Why Reverse Mentoring Could Work for Oil, Gas Companies

[stander]

Industry veterans are nearing retirement. Young entrants to the workforce are knowledgeable in technology, but lack industry experience. These two circumstances, along with other factors, helped create the perfect storm – the Great Crew Change.

The oil and gas industry has a continuing challenge to bridge a skills gap, as well as a generational gap, in its global workforce. In the midst of an industry-wide downturn spanning almost two years now, companies are developing methods to face this challenge and ensure they have a capable workforce in the future.

Several industries have found success with reverse mentoring, a form of mentoring in which older senior executives are partnered with younger workers, for training in areas such as technology and current trends. And, some experts suggest the oil and gas industry could reap benefits from such methods. Leaders from different companies weigh in on the possibility.

http://www.downstreamtoday.com/news/article.aspx?a_id=52674

[Grubster]

Yes and you will be required to train people that will work for less than half what you did as the industry looks at bottom line figures only. If you refuse to teach these people you will have to quit and lose any severance pay owed. The game is up I'm afraid, hard work and dedication means nothing on wall street. I may be wrong but I really doubt it. Good luck.

[NanLaew]

On 10/22/2016 at 0:02 PM, Grubster said:

Yes and you will be required to train people that will work for less than half what you did as the industry looks at bottom line figures only. If you refuse to teach these people you will have to quit and lose any severance pay owed. The game is up I'm afraid, hard work and dedication means nothing on wall street. I may be wrong but I really doubt it. Good luck.

Heard of an oilfield guy recently turning down a US$600/day position because he was getting double that less than a year ago when he was cut loose. He doesn't need reverse mentoring. He needs a slap.

[Grubster]

On October 25, 2016 at 10:46 AM, NanLaew said:

Heard of an oilfield guy recently turning down a US$600/day position because he was getting double that less than a year ago when he was cut loose. He doesn't need reverse mentoring. He needs a slap.

I remember when the media reported that the auto workers where I lived were making over $25 per hour when the truth was that it was costing the company over $25 but $10 of that was insurance, pension, social security etc. The workers were making $15 and that wasn't that good. The elite rich people have succeeded in getting the common people to point fingers back and forth at each other.