The development of an oil industry professional today involves leadership and management training that has been cultivated over many years. The dynamic and complex environment in which an oil executive operates requires expert knowledge of the industry, technology, opportunities, business drivers and competitors, but also an understanding of the impact of globalization on energy markets and firms. An astute business acumen combined with a thorough grasp of the issues facing the oil and gas sector provide the executive with the tools necessary to identify, address and meet challenges. Experience and the ability to effectively execute as well as a good foundation of the aforementioned skills are a just a few of the key components to being a successful industry professional.
As global demand for energy increases and competition intensifies, an oil and gas professional must also be able to address the needs of an increasing number of countries that are seeking to develop their natural resources in a secure and sustainable way. An executive must have extensive knowledge of the exploration and production processes that are required to manage crude refining precisely and efficiently. This includes both the management and distribution of refining products and processes, as well as the necessary understanding of a diverse range of commercial practices common within the sector. The professional must also have an intimate knowledge of long-term trends of trading standards in crude, petroleum and petrochemical products within the global energy markets, and simultaneously be fully aware of the complex considerations regarding logistics and transportation.
The ability to develop and sustain relationships in multi-cultural settings, as well as knowing, understanding and respecting personal professional relationships within a team allows the executive to discover the economic impact of trust. These values help generate speed of execution while cutting the cost of redundancy, rework and conflict.
Expanding influence beyond formal boundaries allows the executive to obtain desired results. This involves strategic thinking and identifying key elements of industry analysis and information which the professional must not only be able to judge the reliability of, but also be able to analyze it quickly and effectively in order to understand the impact on profitability. Operating with this level of expertise allows the executive to leverage resources within the company, make judgments on business advancements and pursue and capture qualified opportunities for the benefit of the professional, the company and shareholders alike
In today’s oil industry, the easy plays are gone. Executives function within a rapidly changing environment where they must keep up, where they must develop a global vision and master the skills to achieve it. They are part of an elite group whose members are small and whose knowledge is uniquely specialized. Years of experience and training are devoted to the making of an established, highly qualified executive.
Alkhas Khametov is a leading oil industry professional who has developed the assets discussed above over the span of an illustrative twenty year career and, as his profile illustrates, whose dedication to management excellence and leadership is unsurpassed.