From Assessment to Action: Extending the Role of Management Consultants in Oil & Gas


Whether it’s the need for manpower, cost savings, or an outside perspective, the impetus behind companies bringing in consultants is obvious – they’re looking for that competitive edge. One way to do that is to gain insight from the oil and gas industry’s heavy hitters. These experts are valuable because they bring a fresh pair of eyes to each environment. Often, they also offer a more holistic viewpoint of the industry, having likely worked across numerous companies and in varying capacities. This broad, outsider opinion helps consultants recognize ailing processes and recommend paths that allow companies to improve them. Something puzzling, however, is that a consultant’s job typically ends once the strategy is established or the assessment stage is complete.  How much more value could be realized if consultants saw their plans come to fruition.
[Read more…]

Oil & Gas Industry’s Most Wanted


The in-demand skills and jobs during this turbulent time in the market
 
The past year has brought significant turbulence to the oil and gas industry in major U.S. markets and throughout the world. Subsequently, the hiring landscape has shifted as certain projects have been postponed or abandoned to offset costs.
[Read more…]

Four Essential Executive Talent Strategies to Succeed in a Low Commodity Price Environment


In the past months, oil and gas companies have been forced to re-evaluate their priorities and shift their strategies due to the low commodity price environment. As a consequence, we have seen a renewed focus on operational efficiency, an activity movement to downstream, board effectiveness evaluations and search for new channels of growth through capital reallocation.
[Read more…]

What’s Ahead for Employment in the Oil and Gas Industry?


There are many factors at play that have combined to dramatically curtail the need for oil. Aside from oversupply, other major contributors include global economic weakness – especially slower growth in China and continuing financial problems in Europe – tougher fuel economy regulations; more viable forms of alternative energy; and the development of extremely efficient engines on equipment as varied as cars, earthmovers and power plants. The dramatic growth of shale oil exacerbated the glut and had a hand in driving oil prices down along with OPEC’s strategy to keep pumping and exporting.
[Read more…]