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About this Training Course
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.