Strategic Management Environment, Oil and Gas Industry

Introduction

The oil and gas business is the most sensitive business due to fluctuation of crude oil and natural gas price that driven by many external environment factors. In addition, the internal factor of an oil and gas company needs to adjust to generate suitable and most fit strategy. Therefore, understand the external and internal environment factors where the company operates are the key success to have the right strategy.

This training covers definition of the strategic management environment; the relationship between culture and the strategic environment; exploring different organizational contexts, including the public sector and not?for?profit; approaches to understanding the strategic business environment; analyzing and interpreting the wide external environment; analyzing and interpreting the operating and competitive environment; analyzing and interpreting the internal organizational environment; understanding level of strategy and strategy formation; outside and inside strategy view, strategy transformation in an oil & gas company.

Aims

To provide an understanding to the strategic management environment and set the context for comprehensive study of strategic management in oil& gas contexts. To explore key constituents of the strategic management environment in Oil & Gas Industry. To develop knowledge of and skills in the interpretation of the strategic management environment through an exploration of approaches and techniques which contribute to complex problem identification in uncertain and dynamic business environments; Levels of strategy and the paradox of globalisation and localization in Oil & Gas Industry; Strategy Formation: the paradox of deliberateness and emergence in Oil and Gas Industry; Outside-in: the competitive view Inside-out: The Resource-based view.

Outcome

On completion of this training, participants are expected to be able to:

• Interrogate and interpret the key constituents of the strategic management environment, evaluating the implications for organizational design and strategic development
• Evaluate the relationship between the strategic environment and choice and decision?making options for strategic managers
• Recognise the level of strategy and strategy formulation
• Review some oil and gas companies strategy.

Topic Contents

Day 1

• General Opening
• Topic 1
  Introduction to Strategy Management
  • Some definitions of Strategy and Strategic Management
  • Strategy Mapping
  • Strategy Process, Content and Context
• Topic 2
  Strategy Management in Oil and Gas Industry, reviewing Upstream, Midstream and Downstream Oil & Gas Sectors
  • Corporate & Business Level strategies in Oil & Gas Company
  • Upstream Oil & Gas Strategy
  • Midstream Oil & Gas Strategy
  • Downstream Oil & Gas Strategy
• Topic 3
  How to Conduct External Analysis Environment in Oil & Gas Industry
  • External environment analysis overview
  • Boundaries: International, Domestic, Operating, industries environments
  • Tools to perform external environment
  • Selection & Application of Tools
  • Lunch & Discussion
• Topic 4
  How to Conduct Internal Analysis Environment in Oil & Gas Industry
  • Internal environment analysis overview
  • Internal analysis tools: culture analysis, leadership analysis, Governance, Structure stakeholders, Strength and weakness.
  • Tools to perform internal environment
  • Selection & Application of Tools
• Topic 5
  Exercise to perform External & Internal Analysis in Oil and Gas Industry, sample can be upstream or downstream company

Day 2:

• Topic 6
  Levels of strategy and the paradox of globalisation and localization in Oil & Gas Industry
  • Level of Strategy overview
  • Strategy at network level Oil & Gas Company
  • Strategy at corporate level Oil & Gas Company
  • Strategy at Business level Oil & Gas Company
  • Strategy at functional level Oil & Gas Company
  • Paradox of globalization and localization in Oil & Gas Company
• Topic 7
  Strategy Formation: the paradox of deliberateness and emergence in Oil and Gas Industry
  • Different perspectives of strategy formation
  • Rational vs generative strategy formation
  • Deliberate vs realized strategy formation
  • Intention vs emergence strategy formation
  • What is the company choice "either oror "Both and"
  • Review one of Oil & Gas Company strategy formation Planning as Learning"
• Topic 8
  Study Case Strategy of Major Oil Company with Biofuel company Joint Venture
• Topic 9
  Study Case Strategy of Downstream Oil & Gas "Petrochemicalin Europe and Middle East

Day 3:

• Topic 10
  Outside-in: the competitive view strategy
  • Externally Orientation and Market Driven
  • Market position and competing in the market
  • Sequential Steps: 5 forces, Generic strategies and value chain.
• Inside-out: The Resource-based view strategy
  • Resources Based View of strategy Capabilities
  • Capabilities - Business Level
  • Competencies - Corporate Level
• Topic 11
  Reviewing one of Major Oil Company Transformation Corporate mindset.
• Question and Answer
• Summary

Training Duration: 3 Days

Participants:
- Employees who working in Oil & Gas Industry, Energy sector that interest in Oil and Gas Company Strategy environment
- Decision Maker or Executives Management in the Oil & Gas industry.
- Other participants working in or related to Oil & Gas Industry.

Course Leader :

Expert Trainer

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