The primary force behind this change will be the gradual adoption of lower-carbon energy. This will create a fundamental disruption that will be further amplified by the adoption of new technologies, evolving societal expectations for business, the changing demographic profile of the world’s population and the economic emergence of developing nations.
While there’s debate over how far and how fast these changes will go, there is consensus that they cannot be entirely avoided. The challenge for oil and gas companies is to figure out how to embrace this new world and use it to create a more agile and profitable business model that is capable of capitalizing on the disruption.
In this paper, we outline an organizational model and outlook that companies and HR departments will need to develop over time to enable them to respond effectively to this new, evolving reality.