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Climate Change – Opportunities for Oil & Gas in the Transition to Low Carbon Energy

In the midst of the global tragedy of the Covid-19 Pandemic, it’s easy to forget that only a few months ago the headlines were dominated by the issue of Climate Change. In partnership with The Energy Year we recently completed our 7th survey of energy professionals, asking for their views on climate change and related issues, and this week we publish our report  on the findings. [Read more…]

Looking Beyond Oil & Gas – The Energy Year

Business Intelligence provider The Oil & Gas Year is re-branding as The Energy Year. At WBC,  our leadership programmes have expanded to include renewables, and it’s clear from our current Climate Change survey that many in the industry recognise the future lies in a mix of energy sources and a transition to much more efficient  oil and gas sector that minimises emissions. This view is shared by our partners at The Energy Year, formerly The Oil & Gas Year, who have just announced the re-branding of their Business Intelligence reports. [Read more…]

What’s your view of Climate Change?

Please give us your views on Climate Change – until 2016 we used to run an annual survey of our network asking for industry views on climate change and global warming. The survey generated lively debate, drawing comments from all sides of the argument. By 2016, the discussion about climate change entered a new phase as ideas about carbon emissions and the need to reduce them became commonplace in many boardrooms around the world. After a four year gap, we are now repeating our survey, to see how attitudes within the oil and gas industry – and the broader energy sector – have changed since then. It remains firmly in the public eye, and the oil and gas industry is often singled out as the main cause of global warming.

Is this fair? Whose responsibility is it – individual consumers, governments, or corporations? What other sources of energy should we be looking at? These are some of the questions we ask in our short survey, which takes no more than a few minutes to complete, with all answers completely anonymous. We will be producing a report on the results in April 2020, looking at what it means for managers and leaders in the industry as they try to attract and develop talent in our fast changing business.

Please click here to take the survey – it’s very short and responses will be kept anonymous

Digital Transformation in Energy

For those of us who are not in IT, the words digital, digitisation and digital transformation may seem peripheral – technologies that affect our business but that we don’t really need to understand. We know – if only from using smart phones – how much the digital revolution has changed the way we live; but it’s now set to change the way we work and no manager can afford to ignore the potential of the new wave of technology available to business. The oil and gas business has not always embraced new technology as quickly as other sectors, but Digital Transformation (or DX) is now a hot topic across all industries and it has great potential for the energy sector – as long as companies view it as a strategic priority rather than an IT project. As we launch our new Digital Transformation course, we’ve recently completed a study of how oil and gas companies are addressing this. [Read more…]

Digital Transformation in Energy – what’s your view?

Digital Transformation (DX) is the hot topic of the moment. How will it affect the energy sector – and is the energy sector ready for it? These are some of the questions we pose in our new survey on Digital Transformation in Energy as we try to find out how companies are approaching this issue.

Take our survey here – it’s very short and will only take a few minutes of your time. All responses are confidential. [Read more…]

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…]

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…]

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