Global Human Capital Trends 2016: Energy & Resources (E&R) Rapid change and an uncertain future will require a focus on creating dynamic teams, new leaders, and refreshing culture Deloitte’s annual Global Human Capital Trends research analyzes the ongoing and emerging trends shaping the world of work. The 2016 report, The new organization: Different by design, reflects the survey responses of more than 7,000 leaders in 130+ countries. In this snapshot, we focus on several key findings within Energy & Resources. Organizational design are currently restructuring their organization or have recently completed the process. 77% Only 7% indicate that they have no future plans to restructure their organization. Organizational design Culture Leadership Engagement Learning Skills of HR organization People analytics Design thinking Digital HR Workforce management 92% 83% 86% 82% 81% 79% 72% 73% 77% 75% 60% 52% 43% 45% 47% 41% 33% 57% 34% 38% Importance Readiness Top 10 Human Capital Trends: The perspective of Energy & Resources companies
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Global Human Capital Trends 2016: Energy & Resources (E&R) Rapid change and an uncertain future will require a focus on creating dynamic teams, new leaders, and refreshing culture
Deloitte’s annual Global Human Capital Trends research analyzes the ongoing and emerging trends shaping the world of work. The 2016 report, The new organization: Different by design, reflects the survey responses of more than 7,000 leaders in 130+ countries.
In this snapshot, we focus on several key findings within Energy & Resources.
Organizational design
are currently restructuring their organization
or have recently completed the process.
77% Only 7% indicatethat they have nofuture plans to restructure theirorganization.
Organizational design
Culture
Leadership
Engagement
Learning
Skills of HR organization
People analytics
Design thinking
Digital HR
Workforce management
92%
83%
86%
82%
81%
79%
72%
73%
77%
75%
60%
52%
43%
45%
47%
41%
33%
57%
34%
38%
Alt. Energy
Mining
ImportanceReadiness
Oil and Gas
Power and UtilitiesShipping and PortsWater
ExcellentGoodAdequateGetting byUnderperforming
13%
40%
5%
25%
12%
4%
Europe
Asia Pacific
HR
Non-HR
Latin andSouth America
North America
Africa
Middle East
34%
2%
27%
7%
22%
7%
Mid-level
C-Suite
Individualcontributer
22%18%
10%
9% 20% 35% 4%31%
IndividualContributer
C-Suite
Mid-level
Top 10 Human Capital Trends: The perspective of Energy & Resources companies
Global Human Capital Trends 2016: Energy & Resources (E&R) Rapid change and an uncertain future will require a focus on creating dynamic teams, new leaders, and refreshing culture
Key implications for Energy & Resources
Organizational design—92% of respondents say they have recently restructured or plan to restructure, but only 9% currently employ a cross-functional project or program-based team structure. Stagnating electricity demand and depressed prices for oil, gas and metals will drive continued consolidation and restructuring throughout the E&R industry. To weather the storm and prepare for the future, organizations should consider agile structures that employ product or project-based teams.
Culture—Only 29% of respondents rate their understanding of current culture as “excellent.” As companies restructure or prepare for consolidation, they need to consider new tools and methods that can help promote a refreshed culture, achieve business goals, and serve as an anchor in times of rapid change.
Leadership—Only 9% of companies rate themselves as “excellent” at providing focused leadership programs for millennials. Identifying and developing future leaders is more important than ever with the global shortage in engineering and the impending retirement cliff. A global shortage in engineering and the impending retirement cliff means that identifying and developing future leaders is more important than ever. Companies need the leadership commitment to promote programs that develop a diverse set of future leaders within the organization.
For additional insight, including an interactive dashboard and mobile app, please see the full trends report www.deloitte.com/hctrends.
Perceptions of HR and talent capabilities
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