Workshop day: Tuesday, 8th November 2022

Workshop Title:

Surviving Transition with Energy and Technology Diversification

Dave Gajadhar
Managing Partner
 Resultant Group

About the Workshop:

We live in a world that is facing a host of disruptions led by social, economic, medical, environmental, and geopolitical risks which highly influence the diversification of alternate sources of energy and technology integration across the value chain.

Organizations are faced with making difficult and costly decisions in a vacuum partly due to the continuous ever-changing landscape of energy and technology. In addition, we are facing the dynamics of economic and climate compliance in the form of ESG, Scope 1,2, 3, and Decarbonization, and a myriad of other local regulatory conditions. The Economic, Environmental, and Social quagmire organizations face is proving to be a costly and difficult path to growth and survival.

Transformation to digital and mobile technologies is undoubtedly one of the most important topics in the 21st century and it is being touted as the silver bullet to improve business processes, culture, and client experiences.

For energy and Extractive Industries, it means a new way to convert physical findings from the field, into digital, actionable insights, to maximize operational efficiency, team collaboration, and cost savings. To many, it may seem like a matter of adding more apps and software into their already bloated technology stack - but is it really the case? Ironically, organizations often suffer not because of the lack of apps, but of having too many uncoordinated "silo" systems and databases.  

Influencing the integration of emerging industrial, mobile, and digital technologies to support growth, profit, risk mitigation, and regulatory compliance is critical for survival!

The post-Covid-19 and inflationary environment path forward is very different prior to shutting down; we must now emerge with a creative approach as the future may remain unpredictable.  The main goal of business over the next few years will be survival and implementing the flexibility to adapt to continuous change.

Energy, Agriculture, Mining, Oil and Gas, HHS, logistics, and other industries all create and share data and resources across the supply chain from feedstock to the consumer. To enable and support the constant and changing demands and the diversification of flexible operations we have to integrate emerging industrial, digital, mobile, and legacy information technology with the social, political, economic, environmental, and medical environment. To survive and prosper we also must change from the old and traditional ways of thinking.

Flexibility is critical for survival in constantly changing economies, and it is crucial to understand trends, business models, and enabling technologies that are interlinked and connected to the past and present social economic, environmental, and cultural drivers. These drivers are influencing tomorrow’s government regulatory polices and business decisions, in many cases, Technology and Data is not aligned with current market and supply demand changes and does not clearly play a comprehensive role with tacit knowledge in supporting and enabling the desired business stakeholder experiences in a demand driven “Mobius like” economy. Can industrial, mobile, and digital technologies be the solution?

Benefits of attending this workshop:

This course is designed to help participants develop a plan of measurables actions and implementation plans for diversification efforts in alignment with your organization’s future-state strategies. It will support your ability to describe a “new role” within the changing and emerging business models that impacts diversification efforts.  You will also be able to describe potential business process opportunities and enable operational developments with integrated and emerging industrial, digital, and mobile technologies.

Upon successful completion of this course, you will be able to align your organization needs and businesses processes for diversification and compliance.

Understand the role of Quality Data at Source (QDaS) and how the integrating relevant technologies (current, legacy, and emerging) will enable and support diversification and compliance

  • Describe diversification and transition problems your organization creates.
  • Describe the current social, economic, environmental, political, and cultural impacts to your organization and the impact to your clients.
  • Describe the data sources used by your internal digital and AI enabled eco-system, asset management tools and the value of the data to support profits and client expectations.
  • Define requirements to support decision quality across all business functions in near real time.
  • Analyze the availability and use of a skilled workforce to enable relevant diversification initiatives, change and transitions within current business cycles.
  • Identify opportunities to optimize resources across business functions and supply chains.
  • Develop processes to inject, analyse, secure, use, and keep relevant data and tacit knowledge across all business functions.
  • Align business needs and processes with relevant partners and technologies across the value chain.
  • Describe the Operational Blueprint of your organization to support and enable diversification in energy and workforce management.
  • Describe the role and accountabilities of corporate actors, players, and active participants.
  • Describe social benefits, economic factors, and environmental factors that both support and restrict growth.
  • Describe the barriers, supporters, and enablers to business growth in a continuously changing environment
  • Describe the people, technology, data, information, and accessibility needed for better data and evidence.
  • Describe factors that influence decision quality across your value chain
  • Describe what is decision quality and transparency for your organization.
  • Identify data from relevant sources for compliance and risk mitigation

Who is it for?

This course is designed primarily for Regulated industries decision makers:

Energy, Oil and Gas, Agriculture, Mining, Transportation, Logistics, HHS and Government

Participants that will benefit from this course includes anyone accountable for making quality key decisions: 

Executives, Directors, Senior Managers and those responsible for distributed teams, service delivery and projects across regions.

Course Hours: 4.5 Hours

Key topics - Operational Business Issues

Salto Mortale – Closing the gaps and enabling organizations to overcome the barriers and constraints to react in near real time to market demands and regulatory changes.

 Identify the relevant actions to enable flexibility, adaptability, and resource optimization to meet demand dynamics.

Workshop day agenda:

9:00 – 10:30        Session 1

  • Identify and prioritize diversification opportunities for growth, compliance, and reporting
  • Estimating the cost of diversification and impact to stakeholders, clients, and suppliers (what must be considered?)
  • Integration and access to un-bias consistent industrial, digital, and mobile, quality data
  • Removing artificial barriers to diversification - IT and Project Management Love-in relationship - is business restrictive and very costly!

 

10:30 – 11:00     Networking and Coffee Break

 

11:00 – 12:30     Session 2

 

  • Enabling a changing workforce with automation and remote access
  • Unreliable professional services - the impact of diversification on operations, infrastructure, resources, contractors, and assets.
  • Extracting the relevant data from the vast silos of data gumbo across the value chain to adequately support the desired stakeholder experience and regulatory mandates

 

12:30 – 13:30     Lunch Break

 

13:30 – 15:00     Session 3

 

  • Integrating and tracking compliance and sustainability reports to meet the different existing Federal, State and Provincial standards and regulations
  • Understanding the ongoing process - Compliance requirements changing drastically and no consistency in what is required
  • Reporting lack of standard consistency for average readers to follow
  • Integrating People technology and data to support and influence partners, suppliers, stakeholders, and Clients
  • Summary - how to leverage all the above to enable growth, profits, scope 1,2,3, Decarbonization and ESG reporting

 

15:00     End of workshop day