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HEALTH WEALTH CAREER REALIZING GLOBAL ADVANTAGE THROUGH GLOBAL LEADER DEVELOPMENT CASE STUDY: INSIGHT, DEVELOPMENT AND MOBILITY AT OIL SEARCH

HEALTH WEALTH CAREER REALIZING GLOBAL ADVANTAGE THROUGH GLOBAL LEADER DEVELOPMENT CASE STUDY: INSIGHT, DEVELOPMENT AND MOBILITY AT OIL SEARCH

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Page 1: HEALTH WEALTH CAREER REALIZING GLOBAL ADVANTAGE THROUGH GLOBAL LEADER DEVELOPMENT CASE STUDY: INSIGHT, DEVELOPMENT AND MOBILITY AT OIL SEARCH

H E A L T H W E A L T H C A R E E R

R E A L I Z I N G G L O B A L A D V A N T A G E T H R O U G H G L O B A L L E A D E R D E V E L O P M E N T

C A S E S T U D Y :I N S I G H T , D E V E L O P M E N T A N D M O B I L I T Y A T O I L S E A R C H

Page 2: HEALTH WEALTH CAREER REALIZING GLOBAL ADVANTAGE THROUGH GLOBAL LEADER DEVELOPMENT CASE STUDY: INSIGHT, DEVELOPMENT AND MOBILITY AT OIL SEARCH

H E A L T H W E A L T H C A R E E R

KATE BRAVERYGlobal Solutions Leader Talent BusinessMercer

RAELEE HOBSON Organizational Development ManagerOil Search

T: +852 3476 3815

E: [email protected]

T: +612 82388014

E: [email protected]

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T H E S K I L L S S H O R T A G E P U Z Z L EG A I N I N G C O M P E T I T I V E A D V A N T A G E

Jobs People

People Jobs

TALENT SCARCITYISSUE &

PARADOX

“Worldsourcing… where we source talent,

manufacturing, and markets from whichever location in the

world it makes the most sense”

BILL AMELIOCEO of Lenovo

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T O D A Y ’ S R E A L I T Y R E Q U I R E S L E A D E R S T O T H I N K & A C T G L O B A L L Y R E G A R D L E S S O F L E V E L O R T R A V E L B U D G E T

Geographic expansion

Global mergers, acquisitions, JVs

Global customers and suppliers

Global talent

Thinking style

Ethnicity

Gender

Sexual orientation

Age

Disability

Experience

DEMAND FOR INCREASED CROSS-CULTURAL KNOWLEDGE AND SKILLS TO BE EFFECTIVE

4

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G L O B A L M I N D S E TH O W T O B U I L D I T I N Y O U R O R G A N I Z A T I O N

STIMULATEINSIGHT

ACCELERATEDEVELOPMENT

MOBILIZETALENT

1

2

3

Identify the criteria for global leadership success, and assess leaders against them

Effective individual and team development interventions linked to business objectives

Set up an infrastructure and culture to grow your talent pipeline

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1 . S T I M U L A T E I N S I G H T I D E N T I F Y P O T E N T I A L & A S S E S S R E A D I N E S S

Our research shows that to successfully operate in today’s constantly changing and globally connected world, leaders

need a distinct skillset.

Traditional tools are not always effective in assessing dynamic skills such as catalytic

learning and comfort with complexity.

A blend of tools that assess underlying attributes, leadership capabilities, and cross-cultural skills can lead to impactful results.

INTERVIEWS

PERSONALITY

INVENTORIES

360

FEEDBACK

INTERCULTURAL

COMPETENCE

CROSS-CULTURAL

WORKSTYLE

ASSESSMENT

CENTERS

Mercer’s framework outlines 12 criteria for global leadership success.

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2 . A C C E L E R A T E D E V E L O P M E N T W H A T S W O R K I N G

1 2 3START EARLY INCAREER

IDENTIFY TALENT

NO SUBSTITUTEFOR BEING THERE

CULTURE OF MOBILITY

DEVISE LEARNING IN CONTEXT

REAL-WORLD

COMPLEXITY

4REWARD CULTURAL COMPETENCE

MENTORRECOGNISEPROMOTE

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Manager of self

Manager of others

Manager of managers

Functional manager

Business manager

Enterprise manager

Group manager Passage five

Passage four

Passage three

Passage one

Passage two

GlobalExecutivePassage

Fullpackage

BaselineAttributes

Global Mindset

Global Mindset

GlobalSkills

Source: Charan, Drotter and Noel, 2000

360 degree feedback

Mentoring

First international assignment

Strategic global projects

Second international assignment

Assessments

Multi-cultural teams

Special projects

Short term assignments

Mentoring

Global region assignment

Executive education

3 . M O B I L I Z E T A L E N T C A R E E R P A T H D E V E L O P M E N T

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© MERCER 2015 9Source: Charan, Drotter and Noel, 2000

Manager of self

Manager of others

Manager of managers

Functional manager

Business manager

Enterprise manager

Group manager Passage five

Passage four

Passage three

Passage one

Passage two

GlobalExecutivePassage

Fullpackage

BaselineAttributes

Global Mindset

Global Mindset

GlobalSkills

360 degree feedback

Mentoring

First international assignment

Strategic global projects

Second international assignment

Assessments

Multi-cultural teams

Special projects

Short term assignments

Mentoring

Global region assignment

Executive education

Look for early career opportunities for short-term assignments

First multi-year assignment to develop cultural literacy

A second assignment in a market with a different maturity or growth stage

Assignment with multi-country/regional remit

L I N K M O B I L I T Y S T R AT E G Y T O B U S I N E S S O B J E C T I V E S

Mindset of global

Talent development

Align Metrics to local needs &

individual development

Ring fens roles and support structure

3 . M O B I L I Z E T A L E N T C A R E E R P A T H D E V E L O P M E N T

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H O W A R E W E D O I N G I N A S I A P A C I F I C ?G L O B A L L E A D E R S H I P P R A C T I C E S S U R V E Y

Only half of companies reported linking assessments of their global leaders to individual development plans.

