Workforce Strategy, Organizational and Leadership Development
The future of energy is now. Though global signs have been pointing to an upturn in industry fortunes and a cautious optimism grows, we cannot rest on our laurels. It is time to review the mistakes and ineffectual policies which left organizations grossly unprepared for yet another dip in fortunes leading to over 400.000 worldwide layoffs and long-lasting damage to industry image over the past few years. The cyclical, volatile and politically influenced nature of the energy industry is not a recent phenomenon, and we have the tools to develop people strategies and policies which will leave us better prepared for periodic downturns. Resilient and Sustainable organizations are change-able, innovative, adaptable, and future-oriented, and it all comes down to the management of their people. Most importantly, however, the organizations which tend to handle adverse market situations most favorably have the right people in the right roles. This includes actively identifying and developing leadership potential, creating clear and fair succession plans, providing the right learning platforms and an individualized approach to career planning.