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Rigzone – Energy Firms Need to Focus on Developing Talent Despite Downturn

In the current slump energy companies face a tough balancing act between preserving their balance sheets and protecting their talent pipeline, reports Rigzone. “CEOs and boards are recognizing that even though there’s a significant downturn, there has to be a continued focus on development,” notes Egon Zehnder’s US Energy Practice Leader Steve Goodman. In his experience, energy firms are now focused on identifying high-potential leaders who can engage others and drive results. According to Goodman, energy firms, “need people who are engaged enough to come forward and say ‘I can innovate around processes and […] in the ideas that I bring forward to help us be more operationally efficient.”