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.

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The Year That Was - 2nd HR Round Table (2003)

  1. 1. The year that was and the way forward….. 2 nd HR ROUND TABLE 2003 Hotel Taj Mahal, Mumbai DR PARAG DIWAN Chief Operating Officer Presented at HR Round Table organized by ISPe & UPES, Dehradun
  2. 2. HR ROUND TABLE A Forum of Oil & Gas HR Professionals <ul><li>ISP conducted 1 st 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. </li></ul>
  3. 3. MAJOR TAKE FROM 1 st HR ROUND TABLE <ul><li>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 </li></ul>An era of change and intense competition is ahead. Therefore, several HR initiatives would be taken by Cos. to remain competitive.
  4. 4. LANDSCAPE OF OIL & GAS INDUSTRY <ul><li>New </li></ul><ul><li>Policies </li></ul><ul><li>Contracting </li></ul><ul><li>Mergers </li></ul><ul><li>Acquisitions </li></ul><ul><li>Cost </li></ul><ul><li>Optimization </li></ul><ul><li>Change of </li></ul><ul><li>Guard </li></ul><ul><li>Disinvestment </li></ul><ul><li>Consolidations </li></ul><ul><li>Process </li></ul><ul><li>Improvement </li></ul>
  5. 5. IMMINENT POLICY CHANGES <ul><li>Common Carrier Principle </li></ul><ul><li>Petroleum regulatory Bill </li></ul><ul><li>Petro Retail rules </li></ul><ul><li>Auto fuels policy </li></ul><ul><li>LNG Policy </li></ul>
  6. 6. MAJOR CONTRACTS <ul><li>NELP III Contracts </li></ul><ul><li>Farm Out </li></ul><ul><li>Gas contracts </li></ul><ul><li>CBM I contracts </li></ul>
  7. 7. DISINVESTMENTS <ul><li>HPCL </li></ul><ul><li>BPCL </li></ul>
  8. 8. ACQUISITIONS <ul><li>ONGC acquires MRPL </li></ul><ul><li>RIL acquires IPCL </li></ul><ul><li>IOCL acquires IBP </li></ul>
  9. 9. INTERNATIONAL FORAYS <ul><li>OVL & GREATER Nile project </li></ul><ul><li>IOC in Sri Lanka </li></ul><ul><li>India Bangladesh pipeline </li></ul>
  10. 10. MERGERS / JV’s <ul><li>RIL and RPL </li></ul><ul><li>Petronet LNG </li></ul><ul><li>BG, RIL & ONGC </li></ul>
  11. 11. PRODUCT <ul><li>Club HP </li></ul><ul><li>Pure for Sure </li></ul><ul><li>Quantity and Quality </li></ul>
  12. 12. SERVICE BRANDING <ul><ul><li>Speed </li></ul></ul><ul><ul><li>Power </li></ul></ul><ul><ul><li>Josh </li></ul></ul>
  13. 13. CHANGE OF GUARD <ul><li>IOC, BPCL, HPCL, OIL get new CMDs. </li></ul><ul><li>New HR Chiefs assuming charge at ONGC, GAIL, OIL, IOC soon. </li></ul>
  14. 14. PROCESS IMPROVEMENTS <ul><li>ERP </li></ul><ul><li>Business Process Re-engineering </li></ul><ul><li>Optimization Programs </li></ul>
  15. 15. THE WAY FORWARD … <ul><li>2003 – 04 w ill see several business initiatives by the industry to retain its competitive advantage. </li></ul>
  16. 16. STRATEGIC IMPERATIVES FOR THE OIL AND GAS INDUSTRY PROFITABILITY NEW PARADIGMS REGULATORY NORMS MARKET SHARE GROWTH
  17. 17. OPERATING CULTURE <ul><li>Global inter company and inter industrial comparisons </li></ul><ul><li>Cost Optimization and process improvement </li></ul>
  18. 18. PROFITABILITY <ul><li>Will become and measurable per person, per operation per location per SBU, per outlet, per month, per quarter……….. </li></ul>
  19. 19. GROWTH <ul><li>W ill largely come from capturing premier segments, </li></ul><ul><li>diversification and geographical expansions </li></ul>
  20. 20. MARKET SHARE <ul><li>Will be determined by customer touch point excellence and new product development </li></ul>
  21. 21. NEW PARADIGM <ul><li>Emergence of specialization's & portfolios, working capital managers, pricing managers, bidding managers, business unit analyst ... </li></ul>
  22. 22. REGULATORY NORMS <ul><li>G overning, accounting practices, Business ethics,environment practices, health and safety will become stricter </li></ul>
  23. 23. ORGANIZATIONAL TRANSFORMATION PROCESSES <ul><li>To achieve the nimbleness to face competition most oil & gas companies are going through organization transformation processes. </li></ul><ul><ul><ul><li>Project Manthan of IOC </li></ul></ul></ul><ul><ul><ul><li>CRC Project of ONGC </li></ul></ul></ul><ul><ul><ul><li>Project Parivartan of GAIL </li></ul></ul></ul><ul><li>We are all gathered here for 2 nd HR Round Table to share and learn from such processes. </li></ul>
  24. 24. THANK YOU

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