Situation:
Companies that operate within the energy and resources sectors often rely upon a number of asset management processes such as hydrocarbon accounting, production forecasting and production optimisation. These process are business critical and service the core workflows of how companies convert human capital into commercial returns, as well as meeting regulatory requirements. However, many of the skills and capabilities required to effectively run these processes are often only acquirable through direct experience, meaning that significant risk exposure can be underlying across the organisational bench strength of many large companies. The leadership Team was uncomfortable with the vulnerability in the departments ability to offer business continuity of critical processes.
Task:
Spearhead a department wide initiative to ensure that all business critical roles were serviced with a pipeline of talent via an effective succession planning process. Additionally, deploy a suite of career development tools and engagement forums to promote employee engagement and company loyalty.