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A 3 DAY MASTERCLASS
STRATEGIC INNOVATION
IN OIL & GAS
In a world of increasing uncertainty and accelerated change, how
do you ensure value creation and sustainable growth?
Your Expert Course Director
LEO ROODHART
Leo’s career in the oil & gas industry spans more than 30 years in the areas of Production Engineering, Strategic
Innovation and Scenario Planning, Renewable Energy and New Business Development in Shell globally. He
became President of the Society of Petroleum Engineers (SPE) in 2009. As President of the SPE he travelled the
Energy world and built an extensive external network in the oil and gas industry.
Masterclass Overview
The oil & Gas industry has had a volatile ride for the last decade. Oil prices have been fluctuating between $30 and
$130/bbl and now with Shale oil appearing as a serious competitor and LNG positioning itself more as the transition fuel
of the future. Of course we never knew what we do not know but it seems to be getting more unclear what the future
holds, especially for the oil & gas industry. Uncertainty seems to rule, and turbulence of our business environment
seems to be reaching a new climax year after year, and the end of common strategic planning is in sight.
The main culprit or accelerator here is technology enabled innovation. Would you have thought that social networking
tools, developed to engage communities, such as Twitter and Facebook would have aided the overthrow of
governments? It has been said before that the Stone Age did not end due to lack of stones. One technology break-
through in battery technology or superconductivity might completely change the energy world and with it the massive
oil & gas industry and infrastructure that now fuel the world economy.
This Master Class is about crafting and executing a resilient technology strategy supported by strategic innovation. The
course introduces the concept of Scenario Planning linked to a long-term Strategic Innovation Strategy. It attempts to
cover important questions such as how to identify relevant innovation domains and how to fill these domains with
projects that allow the company to grow in an uncertain world.
The participants will learn how to make scenarios for oil & gas industry, identify plausible futures for their own company
and design pathways to travel to these futures supported by a robust innovation strategy. The course format will
include lectures interspersed with exercises where the participants make their own long-term scenarios; identify
technology domains to support these scenarios and finish with an implementation plan. Discussions and exercises will
use existing scenarios developed by the World Economic Forum (WEF), Shell and others as examples.
What this course will focus on:
 Futures; uncertainty in a complex world
 Scenarios; how to make them practical
 Strategic Innovation; Planning and executing
What are benefits from attending this Masterclass?
 Design and build long term scenarios to explore strategic expectations
 To be able to define a long term innovation strategy focused on possible future needs supported by long term
business scenarios
 Understand stage-gated technology development and innovation
 Learn how to value a portfolio of innovation projects, use various ‘lenses’ to manage and cull.
 Use scenario thinking linked to innovation to create options for new ventures
 Deploy transparent and structured frameworks for new ways of doing business
 Understand and minimise risk in technology investment decisions
 Safeguard enterprise and growth against black swan events
 Balance bottom up innovation with top down corporate strategy
Who Should Attend?
Business unit leaders and managers across the energy, oil & gas value chain, planners, strategist, analysist, change
management professionals, information and technology systems professionals, business development professionals,
economists, risk management managers and others involved in driving change and innovation in the organisation.
University level degree preferred. Familiarity with the energy business will be essential.
