Core Competencies Identification and Development: Evidence from Oil and Gas Exploration Company

2021 ◽  
Author(s):  
Mikhail Vlasov
Keyword(s):  
Focus Group ◽  
Value Chain ◽  
Core Competencies ◽  
Strategic Decision ◽  
Round Table Discussion ◽  
Clear Understanding ◽  
Oil Companies ◽  
The Core ◽  
Internal Capabilities ◽  
Further Development

Abstract Background Key trends say that to stay as a primary energy source for the upcoming years Oil & Gas companies shall concentrate their efforts on efficiency and technologies, including digital. The situation in the Exploration sector is challenging, as there are almost no "easy" resources left to explore. One of the ways to build a further development strategy for the Oil & Gas Exploration Companies is to define and build development plans for their core internal capabilities. To boost their efficiency, companies shall concentrate their attention and efforts around their core competencies. Purpose The principal aim of this paper is to suggest the method of identifying the internal sources of competitive advantage (the core competencies of an organization) and building the plans of their development on the example of the selected Oil & Gas Exploration Company. Methodology A case study was carried out utilizing the methods synthesized by the author basing on the critical analysis of the previous conceptual and research studies, including strategic architecture, value chain analysis, POCCI model and both quantitative and qualitative methods. The identification of core competencies was based on a discussion nature of focus group activities organized in the form of strategic sessions among the top management level of the selected Company. Findings Five core competencies were identified for any Oil & Gas Exploration Company: managing personnel motivation and development, managing uncertainties, regional / basin analysis, building an integrated business-case, and geological modelling. These results were validated and proved by a crosscheck analysis, final discussions with the focus group and a round table discussion among industry experts, consultants and top managers of major oil companies. Discussions and recommendations for further development The validity of methods suggested by the author is proved, however, some points of further methodology were identified during the research. The clear understanding of internal capabilities, the core competencies development level and what is the company is capable of today and tends to be capable of in the future will become one of the most valuable parts in every strategic decision-support package. The clear picture of identified and estimated competences together with an on-going benchmarking becomes a valuable guide in systematization and managing the company's development.

scholarly journals Assessment of the level of requirements to key competencies of enterprises under conditions of digital economy

2019 ◽  
Vol 29 (3) ◽  
pp. 91-99
Author(s):  
A. M. Batkovsky ◽  
P. A. Kalachykhin ◽  
Yu. F. Telnov ◽  
А. V. Fomina
Keyword(s):  
Value Chain ◽  
Core Competencies ◽  
Digital Economy ◽  
Expert Assessment ◽  
Practical Implementation ◽  
Innovative Product ◽  
Main Subject ◽  
The Core ◽  
Key Competencies ◽  
The Creation

The main subject of the research is the key competencies of innovation-active enterprises in the digital economy. Approach to the identification of core competencies of the enterprises on the basis of the inverse engineering of the requirements to competencies satisfying valuable characteristics of a product is formulated. It is proposed to consider the network enterprise as an intermediate link upon transition from the creation of the traditional enterprise to virtual. Decomposition of the value chain of the product into activities corresponding to the core competencies in the context of the network enterprise participants is executed. The technique of assessment of requirements to core competencies of the enterprises on the basis of comparison to the value offer on the creation of an innovative product is developed. Criteria of optimization of the network enterprise structure on the basis of estimates of the level of requirements to core competencies are developed. The distinctiveness of the study consists in the use of expert assessment methods, fuzzy logic, multisets, and multi-criteria optimization during its conducting. The practical implementation of the research results presented in this article will improve the efficiency of innovatively active enterprises.

scholarly journals Acceptability and feasibility of Choice based credit system in BDS Syllabus

2016 ◽  
Vol 4 (7) ◽  
pp. 74-80
Author(s):  
M. Shivasakthy ◽  
Dr. K.R. Sethuraman ◽  
Dr. B.V. Adkoli
Keyword(s):  
Focus Group ◽  
Focus Group Discussion ◽  
Core Competencies ◽  
Group Discussion ◽  
Credit System ◽  
Online Questionnaire ◽  
The Core ◽  
Dental Curriculum ◽  
To Receive

