September 2006

Fueling the oil, gas and energy industry's talent pipeline.

Developing new leaders

Volatility in the oil, gas and energy industry in the 1980s was a big reason why the business was a less attractive career choice among many young people for several decades.   Today the energy industry is robust, but many in the workforce are reaching retirement, and there are limited reserves of new people prepared to fill their positions.  As a result, oil and gas firms wrestle with the depth and breadth of their management bench realizing there is a significant gap in experience and knowledge between those planning retirement and the next generation of leaders, particularly in business areas that go beyond their technical expertise. 

Consequently, many forward-thinking firms turn to university-based executive education programs to give their high potentials the business and leadership skills that will accelerate their progress and fill the gap. 
 
With management and leadership programs geared specifically to the energy business, SMU Cox Executive Education is an excellent option for the industry to address these challenges and cultivate higher-caliber employees to better meet this highly specialized industry’s staffing needs. 

Oil, gas and energy programs

Strategic Financial Skills for the Energy Industry is an insightful, one-week seminar that delivers a hands-on approach to mastering the essentials of the energy industry’s financial side. Seminars are scheduled Sept. 10–15, 2006 and March 18-23, 2007 at the James M. Collins Executive Education Center in Dallas. 

Seminar for Senior Executives in the Energy Industry
is an eight-day general management program uniquely tailored to the energy industry and the needs of its top-level managers. Be sure to enroll in one of our upcoming programs, which are scheduled for Nov. 8-16, 2006 and May 16-24, 2007 at the James M. Collins Executive Education Center in Dallas.

Leadership Training Program for Emerging Executives in the Energy Industry. The Independent Petroleum Association of America (IPAA) partners with SMU Cox School of Business to provide an introduction in business acumen, decision-making, negotiating and leadership to its members to create and sustain a competitive advantage in today’s energy industry. Enrollment starts now for the next five-day course, which runs Oct. 8-13, 2006 at the
James M. Collins Executive Education Center in Dallas.

Taught by the best

“In today’s competitive environment, energy companies must do more with less,” says Michael Vetsuypens,  Ph.D., and academic director of SMU Cox Executive Education’s Seminar for Senior Executives in the Energy Industry
“Oil and gas company reorganizations in the last 20 years have resulted in flatter organizational structures.  As employees move up, technical skills matter less than business acumen, financial skills, accounting knowledge, capital allocation expertise, leadership know-how and strategic insights.  This is where focused programs like the ones we offer at SMU Cox Executive Education come in.  By providing exposure to critical business skills, we aim to close this knowledge gap.”

 

Open Enrollment Programs
Management

Leadership

Marketing
Sales
Professional Effectiveness
Energy/Oil & Gas
Accounting and Finance
Information Technology
Banking
 
 
Client Success
Gene Gerber

Gene Gerber
Training Director
Pioneer Natural Resources

“Pioneer Natural Resource’s relationship with SMU Cox Executive Education lets us develop
a rigorous leadership development program
that addresses our future management needs and
fits our culture.

In today’s knowledge-oriented economy, one of the best ways for a company to succeed is to invest in the development of their management team.  This is especially important in the oil and gas industry, which has historically suffered through severe economic cycles.  The result is either an excess or absence of talent, depending on the industry cycle pattern when potential petroleum engineers, geoscientists and land men choose their major. "
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