3 DAY MASTERCLASS PROGRAM
DAY 1
Key Leanings:
 Why do I need to know about scenarios;
 What are scenarios;
 How are they built;
9:00 Introductions
9:30 What are scenarios and how are they used
• Exploring strategic assumptions
• Models; Forecasts; Visions; Scenarios
10:30 Break
11:00 Changes and Challenges in the Oil and Gas Industry
• Introduction
• Exercise 1 - Identify top 3 challenges and top 3 changes
12:00 What are scenarios
• Different views of the same
• Shell scenarios; World Economic Forum (WEF) scenarios; Wartsilla
scenarios
13:00 Break for lunch
14:00 Making Scenarios
• Strategic Landscapes
• Different scenario building methods
• Identify 2 most critical and uncertain factors
• Create a scenario matrix
• Communicating scenarios
15:30 Break
16:00 Exercise 2 - Make your own Global Scenarios:
• Formulate central questions
• Identify driving forces and critical uncertainties
• Create 2x2 grid based on impacts and uncertainties in the energy
world
• Name quadrants -> scenarios
17:00 Present scenarios to group
DAY 2
Key Learnings:
• How are Scenarios used
• How do I use scenarios to focus Innovation
• how to generate strategic options
• How to Innovate
9:00 Using Scenarios
• WEF Mining and Metals scenarios with video presentation
• Exercise 3 - Review the main points:
o Update yesterday’s scenarios and develop Stories.
o Develop list of implications emerging from each
scenario
10:30 Break
11:00 Using Scenarios: From Scenarios to creating strategic options
• The concept of various pathways:
 company future
 innovation domains
 future technology
 Testing options - ‘wind tunnelling’
12:30: Lunch
13:30 From Scenarios to strategic options
• Exercise 4 - Identify plausible future for the company
• Identify key threats and opportunities for the oil and gas sector in each
scenario
• Identify the strength and weaknesses of “your” company in each scenario
• Combine opportunities and strengths to identify alternative company future
or strategic options, aiming for 2 plausible futures per scenario
• Combine treats and weaknesses to identify what is missing to get there
• Aiming for 4 Domains per pathway 15:00 Present to group
15:30 Break
16:00 Filling the Domains with projects: Innovate!
• What is innovation?
o Examining the Kodak example
• Innovation processes
o The Funnel
• Generating ideas:
o Open innovation
o GameChanger
o Scouts 17:30 Close
DAY 3
Key Learnings:
 How to make an Innovation strategy
 Stage-gated processes
 how to manage an innovation project portfolio
 how to use ‘lenses’ to rank the portfolio
 Execution is Key
9:00 Innovation strategy as part of the greater technology strategy
 NASA’s technology ‘readiness levels’ concept
 Governance; bottom-up vs. Top-down 10:30 Break
11:00 Manage the portfolio
 Execution is key - the use of strategic ‘lenses’
 Exercise 5 - portfolio ranking:
 Develop 5 realistic strategic lenses
 Look at the portfolio through each lens and score projects
 Crossplot lenses and identify top 5 projects 12:30 Present to group
13:00 Lunch
14:00 The Valley of Death
 The most difficult of all: Implement a new concept in the business
 Bottlenecks and hurdles
 Deployment models
Exercise 6: How will your company from now on:
 Scan, evaluate and prioritize emerging technologies
 Link emerging technologies to markets in a timely manner
 Tie technology investments to corporate strategy
 Manage the tension between radical and incremental innovation
 Get new technology adopted by operating companies 17:00 Questions and
answers and end of course
17:00 Questions and answers and end of course
About your Expert Couse Faculty
LEO ROODHART
Leo’s career in the oil and gas industry spans more than 30 years in the areas of Production
Engineering, Strategic Innovation and Scenario Planning, Renewable Energy and New Business
Development in Shell globally. He became President of the Society of Petroleum Engineers
(SPE) in 2009. As President of the SPE he travelled the Energy world and built an extensive
external network in the oil and gas industry.
His last position was head of Group GameChanger, Shell’s corporate strategic innovation program that identifies
and sponsors the development of new breakthrough technologies in the context of the various technology
futures for the oil industry. In this role, he built and led Shell’s innovation network “the GameChanger
Coalition”, a very effective cross business unit of innovators and strategists that generates a portfolio of options
for potential new businesses and technologies. He was instrumental in defining the group’s innovation strategy
and successfully executed a number of projects ranging from biofuels from Algae to floating LNG. He brought
Scenario thinking into Shell’s innovation process and aligned Shell’s innovation portfolio with Shell’s corporate
strategy.
