As you know, 2015 was a brutal year for the oil and gas sector. Falling oil prices, accompanied by collapsing confidence, was followed by drastic cut backs in capital expenditure, manpower and assets.

It’s only through careful balancing of the need to cut costs, with the need to manage the consequences that will allow companies to survive. In this paper, we look at how organisations in the oil and gas sectors can achieve this balance and cut costs, but not engagement.

The strategies outlined in ‘Cutting Costs but not Engagement’ are easily applicable to any industry or organisation facing crises.

Together with my colleague, Iain Manson, Managing Partner EMEA - Energy, Korn Ferry, we are pleased to bring you this paper and invite you to reach out to us to discuss your challenges.

With best wishes,

Chris Shennan
Global leader, Oil and Gas
Korn Ferry Hay Group

Iain Manson
Managing Partner EMEA - Energy
Korn Ferry

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