T H E G O O D N E W S R O O M F O R I M P R O V E M E N T

involve their top executives in identification and review of global leadership talent pools.

of companies have a function dedicated to global leadership talent.

One-third do not identify candidates for global assignments at the manager level, which poses problems for the bench of strong global leaders in the future.

77%

80%

51%

30%

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INS IGHT, DEVELOPMENT, MOBIL ITY

ONE COMPANY’S STORY

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I N S I G H T , D E V E L O P M E N T , M O B I L I T YO N E C O M P A N Y ’ S S T O R Y

WHO ARE WE• Oil & gas exploration and development company based in Papua New Guinea since 1929. • Most assets located in PNG, where we hold a spread of production / exploration licences.• We have a 29% interest in LNG Project, the largest development ever undertaken in PNG. • One of our core objectives is to leave a positive legacy in all areas that we operate.

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I N S I G H T , D E V E L O P M E N T , M O B I L I T YO N E C O M P A N Y ’ S S T O R Y

A C C E L E R AT E D D E V E L O P M E N T P R O G R A M

O B J E C T I V E S

B U S I N E S S C O N T E X T F O R D E V E L O P M E N T I N I T I AT I V E

I N 2 0 1 4

TALENT AGENDA

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A C C E L E R AT E D D E V E L O P M E N T P R O G R A M

O B J E C T I V E S

B U S I N E S S C O N T E X T F O R D E V E L O P M E N T I N I T I AT I V E

I N 2 0 1 4

I N S I G H T , D E V E L O P M E N T , M O B I L I T YO N E C O M P A N Y ’ S S T O R Y

• Increase % of High Criticality Roles with “ready now” successors

• To validate talent pools and provide targeted development opportunities

• To understand our culture and how this might impact strategic success

• Change in the strategic agenda requiring more / different talent

• Lack of local talent moving up

• No clear definition of “good” leaders

• Mobility of leaders limited

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O I L S E A R C HL E A D E R S H I P F R A M E W O R K

W E W I L L B E S U C C E S S F U LW H E N E V E R Y O N E AT O I L S E A R C H I S :

S U C C E S S P R O F I L E S T OM E A S U R E P O T E N T I A L

Framework and success profiles are both level-based.

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A C C E L E R A T E D D E V E L O P M E N T 2 0 1 5 P R O G R A M M E

AprilBusiness/function leaders nominate ADP candidates

MayConduct nomination assessmentsand select ADP 2015 participants

JulyPrepare individual reports and group analysis

JulyConduct individualfeedback sessions

July 29-30Development Day

JuneConduct insight assessments

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A D P 2 0 1 5D E V E L O P M E N T D A Y

T O O L K I T M O D U L E S O N T O P I C S S U C H A S :

L e a d e r s h i p t r a n s i t i o n s P e r s o n a l / l e a d e r s h i p b r a n d M a k i n g t h e m o s t o f y o u r m e n t o r W o r k i n g c r o s s - c u l t u r a l l y F u t u r e l e a d e r s a t O i l S e a r c h

P R E S E N T A T I O N O N W H E R E Y O U W I L L B E I N F I V E Y E A R S

T W O T R A C K S ( S E N I O R & E M E R G I N G L E A D E R S )

L O T S O F N E T W O R K I N G T I M E

O B J E C T I V E : C O M P L E T E I N D I V I D U A L D E V E L O P M E N T P L A N One-on-one feedback sessions with

participants & coaches took place before Development Day.

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A D P 2 0 1 5W H A T W E D I S C O V E R E D

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A D P 2 0 1 5W H A T W E D I S C O V E R E D

• Virtual Assessment Centre simulations were more discriminating in terms of how people thought and operated than cognitive ability tests in PNG

• ‘Accountability’ was perceived differently at different levels in the organization whilst influencing senior stakeholders was a specific challenge to PNG nationals

• Although there is an awareness that cultural differences exist, leaders needed more help to understand how these nuanced differences impact work practices and how to readily adapt their style accordingly.

• Organisational culture may impact decision making, change & adaptability, and strategy execution as the dominant culture is highly formal and hierarchical

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A D P 2 0 1 5O N G O I N G L E A R N I N G & R O I

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A C C E L E R A T E D D E V E L O P M E N TO R G A N I S A T I O N A L I M P L I C A T I O N S

T H E O R G A N I S AT I O N A L D E V E L O P M E N T I N I T I AT I V E S T H AT

H AV E TA K E N P L A C E S I N C E 2 0 1 3 , I N C L U D I N G T H E A D P, H AV E

L E D T O S I G N I F I C A N T C H A N G E S I N O U R :

Succession planning

methodology

Recruitment practices

Performance management

processesMobility function

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F I N A L C O M M E N T

DEVELOPING A GLOBAL MINDSET

Building a global mindset must be an organizational pursuit with c-level sponsorship, infrastructure to support mobility and the culture to promote in-role development.

Global Leadership simulations, cross cultural teaming and overseas experiences provide critical contextual learning experiences. The new bread of assessment tools can help you move quickly from ‘insight’ into development activity.

IMMERSIVE DEVELOPMENT EXPERIENCES

Development interventions linked to business strategy are most impactful. Ensuring the talent / mobility agenda are discussed with business strategy can help ensure development has relevance, momentum and visibility.

SUSTAINABLE LEADERSHIP STRATEGIES

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