Leo is currently an Associate Fellow at Said Business School, University of Oxford, on strategic innovation and
teaches strategic innovation at the MBA program of the London Business School. He published papers in
numerous technical journals such as the Journal of Petroleum Technology, and business journals including
Research Technology Management Journal and Long Range Planning. He was also a senior advisor to
Schlumberger from 2010 – 2015. Leo retired from Shell in 2010, having joined the company in 1980 after
acquiring a PhD in Mathematics and Physics.
Leo developed the 3 day course, based on a publication with Oxford University Rafael Ramirez, on scenario
planning and how to link long term global scenarios to a short term innovation strategy
sgd
STRATEGIC INNOVATION IN THE OIL & GAS
R E G I S T R A T I O N F O R M
DELEGATE DETAILS
DELEGATE 1
PAYMENT METHODS
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Make Payable to Asia Edge Pte. Ltd.
By Direct Transfer
Please quote your invoice number with the remittance advise
Account Name: Asia Edge Pte. Ltd.
Bank Code: 508
Account Number: 762903-001
Swift Code: OCBCSGSG
All bank charges to be borne by payer. Please ensure that Asia Edge
Pte Ltd receives the full invoiced amount.
PAYMENT POLICY
Payment is due in full at the time of registration. Full payment is
mandatory for event attendance. By submitting this registration form,
you have agreed to Asia Edge Pte Ltd’s payment terms
CANCELLATIONS & SUBSTITUTIONS
You may substitute delegates at any time. ASIA EDGE PTE LTD does not
provide refunds for cancellations. For cancellations received in writing more
than seven (7) days prior to the training course you will receive a 100%
credit to be used at another ASIA EDGE PTE LTD training course for up to one
year from the date of issuance. For cancellations received seven (7) days or
less prior to an event (including day 7), no credits will be issued. In the event
that ASIA EDGE PTE LTD cancels an event, delegate payments at the date of
cancellation will be credited to a future ASIA EDGE PTE LTD event. This credit
will be available for up to one year from the date of issuance. In the event
that ASIA EDGE PTE LTD postpones an event, delegate payments at the
postponement date will be credited towards the rescheduled date. If the
delegate is unable to attend the rescheduled event, the delegate will receive
a 100% credit representing payments made towards a future ASIA EDGE PTE
LTD event. This credit will be available for up to one year from the date of
issuance. No refunds will be available for cancellations or postponements.
ASIA EDGE PTE LTD is not responsible for any loss or damage as a result of a
substitution, alteration or cancellation/postponement of an event. ASIA
EDGE PTE LTD shall assume no liability whatsoever in the event this training
course is cancelled, rescheduled or postponed due to a fortuitous event, Act
of God, unforeseen occurrence or any other event that renders performance
of this training course impracticable or impossible. For purposes of this
clause, a fortuitous event shall include, but not be limited to: war, fire,
labour strike, extreme weather or other emergency.
PROGRAM CHANGE POLICY
Please note that speakers and topics were confirmed at the time of
publishing; however, circumstances beyond the control of the organizers
may necessitate substitutions, alterations or cancellations of the speakers
and/or topics. As such, ASIA EDGE PTE LTD reserves the right to alter or
modify the advertised speakers and/or topics if necessary. Any substitutions
or alterations will be updated on our web page as soon as possible.
ASIA EDGE PTE. LTD.
Company Registration No: No. 200710561C
Copyright@ 2005 ASIA EDGE PTE LTD. All rights reserved.
