future leader in o&g industry by mr vipul tuli & pierre avanzo at hrrt organised by ispe...
TRANSCRIPT
Creating Future Leaders Creating Future Leaders Creating Future Leaders
of the Oil & Gas Industry
Creating Future Leaders
of the Oil & Gas Industry
27 – 28 August, 2009, New Delhi
8th Oil & Gas HR Round Table
CONFIDENTIAL AND PROPRIETARYAny use of this material without specific permission of McKinsey & Company is strictly prohibited
What an opportunity for leadership!What an opportunity for leadership!
Demand – capacity gap: immense growth potential and opportunities
Maturing fields and downstream assets
New technology and scale challenges
McKinsey & Company | 1
Climate change imperatives – energy productivity and efficiency, renewables
Greater regulatory pressure, in context of intense competition
Growing international operations and related challenges
Higher bar for leadership performance
What this means for leaders
Higher bar for leadership performance
What this means for leaders
More leaders, not managers…
▪ With more entrepreneurship
▪ With a builder’s mindset
McKinsey & Company | 2
▪ With ability to operate in completely different environments and cultures
▪ With ability to collaborate across functions
▪ With ability to work with communities and regulators
▪ With a mission to grow and develop talents
Higher bar for leadership performanceWhat this means for companies
Higher bar for leadership performanceWhat this means for companies
Rethink fundamentally how to acquire, grow and retain talents
▪ Acquire from more diverse backgrounds
▪ Rethink career paths in several ways
McKinsey & Company | 3
▪ Rethink career paths in several ways
– Make global rotation work
– Figure out specialists’ tracks
– Make international talents successful
▪ Retain through more meaning & ownership