Purpose: To receive the opinion of dental academicians trained in pedagogy on the feasibility and acceptability of Choice Based Credit System in BDS syllabus and also to receive the opinion of students by conducting focus group discussion. Materials and methods: A model BDS syllabus Prototype for Choice Based Credit System was designedand was submitted to a team of dental academicians trained in pedagogy for their suggestions on the acceptability and feasibility of application of Choice Based Credit System (CBCS) in dentistry through online Google form Questionnaire. Focus group discussion was conducted with a group of interns to know the opinion of the stakeholders on CBCS. The proceedings were analyzed.  Results: Participants in the Google online questionnaire majority accepted the feasibility of implementing CBCS in dentistry in India. Analysis of the conversations in Focus group discussion with interns also revealed their interest in welcoming CBCS into dental curriculum. Conclusion: Provided the Core competencies are taken into consideration and choice is given to students to select the areas which they want to specialize to take in electives and not to leave any branch as a whole as optional elective creates possibilities to successfully implement CBCS in BDS.

scholarly journals Outsourcing Decision in Capabilities Perspective

2019 ◽  
Vol 1 (1) ◽  
pp. 1-10
Author(s):  
Muhammad Ali Butt ◽  
Hadiya Sarfraz ◽  
Ahmed Bilal
Keyword(s):  
Value Chain ◽  
Core Competencies ◽  
Strategic Decision ◽  
Competitive Advantages ◽  
Strategic Outsourcing ◽  
Integrated Decision Making ◽  
Areas Of Interest ◽  
Decision Making Model ◽  
Outsourcing Decision ◽  
Over Time

There are many theories and framework which suggest performance link to strategy and / or resources. In order to succeed in the market, the organization must transform its core strengths into competitive advantages so that it becomes harder for its rivals to snatch its customers and market share. This paper has attempted to integrate the issue of weakness emanating out of the capability frame in terms of strategic decision in outsourcing. With the help of our proposed “Integrated Decision Making Model” for strategic outsourcing,, significant advantage can be achieved by directing investments and efforts in areas where firms perform better as compared to others. Over time, a continued effort to develop core competencies by building strategic capabilities (strengths) and minimizing strategic liabilities (weaknesses), bar the present or future competitors to expand into the company's areas of interest, thus helps to defend the strategic competitive advantages lying in the firm's value chain.

An Input–Process–Output Model of Pilot Core Competencies

2017 ◽  
Vol 7 (2) ◽  
pp. 78-85 ◽  
Author(s):  
Heikki Mansikka ◽  
Don Harris ◽  
Kai Virtanen
Keyword(s):  
Path Analysis ◽  
Team Performance ◽  
Core Competencies ◽  
Core Competency ◽  
Principal Component ◽  
Analysis Model ◽  
Input Process ◽  
The Core ◽  
Performance Framework ◽  
Process Output

Abstract. The aim of this study was to investigate the relationship between the flight-related core competencies for professional airline pilots and to structuralize them as components in a team performance framework. To achieve this, the core competency scores from a total of 2,560 OPC (Operator Proficiency Check) missions were analyzed. A principal component analysis (PCA) of pilots’ performance scores across the different competencies was conducted. Four principal components were extracted and a path analysis model was constructed on the basis of these factors. The path analysis utilizing the core competencies extracted adopted an input–process–output’ (IPO) model of team performance related directly to the activities on the flight deck. The results of the PCA and the path analysis strongly supported the proposed IPO model.

