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Oxford Management Centre

Strategic Talent Management in the Oil and Gas Industry

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Next dates

Apr 29—May 3
5 days
Houston, Texas, United States
USD 6950
USD 1390 per day
Jul 15—19
5 days
Houston, Texas, United States
USD 6950
USD 1390 per day
Sep 8—12
5 days
Abu Dhabi, United Arab Emirates
USD 5950
USD 1190 per day
+2 more options

Description

INTRODUCTION

Never, in this highly competitive and unstable economy, has managing and retaining talent been more important for the oil and gas industry. Losing or not being able to recruit the best talent can have a disastrous impact on an organization’s growth and sustainability. On this highly-interactive seminar you will learn about key talent management processes, systems and procedures and how to apply these in the multi-complex and diverse industry that is Oil and Gas.

You will gain insight into talent identification methods, grading structures, competency/behavioural frameworks, the effective use of psychometric tools and other assessment methods. Having identified your talent or high potential, you will learn about the optimum development options, ensuring the effective focus of talent in the organisation.

In addition, you will understand and develop succession plans to ensure positive career paths and development for talent and high potential employees, so securing sustained growth of the organisation.

The seminar will highlight:

  • New perspectives and understanding of talent management and high potential identification
  • Aligning Business Strategy and Talent Management in the complex multi-discipline Oil and Gas industry
  • Process and systems to identify, develop and retain your talent and high potentials
  • Development strategies to ensure your talent and high potential achieve their optimum performance
  • Succession planning as a key differentiator in an organisation’s success and how this is achieved
  • Strategic direction to optimize your talent and high potential pipeline in your organization to provide continued sustainable growth

OBJECTIVES

In this program you will learn to:

  • Define talent, talent management, high potential and succession planning
  • Identify and create development strategies to optimize your talent and high potential
  • Understand, develop and employ talent strategies within the complex multi-discipline oil and gas industry
  • Design and develop effective succession planning strategies
  • Lead and manage OCR (Organisational Capability Review) meetings to ensure your organisation’s growth

TRAINING METHODOLOGY

The seminar will combine tutor-led presentations with interactive experiential exercises and case studies. Delegates will be encouraged to participate actively in relating the principles of talent management and high potential development to the particular needs of their workplace.

ORGANISATIONAL IMPACT

Leaders and managers of talent within their organization:

  • Have the ability to understand and relate to people in the organization
  • Provide the mechanism for sustainable growth of the business
  • Possess the skills and development aptitude to ensure the growth of individuals to achieve their maximum potential
  • Create and drive the strategy to make individuals and the organisation outstanding

PERSONAL IMPACT

This seminar teaches the competencies that enable leaders to:

  • Identify, develop and retain high potential and talented people
  • Understand and formulate higher level strategy to drive their organisation’s growth
  • Analyse complex personal data, models and theories using subjective and objective processes
  • Improve their ability to communicate, influence and work with others
  • Build and effectively develop better people in a sustainable way.

Day1 - Defining and attracting talent in the oil and gas industry

  • Talent Management – overview and background
  • Talent / High potential – defining the criteria
  • The complex dimensions of oil and gas demographics
  • Talent options – recruit external – or grow internal?
  • Aligning Talent Management with Organisational Development (OD) and Business Strategy
  • Utilising Workforce Planning and other sources of data
  • Attraction strategies – use of media and other channels

Day2 - Creating your High Potential Talent Pool

  • Talent management models, grading and structures
  • Assessment methods and systems – use of Psychometric/Behavioral/Competency frameworks
  • Conducting an effective Talent Gap Analysis
  • ABC model of Potential – getting the criteria right
  • Using the 9 Box Grid, and other methods to create your talent and high potential matrix

Day3 - Developing your Talent and High Potentials

  • Defining high caliber development options
  • Conducting an effective performance discussion
  • Creating individual development plans
  • Powerful feedback techniques: motivating individuals to achieve higher potential
  • Coaching for success

Day4 - Retaining and Sustaining your Talent and High Potentials

  • Career paths – guidance for growth
  • Using mentoring programmes to develop and retain your talent
  • Reward strategies – intrinsic and extrinsic incentives to motive your talent
  • Managing expectations and delivering workable outcomes
  • Growth rotation development (assignments, experience strategies)
  • Creating a sustainable talent pipeline

Day5 - Strategic Succession Planning and Organisational Capability Review

  • Defining your bench strength
  • Succession Planning and the OCR process
  • Conducting effective Calibration Meetings
  • Formulating a strategic talent plan for the organization in line with the Business Strategy
  • Communicating the Strategy to the Board and the Company
  • Conclusion and Review

Who should attend

This program will greatly benefit individuals, within or aligned to the oil and gas industry, who wish to develop their leadership knowledge and skills in strategically managing, developing and retaining talent and high potential people:

  • Professionals
  • Managers
  • HR personnel
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