The Energy sector is a changing business environment. Throughout the 20th century fluctuations of oil supply and demand produced changes in the barrel price that pushed the growth or shrinkage of the industry. In this 21st century, new challenges such as diversification of the energy mix, boosting gas demand, require the exploration of critical minerals and development of new technologies as well.
The Energy sector is a changing business environment. Throughout the 20th century fluctuations of oil supply and demand produced changes in the barrel price that pushed the growth or shrinkage of the industry. In this 21st century, new challenges such as diversification of the energy mix, boosting gas demand, require the exploration of critical minerals and development of new technologies as well. Energy Security has been an issue for many countries in recent years and adds more complexity to a context to which geoscientists and energy professionals need to adapt.
Nowadays, energy companies are melting pots of different generations (baby boomers, X, millennials, gen Z and more), each generation with unique work styles, values, expectations, and priorities. New generations understand leadership in new ways and millennials are now reaching leadership positions. They leave behind the traditional idea of the leader that displays power and control, and prefer more collaborative, understanding and supportive ways of leading team members to develop a professional career, and at the same time coping with individual values and lifestyle.
Our rapidly evolving energy business faces constant changes and technological disruption that requires high adaptation and learning capacities. Both leaders and organizations need to adapt to new scenarios. Leaders need to develop strong soft skills while organizations should recognize and value diversity, creating inclusive and collaborative environments.