This brochure may not be copied, photocopied, reproduced, translated, or converted to
any electronic or machine-readable form in whole or in part without prior written
approval of ASIA EDGE PTE LTD
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4 EASY WAYS TO REGISTER
 Phone: +65 6741 9927  Fax: +65 6747 8737
 Online: www.petroedgeasia.net  Email: info@asiaedge.net
Please note
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Strategic Innovation In Oil & Gas

  • 1. A 3 DAY MASTERCLASS STRATEGIC INNOVATION IN OIL & GAS In a world of increasing uncertainty and accelerated change, how do you ensure value creation and sustainable growth? Your Expert Course Director LEO ROODHART Leo’s career in the oil & gas industry spans more than 30 years in the areas of Production Engineering, Strategic Innovation and Scenario Planning, Renewable Energy and New Business Development in Shell globally. He became President of the Society of Petroleum Engineers (SPE) in 2009. As President of the SPE he travelled the Energy world and built an extensive external network in the oil and gas industry.
  • 2. Masterclass Overview The oil & Gas industry has had a volatile ride for the last decade. Oil prices have been fluctuating between $30 and $130/bbl and now with Shale oil appearing as a serious competitor and LNG positioning itself more as the transition fuel of the future. Of course we never knew what we do not know but it seems to be getting more unclear what the future holds, especially for the oil & gas industry. Uncertainty seems to rule, and turbulence of our business environment seems to be reaching a new climax year after year, and the end of common strategic planning is in sight. The main culprit or accelerator here is technology enabled innovation. Would you have thought that social networking tools, developed to engage communities, such as Twitter and Facebook would have aided the overthrow of governments? It has been said before that the Stone Age did not end due to lack of stones. One technology break- through in battery technology or superconductivity might completely change the energy world and with it the massive oil & gas industry and infrastructure that now fuel the world economy. This Master Class is about crafting and executing a resilient technology strategy supported by strategic innovation. The course introduces the concept of Scenario Planning linked to a long-term Strategic Innovation Strategy. It attempts to cover important questions such as how to identify relevant innovation domains and how to fill these domains with projects that allow the company to grow in an uncertain world. The participants will learn how to make scenarios for oil & gas industry, identify plausible futures for their own company and design pathways to travel to these futures supported by a robust innovation strategy. The course format will include lectures interspersed with exercises where the participants make their own long-term scenarios; identify technology domains to support these scenarios and finish with an implementation plan. Discussions and exercises will use existing scenarios developed by the World Economic Forum (WEF), Shell and others as examples. What this course will focus on:  Futures; uncertainty in a complex world  Scenarios; how to make them practical  Strategic Innovation; Planning and executing What are benefits from attending this Masterclass?  Design and build long term scenarios to explore strategic expectations  To be able to define a long term innovation strategy focused on possible future needs supported by long term business scenarios  Understand stage-gated technology development and innovation  Learn how to value a portfolio of innovation projects, use various ‘lenses’ to manage and cull.  Use scenario thinking linked to innovation to create options for new ventures  Deploy transparent and structured frameworks for new ways of doing business  Understand and minimise risk in technology investment decisions  Safeguard enterprise and growth against black swan events  Balance bottom up innovation with top down corporate strategy Who Should Attend? Business unit leaders and managers across the energy, oil & gas value chain, planners, strategist, analysist, change management professionals, information and technology systems professionals, business development professionals, economists, risk management managers and others involved in driving change and innovation in the organisation. University level degree preferred. Familiarity with the energy business will be essential.
