Oil Refinery Turnaround from Takeover Target
About the transformation
The company was losing $1million a day. Production levels were declining. Corporate knowledge and intellectual capital were diluted. Staff morale was at an all-time low. Takeover risk was high.
Our Role
To help the business survive deregulation and regain its competitive advantage by developing a skilled, motivated and committed workforce that valued the necessity of ongoing learning and knowledge sharing, and the need for competitive growth.
Our Approach
- Designed a 3-phase, bi-lingual program around developing functional skills, communication and leadership, leading to a new learning platform, new roles and performance expectations and identified future skills requirements.
- Build new open and honest communication channels encouraging consultation, ownership, delegation and decision making, and higher trust that led to greater speed.
- Being sensitive to the cultural implications of transitioning from the "old" to the "new" company, while retaining the strengths of the traditional culture.
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