Keynote Speech: Mr Simon Ashley, VP HR IST, BP Oil International

IEF 2nd HR Symposium
MAY 2017
BP Secret until 28th February
HR Implications of the
New Physical Energy
Market Environment
Dr. Simon Ashley
HRVP BP Supply & Trading
Key Features of the New Physical Energy Market for HR
1.
2.
Drop in physical
energy prices –
lower for longer
Long Term
Energy
Transition to
Lower Carbon
3.
4.
Evolving
workplaces &
attitudes to work /
employment
Digitisation of
work & data
insight
BP - New Ways of Working
Returns focus
New Business
Models
• Safety continues to be number
one priority
• Learning from the past
Bio and
low
carbon
products
Advanced
mobility
• Culture of cost discipline
• Networking and
collaboration across our
industry
Core
business
Pow er
storage
• Benchmarking outside our industry
• Digitisation and use of technology
Digital
transformation
Carbon
management
New ways
of working
• New behaviours
• New skillsets
• New structures
The HR Response
Digitised HR
Operational Excellence
Simple & Standardised HR
Processes
Leadership,
Engagement &
New Capabilities
HR Capabilities
Summary
 The future of our industry is
bright, but different
 A more cost effective HR will
be delivered by Digitisation &
Standardisation
 HR has a critical role;
delivering new capabilities and
enabling new ways of working
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