Within the Energy & Utilities industry, there is no shortage of understanding and discussion around the ‘Great Crew Change’. The growing skills shortage is repeatedly highlighted as a leading barrier to growth beating increased operating costs, competition, pricing and project challenges in successive surveys.
But what is the answer?
Practicus’s research function has contacted over 350 senior leaders from across Upstream, including Operational, HR and C-Suite professionals to understand the scale of the problem, how it is manifesting and how the industry is moving to address the varied capability challenges it now faces.
The research has been supplemented with quantitative data produced over the last 10 years.
There are ways to head off a capability crisis. The aim of this report has been to create a detailed picture of the challenges facing the Upstream industry and to suggest positive steps to address them.