the year that was - 2nd hr round table (2003)
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UPES does not own the content in this presentation. These are presentations presented in 2002 during the 2nd HR Round Table.TRANSCRIPT
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The year that was and the The year that was and the way forward…..way forward…..
22ndnd HR ROUND TABLE 2003 HR ROUND TABLE 2003
Hotel Taj Mahal, Mumbai
DR PARAG DIWANChief Operating Officer
Presented at HR Round Table organized by ISPe & UPES, Dehradun
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HR ROUND TABLEHR ROUND TABLEA Forum of Oil & Gas HR ProfessionalsA Forum of Oil & Gas HR Professionals
ISP conducted 1st HR Round Table last year
on July12-13, 2002 with an endeavour to
create a platform for experiential learning and
sharing of HR interventions to keep our Oil &
Gas sector vibrant.
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MAJOR TAKE FROM MAJOR TAKE FROM 11stst HR ROUND TABLE HR ROUND TABLE
The need of restructuring, post dismantling of
APM regime, of the oil and gas Organizations was discussed at the 1st HR Roundtable, which revealed that
An era of change and intense competition is ahead.
Therefore, several HR initiatives would be taken by Cos. to remain competitive.
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LANDSCAPE OF OIL & GAS LANDSCAPE OF OIL & GAS INDUSTRYINDUSTRY
•New Policies
•New Policies •Contracting•Contracting
•Mergers •Acquisitions
•Cost Optimization
•Cost Optimization
•Change of Guard
•Disinvestment•Disinvestment
•Consolidations
•ProcessImprovement
•ProcessImprovement
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IMMINENT POLICY CHANGESIMMINENT POLICY CHANGES
Common Carrier Principle
Petroleum regulatory Bill
Petro Retail rules
Auto fuels policy
LNG Policy
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MAJOR CONTRACTSMAJOR CONTRACTS
NELP III Contracts
Farm Out
Gas contracts
CBM I contracts
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DISINVESTMENTSDISINVESTMENTS
HPCL
BPCL
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ACQUISITIONSACQUISITIONS
ONGC acquires MRPL
RIL acquires IPCL
IOCL acquires IBP
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INTERNATIONAL FORAYSINTERNATIONAL FORAYS
OVL & GREATER Nile project
IOC in Sri Lanka
India Bangladesh pipeline
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MERGERS / JV’sMERGERS / JV’s
RIL and RPL
Petronet LNG
BG, RIL & ONGC
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PRODUCT PRODUCT
Club HP
Pure for Sure
Quantity and Quality
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SERVICE BRANDINGSERVICE BRANDING
Speed
Power
Josh
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CHANGE OF GUARDCHANGE OF GUARD
IOC, BPCL, HPCL, OIL get new CMDs.
New HR Chiefs assuming charge at ONGC, GAIL, OIL, IOC soon.
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PROCESS IMPROVEMENTSPROCESS IMPROVEMENTS
ERP
Business Process Re-engineering
Optimization Programs
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THE WAY FORWARD …THE WAY FORWARD …
2003 – 04 will see several business initiatives by the industry to retain its competitive advantage.
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STRATEGIC IMPERATIVES FOR THE OIL STRATEGIC IMPERATIVES FOR THE OIL AND GAS INDUSTRYAND GAS INDUSTRY
PROFITABILITY
NEW PARADIGMS
REGULATORYNORMS MARKET SHARE
GROWTH
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OPERATING CULTUREOPERATING CULTURE
Global inter company and inter industrial comparisons
Cost Optimization and process improvement
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PROFITABILITYPROFITABILITY
Will become and measurable per person, per operation per location per SBU, per outlet, per month, per quarter………..
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GROWTHGROWTH
Will largely come from capturing premier segments,
diversification and geographical expansions
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MARKET SHAREMARKET SHARE
Will be determined by customer touch point excellence and new product development
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NEW PARADIGMNEW PARADIGM
Emergence of specialization's & portfolios, working capital managers, pricing managers, bidding managers, business unit analyst...
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REGULATORY NORMSREGULATORY NORMS
Governing, accounting practices, Business ethics,environment practices, health and safety will become stricter
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ORGANIZATIONAL TRANSFORMATION ORGANIZATIONAL TRANSFORMATION PROCESSESPROCESSES
To achieve the nimbleness to face competition most oil & gas companies are going through organization transformation processes.
Project Manthan of IOC CRC Project of ONGC Project Parivartan of GAIL
We are all gathered here for 2nd HR Round Table to share and learn from such processes.
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