6 Ways to Cut Costs and Grow Production (with a Capabilities-Driven Strategy)
14 Pages Posted: 31 Oct 2019
Date Written: December 1, 2018
An application of Capabilities-Driven Strategy to upstream E&P. As the industry evolves, so too must E&P strategies, portfolios, organizational capabilities, and operating models – capabilities must be enhanced, workflows streamlined, and productivity optimized, through broad operating model redesign. Enterprise operating models require a stronger and more tailored set of key capabilities – some new – to accommodate our evolving business landscape and global resource base. Toward that end, we have identified the following list of six actions that will help you to cut costs and grow production, using a capabilities-driven strategy.
Keywords: E&P, E&P Strategy, Upstream, Upstream Strategy, Oil & Gas, Energy, Capabilities-Driven Strategy
JEL Classification: G30, G31, L20, L21, L22, L23, L24, L25, L71, M11, M21, Q35
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