PROFESSIONAL COMPETENCIES OF ARCHITECTURE GRADUATES: PERCEPTIONS FROM GRADUATES, ACADEMICS AND EMPLOYERS IN THE NIGERIAN CONSTRUCTION INDUSTRY

2018 ◽  
Vol 15 (2) ◽  
pp. 1
Author(s):  
Joy Joshua Maina
Keyword(s):  
Best Practices ◽  
Construction Industry ◽  
Professional Practice ◽  
Core Competencies ◽  
Descriptive Statistics ◽  
Self Report ◽  
Professional Competencies ◽  
Architecture Education ◽  
The Core ◽  
Study Results

The clamour for better quality graduates by architects in the Nigerian Construction Industry (NCI) necessitates a look into the core competencies and the adequacy of architecture education in preparing architecture graduates for professional practice. 116 self-report likertscale questionnaires from architecture graduates (2009-2015), academics and employers were analysed to establish core competencies developed by the graduates while in school. Descriptive statistics, t-tests as well as Mann-Whitney tests for differences in ratings were employed for the study. Results reveal the perceived adequacy of architecture education for the future career of graduates from the academic perspective. Graduates were most proficient at design related competencies while AutoCAD was still considered the most important CAD competency for architecture graduates in the NCI. The study recommends more frequent evaluations of competencies for employability in collaboration with industry as well as embracing BIM related software in line with global best practices. Keywords: Academics, Architecture, Employers, Graduates, Professional competencies, NCI

Estudio del proceso de lavado de contenedores para eliminar tiempos y movimientos innecesarios, caso: Wash Containers S.A de C.V.

2020 ◽  
pp. 25-36
Author(s):  
Juan Alfredo Lino-Gamiño ◽  
Carlos Méndez-González ◽  
Eduardo José Salazar-Araujo ◽  
Pablo Adrián Magaña-Sánchez
Keyword(s):  
Business Process ◽  
Value Chain ◽  
Process Management ◽  
Core Business ◽  
The Core ◽  
Washing Process ◽  
Overall Performance ◽  
The Times

In the value chain it is important to keep in mind the core business of the company, since it depends largely on the competitiveness of the company and its overall performance, bearing in mind that all business indicators depend on it. In this work we will study the washing process within the company WASH CONTAINERS SA DE CV, to improve the washing processes and in this way reduce times and movements in the process leading the company to reduce costs considerably within the operations company daily, having a more competitive operation and with greater profit margin in its business process. Goals: It Improve the logistics of the movement of containers for washing and with it the core business of the company. Methodology: The action research will be applied applying Business Process Management for the improvement of processes in situ, it will be developed in a certain period of time and with that it will establish an improvement projection. Contribution: The improvement of the times for the disposal of the containers and their subsequent use, allows a better competitiveness and with it the income of the company, on the other hand, the transport companies improve in performance in quantity, quality of disposition and with it their income.

Interdisciplinary Human Factors Curricula for Individualized, Independent Study

2020 ◽  
Vol 64 (1) ◽  
pp. 1390-1394
Author(s):  
Esa M. Rantanen ◽  
Hamza Khammash ◽  
James C. Hall
Keyword(s):  
Human Factors ◽  
Core Competencies ◽  
Panel Discussion ◽  
Independent Study ◽  
New Professionals ◽  
Interdisciplinary Programs ◽  
The Core ◽  
Disciplinary Programs ◽  
Board Of Certification ◽  
University Course

Education and career development of new generations of human factors professionals has rightly been a central concern the Human Factors and Ergonomics Society for many decades. There have been periodic surveys to track the changing employer expectations for new professionals, and there have been several panel discussion at the HFES Annual Meetings to address various issues in education of future professionals. There have been significant changes in academia, where many traditional disciplinary programs are declining and new interdisciplinary programs are emerging. These trends may present novel opportunities for education of the future human factors workforce. In this project we surveyed all courses in a university course catalog to identify courses that offer training, to varying degrees, in the Core Competencies as defined by the Board of Certification in Professional Ergonomics. These courses could form a basis for interdisciplinary programs in human factors without being confined in any particular department or existing program.

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