Safety & Leadership

How often do leaders think about safety? For many corporate leaders, the primary focus is on business performance – the next quarter’s financial results and shareholder returns. For those firms with a longer-term outlook, there’ll be other considerations as they look at the sustainability of their business over decades, and of course all major firms now report on their impact on the planet and society. But above all these priorities sits the most important of all – safety.

In our latest white paper, produced in partnership with MANAGEMENT FORCE Group, a safety consulting firm, we look at the role of leaders in building a culture where safety is incorporated into everything they do.  [Read more…]

Culture Clash – Leadership Across Borders

Delegates on our MBA and Leadership programmes often ask us about the leadership challenges of running a business in multiple countries and regions.  How much should leaders adapt their style to the local culture – is it even necessary in a global company?

The short answer is yes: even the most global companies need to pay attention to the different cultures in their various markets. In some, individuals will expect to be consulted on all decisions and to have a high degree of autonomy. In others, staff acknowledge the authority of the leadership and will expect clear instructions on what they should do. Attitudes towards teamwork and collaboration may vary; local political and personal interests can play a part in motivating staff; economic factors and local business performance will also influence what sort of leadership style is appropriate. Our latest White Paper, “Culture Clash” covers these and other topics in more detail.  [Read more…]

Soft Skills, Hard Knowledge

Planning training programmes for 2019? We’ve just published our energy industry management courses for 2019, following discussion with clients about what they need (see here).  Two themes keep coming up in these discussions on training needs for 2019. [Read more…]

Talent Management in Energy – Strategies for Success

The autumn months are traditionally the time for businesses to start planning for the coming year and updating their strategies in various areas. For HR teams this often means re-visiting the talent management strategy – and the challenge of justifying training and development budgets to a Board with many other calls on resources. [Read more…]

Leadership Skills in Energy

WBC delivered its first Leadership in Energy course to 11 delegates in London at the end of June 2018.   Delegates came from the UK, Europe, Middle East, and Africa, representing various parts of the energy business, to attend the programme given by renowned Leadership expert Yanos Michopolous.  The Leadership Skills in Energy programme focused on the transition from using hard skills – required by managers in planning, organising and operating – to soft skills – required by leaders for driving change, setting direction and inspiring high performance. Through personal and practical examples based on years of experience, Yanos provided a comprehensive understanding of how to be an effective leader, how to make better decisions, and how to build and motivate teams across functions and regions. [Read more…]

The Leadership Skills Gap 2018

Last month many of you responded to our 2018 survey on the skills gap in the oil and gas industry. It’s not intended to be a sophisticated analysis of the whole industry, but taken together with other reviews of the industry, it highlights some key issues that face senior management and HR professionals in the business over the next few years. Results are broadly similar to previous years. The three biggest gaps lie in leadership skills, in long term strategic planning and in the ability to innovate. Full results, including some specific to HR departments, are in the 2018 Skills Gap White Paper (Click here).  [Read more…]

Becoming a Leader – The Transition from Management to Leadership

Our course participants and newsletter subscribers regularly emphasise the issue of Leadership in the Energy industry. We asked Leadership expert Dr Yanos Michopoulos for his views on the transition from management to leadership and to discuss some of the attributes of great leaders.

Yanos will be delivering our Leadership programme in London in June. He has 25 years’ experience in Oil & Gas, Renewables, Shipping and related industries and is an acclaimed lecturer in Leadership with various business schools and institutions. Here are his thoughts on the Leadership question:

Defining the key characteristics of a great leader always makes for an interesting start of any Leadership programme. “Great leaders are born, not made”, some would argue, usually citing Winston Churchill or Nelson Mandela as examples. Others disagree: leadership involves a range of skills that people can learn, just as they learn how to assess Oil and Gas reserves or to structure a production offtake agreement. Naturally, there are some innate personality traits that might help (e.g. a high EQ score), but most leadership skills can be developed over the course of a career. [Read more…]

Will rising oil prices lead to a renewed shale boom?

Will shale’s return on investment be higher and faster with a rising oil price or does it lose its competitive advantage above $60? Jonathan Green, upstream oil and gas business analyst, provides some provocative food for thought on shale as we approach the end of 2017.

Hydrocarbons are effectively an infinite resource. It just depends on how much you are prepared to spend to exploit them. Many shale players are stating that they can profitably produce at US$40/bbl and that they are well positioned to ramp up production massively as the price of WTI moves beyond US$60/bbl. However, shale’s resilience has to a large extent relied on the willingness of the capital markets to fund persisting cash-flow deficits in E&P companies. [Read more…]

Disrupting the Business Model – when Partners become Competitors

News that Schlumberger is investing in its clients’ projects has resurrected an idea that could disrupt the traditional E&P business model. David Finlayson & Peter Smith look at the pros and cons of the initiative and what it means for careers and corporate culture. [Read more…]

Oil & Gas in a Word

Advertising guru Maurice Saatchi created the concept of one-word equity – using a single word to capture a brand’s value to its stakeholders. Can the same idea be applied to an entire industry? We posed the question (What’s one word to describe the Oil & Gas industry?) to 60,000 contacts and our wider industry network via LinkedIn and Twitter last month. See the word clouds for some of the many “Oil & Gas in a word” responses. [Read more…]

Do NOT follow this link or you will be banned from the site!

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. Ok