  • 3. 3 DAY MASTERCLASS PROGRAM DAY 1 Key Leanings:  Why do I need to know about scenarios;  What are scenarios;  How are they built; 9:00 Introductions 9:30 What are scenarios and how are they used • Exploring strategic assumptions • Models; Forecasts; Visions; Scenarios 10:30 Break 11:00 Changes and Challenges in the Oil and Gas Industry • Introduction • Exercise 1 - Identify top 3 challenges and top 3 changes 12:00 What are scenarios • Different views of the same • Shell scenarios; World Economic Forum (WEF) scenarios; Wartsilla scenarios 13:00 Break for lunch 14:00 Making Scenarios • Strategic Landscapes • Different scenario building methods • Identify 2 most critical and uncertain factors • Create a scenario matrix • Communicating scenarios 15:30 Break 16:00 Exercise 2 - Make your own Global Scenarios: • Formulate central questions • Identify driving forces and critical uncertainties • Create 2x2 grid based on impacts and uncertainties in the energy world • Name quadrants -> scenarios 17:00 Present scenarios to group DAY 2 Key Learnings: • How are Scenarios used • How do I use scenarios to focus Innovation • how to generate strategic options • How to Innovate 9:00 Using Scenarios • WEF Mining and Metals scenarios with video presentation • Exercise 3 - Review the main points: o Update yesterday’s scenarios and develop Stories. o Develop list of implications emerging from each scenario 10:30 Break 11:00 Using Scenarios: From Scenarios to creating strategic options • The concept of various pathways:  company future  innovation domains  future technology  Testing options - ‘wind tunnelling’ 12:30: Lunch 13:30 From Scenarios to strategic options • Exercise 4 - Identify plausible future for the company • Identify key threats and opportunities for the oil and gas sector in each scenario • Identify the strength and weaknesses of “your” company in each scenario • Combine opportunities and strengths to identify alternative company future or strategic options, aiming for 2 plausible futures per scenario • Combine treats and weaknesses to identify what is missing to get there • Aiming for 4 Domains per pathway 15:00 Present to group 15:30 Break 16:00 Filling the Domains with projects: Innovate! • What is innovation? o Examining the Kodak example • Innovation processes o The Funnel • Generating ideas: o Open innovation o GameChanger o Scouts 17:30 Close DAY 3 Key Learnings:  How to make an Innovation strategy  Stage-gated processes  how to manage an innovation project portfolio  how to use ‘lenses’ to rank the portfolio  Execution is Key 9:00 Innovation strategy as part of the greater technology strategy  NASA’s technology ‘readiness levels’ concept  Governance; bottom-up vs. Top-down 10:30 Break 11:00 Manage the portfolio  Execution is key - the use of strategic ‘lenses’  Exercise 5 - portfolio ranking:  Develop 5 realistic strategic lenses  Look at the portfolio through each lens and score projects  Crossplot lenses and identify top 5 projects 12:30 Present to group 13:00 Lunch 14:00 The Valley of Death  The most difficult of all: Implement a new concept in the business  Bottlenecks and hurdles  Deployment models Exercise 6: How will your company from now on:  Scan, evaluate and prioritize emerging technologies  Link emerging technologies to markets in a timely manner  Tie technology investments to corporate strategy  Manage the tension between radical and incremental innovation  Get new technology adopted by operating companies 17:00 Questions and answers and end of course 17:00 Questions and answers and end of course
  • 4. About your Expert Couse Faculty LEO ROODHART Leo’s career in the oil and gas industry spans more than 30 years in the areas of Production Engineering, Strategic Innovation and Scenario Planning, Renewable Energy and New Business Development in Shell globally. He became President of the Society of Petroleum Engineers (SPE) in 2009. As President of the SPE he travelled the Energy world and built an extensive external network in the oil and gas industry. His last position was head of Group GameChanger, Shell’s corporate strategic innovation program that identifies and sponsors the development of new breakthrough technologies in the context of the various technology futures for the oil industry. In this role, he built and led Shell’s innovation network “the GameChanger Coalition”, a very effective cross business unit of innovators and strategists that generates a portfolio of options for potential new businesses and technologies. He was instrumental in defining the group’s innovation strategy and successfully executed a number of projects ranging from biofuels from Algae to floating