It is an understatement to say that 2015 was an incredibly challenging year in the oil and gas industry. Tens of thousands of jobs were lost, many companies failed while others continue struggling to survive. We are all left asking ourselves what lays ahead as we celebrate the dawn of a new year. Will the industry start to recover or are we facing the new long-term reality? Regardless of the answer to that question, it has become more important now than ever for companies to evaluate their current talent pool, at all levels, to ensure they have the most effective team moving forward.
Over the past 12 months I have met with over 100 corporate executives who’s companies have been affected by the downturn. We spoke about the current state of the industry, predictions for the future and the caliber of talent they would need to retain and/or attract to succeed. After considering all of the answers, I have discovered one phrase that I think encapsulates the most important attribute they are looking for; contribution ethic.
Today’s companies want employees, leaders and executives that feel a strong moral and professional obligation to continually add value. This is especially true in a downturn where smaller talented teams work smarter and more effectively. At Davies Park we look forward to working closely with our clients in 2016 to identify candidates who stand out, are upgrading their skills, are branding themselves as top performers and have demonstrated a strong contribution ethic throughout their career.