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Running Head: ORGANIZATIONAL BEHAVIOR: A CASE STUDY OF BC HYDRO 1Organizational Behavior: A Case Study of BC HydroStudent’s NameInstitutional Affiliation
ORGANIZATIONAL BEHAVIOR: A CASE STUDY OF BC HYDRO 2Organizational Behavior: A Case Study of BC HydroIntroduction The BC Hydro and Power Authority, simply referred to as BC Hydro is an electricity utility firm based in British Columbia, Canada. It is headquartered in Vancouver, and it is the major distributor of electricity in the province of British Columbia, serving close to two million customers. The company is a provincial Crown corporation, and thus it reports directly to the British Columbia Ministry of energy and mining. Therefore, its activities are regulated by the British Columbia Utilities Commission. The gazetted role of BC Hydro is to generate or purchase electricity and distribute or sell it to the residents of British Columbia. It currently has 32 hydropower generation facilities and three thermal power generation facilities. BC Hydro was established in 1961 by the British Columbia government, with a mandate to generate, transmit, and distribute electricity to the residents of British Columbia. The companyis a result of the amalgamation of BC Electric Company and the BC Power Commission. Before the merging of the two companies, BC Electric Company was operating privately. The BC PowerComission had been established in 1945 to merge all power generating firms in British Columbia. Since 1961, BC Hydro has continued to grow its capacity of production in its hydroelectric producing facilities. Currently, it has over 6000 employees and a production capacity of over 13000 megawatts. BC Hydro has always been touted as one of the most effectively run organizations in British Columbia. Although it is a Crow Provincial corporation, its organizational culture has been a point of reference for many other Canadian firms. The management framework of the company is guided by the legislative act that established the BC Hydro and the British Columbia
ORGANIZATIONAL BEHAVIOR: A CASE STUDY OF BC HYDRO 3Utilities Comission (BCUC). The current CEO is Chris O’Riley and he has held that position since 2017. The financial performance of the company has always been healthy, with the company retaining a debt /equity ratio of 80:20. With the adoption of modern technology, the effectiveness of the company’s services has dramatically increased over the years. The company has consistently been rated highly by BC residents. It has also been at the forefront of fulfilling its corporate responsibilities. A good example is the rolling out of a program in 2020 to enable itscustomers to apply for a COVID-19 relief fund, in the wake of a global health emergency. However, the company has faced accusations of neglect of environmental laws by continuing production means that release greenhouse gases. However, the company has established a plan that will enable it to shift entirely to sustainable green power production in the foreseeable future. This paper analyses the concept of organizational behavior with respect to BC Hydro,