LNG. He brought Scenario thinking into Shell’s innovation process and aligned Shell’s innovation portfolio with Shell’s corporate strategy. Leo is currently an Associate Fellow at Said Business School, University of Oxford, on strategic innovation and teaches strategic innovation at the MBA program of the London Business School. He published papers in numerous technical journals such as the Journal of Petroleum Technology, and business journals including Research Technology Management Journal and Long Range Planning. He was also a senior advisor to Schlumberger from 2010 – 2015. Leo retired from Shell in 2010, having joined the company in 1980 after acquiring a PhD in Mathematics and Physics. Leo developed the 3 day course, based on a publication with Oxford University Rafael Ramirez, on scenario planning and how to link long term global scenarios to a short term innovation strategy sgd STRATEGIC INNOVATION IN THE OIL & GAS R E G I S T R A T I O N F O R M
  • 5. DELEGATE DETAILS DELEGATE 1 PAYMENT METHODS By Cheque/ Bank Draft Make Payable to Asia Edge Pte. Ltd. By Direct Transfer Please quote your invoice number with the remittance advise Account Name: Asia Edge Pte. Ltd. Bank Code: 508 Account Number: 762903-001 Swift Code: OCBCSGSG All bank charges to be borne by payer. Please ensure that Asia Edge Pte Ltd receives the full invoiced amount. PAYMENT POLICY Payment is due in full at the time of registration. Full payment is mandatory for event attendance. By submitting this registration form, you have agreed to Asia Edge Pte Ltd’s payment terms CANCELLATIONS & SUBSTITUTIONS You may substitute delegates at any time. ASIA EDGE PTE LTD does not provide refunds for cancellations. For cancellations received in writing more than seven (7) days prior to the training course you will receive a 100% credit to be used at another ASIA EDGE PTE LTD training course for up to one year from the date of issuance. For cancellations received seven (7) days or less prior to an event (including day 7), no credits will be issued. In the event that ASIA EDGE PTE LTD cancels an event, delegate payments at the date of cancellation will be credited to a future ASIA EDGE PTE LTD event. This credit will be available for up to one year from the date of issuance. In the event that ASIA EDGE PTE LTD postpones an event, delegate payments at the postponement date will be credited towards the rescheduled date. If the delegate is unable to attend the rescheduled event, the delegate will receive a 100% credit representing payments made towards a future ASIA EDGE PTE LTD event. This credit will be available for up to one year from the date of issuance. No refunds will be available for cancellations or postponements. ASIA EDGE PTE LTD is not responsible for any loss or damage as a result of a substitution, alteration or cancellation/postponement of an event. ASIA EDGE PTE LTD shall assume no liability whatsoever in the event this training course is cancelled, rescheduled or postponed due to a fortuitous event, Act of God, unforeseen occurrence or any other event that renders performance of this training course impracticable or impossible. For purposes of this clause, a fortuitous event shall include, but not be limited to: war, fire, labour strike, extreme weather or other emergency. PROGRAM CHANGE POLICY Please note that speakers and topics were confirmed at the time of publishing; however, circumstances beyond the control of the organizers may necessitate substitutions, alterations or cancellations of the speakers and/or topics. As such, ASIA EDGE PTE LTD reserves the right to alter or modify the advertised speakers and/or topics if necessary. Any substitutions or alterations will be updated on our web page as soon as possible. ASIA EDGE PTE. LTD. Company Registration No: No. 200710561C Copyright@ 2005 ASIA EDGE PTE LTD. All rights reserved. This brochure may not be copied, photocopied, reproduced, translated, or converted to any electronic or machine-readable form in whole or in part without prior written approval of ASIA EDGE PTE LTD  Mr  Ms  Mrs  Dr  Others: Name : Job Title : Department : Telephone No. : Email : Head of Dept. : DELEGATE 2  Mr  Ms  Mrs  Dr  Others: Name : Job Title : Department : Telephone No. : Email : Head of Dept. : Company : Address : Country : Postcode: Attention Invoice to : Telephone No. : Fax No. : 4 EASY WAYS TO REGISTER  Phone: +65 6741 9927  Fax: +65 6747 8737  Online: www.petroedgeasia.net  Email: info@asiaedge.net Please note - Indicate if you have already registered by Phone +Fax +Email +Web - If you have not received an acknowledgement before the training course, please call us to confirm your booking.