Due to the nature of the industry and recent trends, oil and gas companies are dealing with some very specific people- management issues.
Sarah McNaught, Head of UK Energy & Natural Resources and Mark Williamson, UK Head of People & Change, explain how KPMG‘s People powered performance (P3) solution is helping businesses in this sector to address their challenges.
Most businesses – and certainly those that have to employ more than a handful of workers – can face a familiar range of people-related issues: finding and recruiting the right people; matching capacity to demand in a volatile marketplace; motivation and reward; and, in the current climate, getting more from the workforce while very often reducing overall costs.
But these common challenges are inevitably overlaid by the individual circumstances of a particular
In an energy-hungry world, Oil & Gas is an industry defined by exploration and production wherever reserves can be found. In practical terms, this sees companies operating in hostile or difficult environments, ranging from politically volatile states through to physically hostile territories. Equally, the environmental impact of the industry and concerns about climate change have contributed to an image problem. Both these factors – writ large on news bulletins – have made it harder for
Traditionally companies have tended to address their people challenges on a case-by-case basis, with responsibility for individual projects often split between functions within the
The starting point for P3 is an assessment of the factors affecting people and performance within an
The result of this is a plan that addresses a company’s people requirements, giving HR,
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