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Why Choose this Training Course?
The oil and gas industries are going through a period of significant change. The outlook for oil and gas prices is volatile, difficult to forecast and subjected to pressures from alternative energy sources. At the same time the growth in global demand is coming from newly industrializing markets in addition to recovery in the more mature economic zones. This has major implications for upstream and downstream operations and for the type and level of investment that will be required over the medium term. These developments also have a direct impact on the closely linked petrochemical business.
In summary, the oil and gas business will require a different strategic approach in the future. This high-level PetroKnowledge training course “Strategic Management in the Oil and Gas Business – Sustaining High Performance in a Rapidly Changing Market” will enable you to design and manage the new approach.
This training course will highlight:
The changing structure and dynamics of the global oil and gas business
Creating and implementing a robust business strategy
Aligning and linking strategic and operational management
How to implement strategic plans effectively
Achieving strategic change in your organisation
What are the Goals?
At the end of this training course, you will learn to:
Analyse where the best opportunities will be found in the future
Develop a highly focused strategy to take the best opportunities
Concentrate resources and actions to sustain competitiveness
Manage the key processes of strategy innovation and strategic change
Create and lead an effective team to take the new strategy forward
Who is this Training Course for?
This course is designed for experienced professionals in the oil and gas industry who wish to gain a broader appreciation of the scope of strategic management and develop their personal contribution in creating the future for their organisation. The course is suitable for a wide range of professionals but will greatly benefit:
Specialists in marketing and business development
Managers / leaders in finance and accounting
Specialists in upstream and downstream operations management
Scientists in research and development
Human resource and organizational development managers
How will this Training Course be Presented?
This training course will utilize a variety of proven learning techniques to ensure maximum understanding, retention and application of the information presented. This approach will emphasise analysis and discussion of real-time case examples of situations in which the course leader has been personally involved. This will be supported by group work on case studies and interactive discussion.
In sending delegates to this PetroKnowledge training course, the organisation will gain the following benefits.
Improved organisational performance through better resource allocation
Application of strategic thinking into all levels of the organisation
Top management having more confidence in the decisions of its staff
An integrated approach to decisions at strategic and operational levels
Sharply focused views on the extent and direction of change required for success
More effective programme and project implementation by managers
In attending this training course, delegates will acquire the following skills and competencies.
Improved career flexibility and prospects
Accelerated thinking speed and problem resolution
Detailed understanding of the strategic impact of individual specialisms
Improved leadership and teamworking capabilities
Continuous improvement in applying leading-edge planning approaches
Understanding of best practice in achieving strategic objectives
Day One: The Current and Future Dynamics of the Global Oil and Gas Business
Structural Change in Supply and Demand in the Global Oil and Gas Business
The Future of Oil and Gas compared with other Major Energy Sources
Developments in Upstream Activities and their Strategic Impact
Developments in Downstream Activities and their Strategic Impact
The Changing Significance of the Petrochemical Sector
Forecasting the Future Major Trends in Oil and Gas
The Changing Balance of OPEC and non-OPEC Activities
Day Two: Creating and Applying a Robust Business Strategy
Leading-edge Thinking in Business Strategy
The Process and Content of Contemporary Strategic Analysis
How to Create an Effective Strategic Plan
Focus and Concentration of Resources to Sustain Advantage
Financial and Non-Financial Performance Management
Contrasting Examples of Successful Strategies
Executing Strategy – Break It Down and Get It Done
Day Three: Aligning and Linking Strategic and Operational Management
The Principle of Strategic Alignment and its Significance
Programmes, Projects and Policies – Cohesion and Priorities
Aligning Corporate Resources with Objectives and Targets
Aligning the Organizational Structure with the Strategic Plan
Designing an Information System to Facilitate Effective Control
Coordinating Strategic and Operational Management
Dealing With Variance and Divergence in Operational Management
Day Four: How to Implement Strategic Plans Effectively
Structuring and Managing a Strategic Planning Team
Setting Strategic and Operational Goals and Targets
System Control and the Requirement for Agile Capability
People Development – Cascading Your Strategy
Strategic and Operational Reviews and Consequent Decisions
Resource Budgeting and Internal / External Relationships
Identifying and Planning for Change in the Oil and Gas Business
Day Five: Achieving Strategic Change in the Oil and Gas Business
What are the Main Factors Affecting Profitable Growth in Oil and Gas Business?
Where are the Best Opportunities in the Changing Global Oil and Gas Market?
Value Migration and Value Capture – The Quest for Sustainability
What are the Investment Priorities to support the Process of Change?
The Strategic Manager as Coach and Mentor for Team Members
Gaining Buy-in and Commitment amongst the Various Stakeholders
Deciding your Top Priorities after Completing this Training Course
On successful completion of this training course, a PetroKnowledge Certificate will be
awarded to the delegates