than they can service. The suppliers of a company are an important resource and failure to repay them would lead to the collapse of the company. Talos has a strategic management team which ensures it remains profitable.
During the financial crisis, the management decided to put its funds only to the areas they considered more productive. The company has remained resilient in its ventures and that enabled them to sign contracts and operate in Mexico, it became the first foreign exploration company. The deal was possible due to the various reforms were undertaken in Mexico concerning energy reforms. Apart from remaining profitable, the company also values its employees and this led to recognition as the best workplace among other local businesses. This is one of the reasons why the company has been successful, employees are one of the most crucial resources a company can use to boost their productivity.