Transforming for the future
People risk impacts in the energy industry
September 15, 2023 | Episode 14 | 12:00
The Transforming for the future podcast series features Mercer’s consultants who are helping organisations stay ahead of the curve by embracing transformation, exploring new ways of working and reinventing their employee experience. We’ll discuss the most pressing issues facing leaders today and how to shape the future of work so that your business and people thrive.
In this Transforming for the Future episode, Global Energy Industry leader Milan Taylor interviews Geoff Smith, Managing Partner, Gulf Coast Region. Geoff shares his perspectives based on the global challenges facing the industry as well as the overall energy transition, skills, and the impact of people risks.
Interesting moments from the interview:
Skills in demandThe top skill identified (in our Mercer survey) was analytical thinking & complex problem solving – it was core with energy companies’ legacy businesses and will continue to be core to their transition businesses as well.
Preparing for the futureInnovation is the second top skill that energy companies are looking for and also the skill they felt the least confident they have in-house.
Making an impact through skills and rewardsWhat we’re seeing at is two paths. One is helping skills define career frameworks and job architecture with a skills lens. And the other path is clients using employee preferences to really think through what they’re doing to optimise their rewards and help their employees.
Retaining talentSome of the nuance and complexity we’re seeing is that energy companies are going to need to retain legacy skills longer than they originally thought as they move through this overall transition.
More episodes in this series