Attracting, developing and retaining a talent pipeline to meet future challenges in the oil and gas industry
International Conference and Expo on Oil and Gas
November 16-18, 2015 Dubai, UAE

Aileen G Zaballero1, Ali H Alkhalaf2, Rashed A Alzahmi2 and William J Rothwell1

1Rothwell & Associates, USA
2The Pennsylvania State University, USA

Posters-Accepted Abstracts: J Pet Environ Engineering

Abstract:

The demographics of the workforce are rapidly shifting and technological advancements are imposing a greater demand for skilled workers. Not only is attracting the right individual for the right job a challenge but retaining, developing and optimizing their performance is a major concern for most organizations. The objective of this presentation is to address the various challenges and limitations in talent attraction and retention that the petroleum industry faces. In addition, the presenters will focus on the value of implementing a competency-based approach to close skills gap, help fast-track talents in high demand positions and as a strategy to develop the capabilities necessary for sustaining talent pipeline. By identifying the right competencies, firms will be able to recruit and manage talents in the most effective way, hiring the right people with the right skills and putting them in the right roles with the abilities to perform at their maximum potential. Job-based HR processes are inadequate to address the complexities needed to address local variations of employment; a talent development framework that supports transnational strategies focusing on competency-based human resource processes and practices in a competitive global economy. This approach supports a more nimble workforce matrix while jobs and structure act in secondary support roles. Every day organizations are seeking solutions to an ever-growing obstacle, building and sustaining a strong talent pipeline. However, not only do companies have trouble filling their talent pipelines due to shifting demography and workforce preferences but they also must develop new capabilities as they invest in new technologies, develop new partnerships and globalize their operations. This presentation will focus on the results of a study that identifies the various challenges and limitations in talent attraction and retention within the oil and gas industry. In addition, the authors will offer solutions to addressing talent challenges. Based on the work of the world-renowned author Dr. William J Rothwell, this presentation will provide an overview of a competency-based system as a strategy to develop and manage an effective talent pipeline. Presenters will provide tools so that participants will be able to not only attract and hire the right people but also can educate and develop the right people for the right job.

Biography :

Email: leenzaballero@rothwellandassociates.com