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Trends Impacting Agility in Oil & Gas

Trends Impacting Agility in Oil & Gas. External Drivers Big Trends Impacting Agility in HR How will HR Respond?. AGENDA. Access to markets & capital New technologies & energy efficiency measures Operational Efficiency – costs Social License, industry perception Skills gaps & mismatches

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Trends Impacting Agility in Oil & Gas

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  1. Trends Impacting Agility in Oil & Gas

  2. External Drivers • Big Trends Impacting Agility in HR • How will HR Respond? AGENDA

  3. Access to markets & capital • New technologies & energy efficiency measures • Operational Efficiency – costs • Social License, industry perception • Skills gaps & mismatches • Regional disparities – demand & supply • Expect more from Education – literacy, numeracy, critical skills, career pathways External Drivers

  4. Demand-driven Workforce Solutions • Strategies to address supply of skilled workers: • Sourcing Canadian talent supply - areas of high unemployment • On-line Career Fair to attract Canadians into O & G Services • Utilize under-represented labour supply pools • Increase use & completion rates of apprentices • Targeted recruitment of internationally trained workers & temporary foreign workers • Enhance mobility of transferable skills across industries & Canada Big Trends Impacting Agility in HR

  5. Increase Energy Literacy & Career Awareness (especially amongst youth & career influencers) • Reputation management & branding: • Investments in a variety of communications initiatives to address perceptions and improve Energy Literacy • Economic impact and environmental stewardship are the focus • Jobs are positioned as an economic benefit • Timely & relevant Labour Market Information Big Trends Impacting Agility in HR

  6. Business Needs more from Education • Increased engagement in all levels of education & demand for a more effective & efficient training & education system: • Expectations on universities to develop skills in-demand & “soft skills” (critical thinking, complex problem-solving, communications & applied knowledge in real settings) • Career pathways from & within high school (Dual Credit, RAP, school to work transitions & career pathways, links to economy) • Investments in training programs (core competencies & essential skills) Big Trends Impacting Agility in HR

  7. Collaboration to Address Complex Issues • Collaboration is the new norm to address complex issues that span jurisdictions • Overlapping Portfolios: Oil Sands Learning Network; Wood Buffalo Apprenticeship Forum; GOA Industry Contributor Groups; COAA • Critical mass difficult to achieve – compete for resources & leadership support • Value-added but may not be agile Big Trends Impacting Agility in HR

  8. Accelerate talent match – different, more creative solutions • Innovative approaches to mobility • Disciplined, standards-driven & focused on operational expenditures (we are a cyclical, commodity business) • More collaboration to build skills – independently not making enough progress, partnership models needed • Strategic agility in certain spaces – talent supply, productivity, learning & competence-building • Coalitions to advocate on policy & regulatory issues How Will HR Respond?

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