This unique program focuses on the establishment and accelerated growth of a new start-up company as it seeks to develop an integrated business by investing in oil and gas projects in Latin America and Africa. Emphasis is placed on maximizing the performance of the enterprise by carefully selecting a portfolio of investments along the oil and gas value chain.
Major topics discussed include: Global Energy Industry Trends; Strategic Planning; Project and Corporate Financial Performance; Portfolio Analysis; characterizing investment opportunities; leadership, building a strong management team and a competent workforce; sustainable development and the management of the organizations health, safety, environmental and social obligations; and responding to challenges related to human resources, legal, political, regulatory, operational, and force majeure situations.
This program focuses on managing and leading international oil and gas enterprises during times of change to maximizing overall performance. Its objectives are achieved through group discussions of business case studies and team participation in an enterprise-wide business simulation game. The simulation game will challenge teams to plan and manage the growth of an organization as it faces a series of strategic decisions that require the assessment of international, national, and local trends and policies, portfolio performance, enterprise resources, as well as environmental and business risks.
Learning is accomplished through lectures by an exceptional instructor with decades industry experience, group discussion of timely business case studies, and team participation in WANOCO, a challenging business simulation, in which participant teams are asked to develop and manage the organization and growth of the international affiliate of the National Oil Company of the West African Republic over a 20-year simulated timeframe.
Teams select from a portfolio of opportunities at the outset. As time progresses and more opportunities become available, they must decide whether to retain, divest, or expand existing businesses, invest in new business opportunities, or bring in others partners. At the same time, participants must respond to a number of events that will have an impact on their portfolio.
This program is designed for international oil and gas managers and executives who seek to enhance
their skills in managing and leading international oil and gas enterprises to enhance overall performance.
Identification of global trends that affect all businesses; petroleum industry trends; local and regional issues that affect the local energy businesses. Current conditions and growth forecasts of the business environment.
Vision and mission statements, goals, objectives, organizational structure, and the processes for managing change.
Historical and pro forma financial statements, portfolio analysis, capacity to obtain additional capital resources.
Formation of new business models and alliances; changing roles of National Oil Companies (NOCs) in global and local markets; implications on the supply of oil
and gas resources.
Participants will explore, using business case studies, the fundamentals of leadership and managing enterprise growth. They will learn how leaders manage change, especially for international enterprises.
Options to implement sustainability programs within the developing world; linkages between sustainability and social responsibility. Petroleum industry case studies.
Design and implementation of a safety culture; the role of management; recognition of employees. Companies which have implemented successful programs, Agbami case study.
Design and implementation of successful environmental management programs; the World Bank standards for preparing environmental impact statements; review of recent EIS programs.
The process of planning, managing, and implementing a competency management system to enhance the performance of the national workforce. Case studies of successful competency management system implementations.
You are the senior executive in charge of managing the development and expansion of WANOCO International, the international affiliate of the West African National Oil Company. Your challenge is to build a profitable oil and gas enterprise in Latin America and Africa.
At the outset of the business game, you manage a set of oil and gas industry assets that have mixed levels of performance. As new opportunities arise, you are asked to make decisions that lead to an optimal portfolio. In doing so you are asked to measure the attractiveness of each such opportunity based on commercial, financial, political, social, regulatory, and other characteristics and then implement your decisions in the most effective way possible. In the process, you will respond to many different business challenges. Teams participate over a simulated 20-year timespan and report final performance results.