Dynamically “Managing the Upturn” with Optimum Organizational Capabilities
Current oil market conditions, in addition to regulatory changes, have driven companies to look at ways to become more efficient while being effective in how they manage their business—it is essential for survival. It translates into reducing operating costs, increasing capital efficiency, and increasing revenue while optimizing operational risks—that is how to attain Operational Excellence. Operational Excellence also lays the groundwork to develop a roadmap for the business and prepare the business for the future. We will discuss Operational Excellence fundamentals, domains, and areas of improvement that businesses have employed to sustainably achieve competitive results.
One component is how companies manage their capital projects funds. The current challenge is to achieve Return on Capital Employed (ROCE). ROCE has steadily declined since 2011—before the oil downturn. What are companies doing to optimize their ROCE?
Companies must be ready to compete in the future. The combination of enhanced technology and innovative solutions will help unlock greater potential from assets. We will comment on some of the latest innovative thinking in Operation and Asset Optimization and Worker Management.
6:00 – 6:30 pm – Welcome Reception & Cocktails
6:30 – 6:40 pm – Introduction from Master of Ceremonies
6:40 – 7:00 pm – Keynote Speaker
7:00 – 9:00 pm – Three-course dinner complemented with table discussion points
9:00 – 9:30 pm – Wrap up & closing remarks from Berkeley Research Group
- Achieving Operational Excellence.
- “Managing the Upturn”: How to build the organizational capabilities (own and contractors) in all areas of the business necessary for success efficiently and competitively
Gardner Walkup, Managing Director, Berkeley Research Group, LLC
Gardner Walkup is a global energy executive, innovative strategist, trusted advisor to corporate management and boards, and energy expert for law firms, industry clients, and regulatory agencies. He has developed and implemented strategic transformations and led the alignment of corporate culture and competencies necessary to implement these strategies. He has a deep understanding of the energy value chain, from land acquisition and exploration through power distribution and energy marketing.
About Berkeley Research Group
Berkeley Research Group’s Energy practice advises corporate management and boards, investors, resource owners and developers, regulatory and government agencies, and their legal counsel. Our professionals provide strategic, economic, commercial, and financial advice in an increasingly complex and competitive global energy marketplace. Our expert advisory is based on broad industry experience that spans the energy value chain worldwide.