See how asset based management structures are the key to unlocking lower costs and better returns in the petroleum industry.

At the end of this course, you will have achieved an understanding of asset-based management in petroleum companies. You will be able to : analyse your own area of operation to discover where asset concepts would improve performance make a plan for the development of your own organisation using the concepts taught, understand the obstacles to change and how these obstacles can be removed understand the key implementation steps to developing improved performance understand the philosophy, organisation and operation of their clients, customers, contacts and competitors prepare a personal development plan for yourself to acquire the skills and experience needed in an asset based company

• Managers and professionals in petroleum companies, service companies and banking and finance dealing with the petroleum sector
• Officials from Ministries of Petroleum or Energy

Introduction
• What is asset based management?
• Why have companies adopted it?
• Models of asset management
• The achievements that are possible

Key issues in Strategic Management
• The essential preparation for change
• Understanding the market
• Understanding the asset
• How assets should be grouped

Leadership & Teamwork
• The revolution in management style
• Building and managing teams
• Performance management
• Managing change & conflict

Key Business Processes
• Putting it all together
• Business focus
• Performance contracts
• Technology
• Risk management
• Workforce alignment
• Alliancing
• Outsourcing and contractors
• HSE issues

Leading the Asset Based Corporation
• What makes a great top-level team
• The role of the board
• Organisational sharing and learning
• Support functions
• Assets acting together

Conclusion
• What should my organisation do next?
• What should I do next?