Fit for action

A combination of factors are driving down oil prices leaving the sector facing an uncertain twelve months ahead. Hay Group’s Chris Shennan argues that in order to prevail in this unpredictable environment, firms can improve their organizational fitness by focusing on the fundamentals

Organizations can focus on the right things and remain agile in this unpredictable market. They include:

  • Planning a workforce to match their predicted requirement
  • Keeping a lid on inflationary reward
  • Seeding innovation
  • Driving collaboration
  • Creating the right leadership

 

Fit for action

Fit for action

The challenges facing the oil and gas industry in 2013 More