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Integrated Business Planning for Oil & Gas Upstream

22nd February 2016

Overview

With lower oil prices here for the foreseeable future, management teams will continue to grapple with capital decisions, cost control, and potential acquisitions/ divestitures. The only certainty is that business plans will change. As management teams deal with these issues, it is critical that important decisions are made in a coordinated manner and collectively across functions with enough lead time for efficient implementation. Operating, marketing, and financial plans all need to be integrated. Scenarios need to be modeled, agreed in the best interest of the whole, and then managed through implementation.

Integrated Business Planning (IBP) is a structured management level process that connects your strategy with execution by coordinating the plans, decision making, and performance management across functions. The teams that synchronize all the moving parts throughout their companies to reduce cash to cash cycle time and control spend will be the most successful in these challenging times. In this class we will:

• Introduce Integrated Business Planning and its benefits
• Review your business drivers and produce an IBP design that aligns with how you manage and budget the
business, your organization structure, and your underlying planning and reporting data structure
• Examine IT requirements and supporting systems for IBP
• Examine case studies from Nexview client work
• Review tips and traps for implementation and change management techniques

Who Should Attend

Current and future leaders in areas such as:

  • Business Unit/General Management
  • Planning, Finance, Budgeting
  • Sub-surface/Sub-sea
  • Production
  • Exploration
  • Drilling
  • Marketing
  • Supply Chain
  • Project Engineering & Infrastructure
  • Land/Lease Management/Regulatory

Key Learning Points

  • Learn techniques to align planning, decision-making, and execution across functions
  • Reduce cycle time from location selection to production
  • Improve spend visibility and management
  • Connect the strategy and budget to execution
  • Work to a single set of plans throughout the organisation
  • Distribute the accountability for success across functional areas
  • Improve scenario planning and decision making
  • Link key performance indicators throughout the organization
  • Improve the effectiveness of executive communications and direction to the organization
  • Use best practice report templates and KPI scorecards
  • Improve the effectiveness of meetings
  • Prepare business cases and present results in an executive manner
  • Implement techniques for change management

Endorsed by:

For further information of this course, please email to info@opuskinetic.com

Details

Date:
22nd February 2016
Event Category:

Venue

Malaysia
Malaysia + Google Map