Enerplus Culture

WARNING

The following slide deck may provoke discussion, inspiration, and/or excitement. We hope so,

because that’s exactly what it’s for.

OUR CULTURE a reference guide to loving

Life @ E+

Times are changing

Times are changing the world is changing

4

Times are changing the world is changing we are too.

Over the years, people have DRAMATICALLY changed how they live and work.

From FOCUS

NEED

TIME

LOCATION

TENURE

From TO FOCUS

NEED

TIME

LOCATION

TENURE

From working quietly to collaborating

From cellular phones

to iPhones

From horrible bosses to inspiring ones

Like the world around us, we must continue to CHANGE (or risk falling behind).

We’ve moved from an INCOME TRUST…

We’ve moved from an INCOME TRUST… to becoming a true EXPLORATION and PRODUCTION company.

And, we’re finding our groove…

And, we’re finding our groove…

(Sort of like “Stella” did.)

But keeping up isn’t good enough.

Looking around can distract us

Looking around can distract us we must stay focused on our future

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Looking around can distract us we must stay focused on our future And who WE want to be.

20

We want to create something

extraordinarily special that DOES NOT EXIST in E&P today.

We want to create something

extraordinarily special that DOES NOT EXIST in E&P today.

And we’re doing just that.

who we ARE matters

who we ARE matters

who we HIRE matters

who we ARE matters

who we HIRE matters

who we ADVANCE matters

OUR BASIC FORMULA IS THIS…

Find people who…

Find people who…

Dream BIG

Find people who…

Dream BIG

Get sh*t

done

Find people who…

the right way i.e. not at all costs ) ( Dream

BIG Get sh*t

done

Find people who…

Have fun!

Dream BIG

Get sh*t

done

Find people who…

and they will thrive here

Have fun!

Dream BIG

Get sh*t

done

We have eight key aspects of

OUR CULTURE that have guided us through the years

We have eight key aspects of

OUR CULTURE that have guided us through the years

– including ones we are moving towards with great passion

It’s a JOURNEY

and we aspire to get there TOGETHER

We value our values #1

We balance the WHAT and the HOW in everything we do

We balance the WHAT and the HOW in everything we do

is our how

E H R A T

(Think: TRUST and having COURAGE to speak up.)

E H R A T

HONESTY

When we stick to the FACTS we stay with the TRUTH.

We say to ourselves…

(Be transparent, even when it’s tough.)

(Always strive to co-create.)

E H R A T

ENGAGEMENT

We are at our best when we work together. Co-creating = a better outcome all around.

(It’s OUR @ss on the line.)

E H R A T

ACCOUNTABILITY

(It’s OUR @ss on the line.)

E H R A T

ACCOUNTABILITY

But that said – MISTAKES ARE OKAY as long as we LEARN from them.

(owning ZERO.)

E H R A T

RESPONSIBILITY

We want everyone to GO HOME IN THE

SAME SHAPE (or better) than they arrived.

Yes, we’re in it for awesome results. But never at the cost of anyone’s SAFETY.

We care about the ENVIRONMENT and COMMUNITIES that we live and work in.

(We don’t tolerate jerks.)

E H R A T

TEAMWORK

(We don’t tolerate jerks.)

(Even BRILLIANT jerks.)

E H R A T

TEAMWORK

After all, it’s more fun to CELEBRATE the wins together.

OUR MOTTO: Play nice. We’re all in this together.

There are no “CLCs” if you are truly living E H R A T

C.L.C.

(career limiting comment)

We take our work seriously, not ourselves (have fun!)

#2

Around here, feel free to dance like no one is watching.


YES we make the occasional music video.


YES we make the occasional music video. YES it was to the tune of blurred lines…


YES we make the occasional music video. YES it was to the tune of blurred lines… NO we’re not sorry. We’d do it again in a heartbeat.

BUT WAIT – isn't there such a thing as too much fun at work?


SAID NO ONE.


SAID NO ONE. EVER.

Why do we believe in having fun at work?

Happy people treat others well.

Happy people treat others well. Fun leads to creativity.

Happy people treat others well. Fun leads to creativity. Creativity leads to innovation.

Happy people treat others well. Fun leads to creativity. Creativity leads to innovation. Work becomes a reward not just a way to rewards.

#3 We start with trust

We start with trust #3

We’re always striving to get better at this part.

We believe NOBODY wants to work somewhere with this on the front door:

We believe NOBODY wants to work somewhere with this on the front door:

YOU ARE UNDER SUSPICION

(yes, at all times)

We need to better recognize our own BEHAVIOUR around trust –

Some people trust freely,


Some people trust freely, others have it earned.


Some people trust freely, others have it earned.


But we all WANT to be trusted…

…DON’T WE?

To be TRUSTED is to keep your promises.

To be TRUSTED is to keep your promises. To TRUST is to take risks on people.

To be TRUSTED is to keep your promises. To TRUST is to take risks on people. Sometimes, trust means giving second chances… even when it scares you.

We believe results matter – both how and what you deliver

#4

Remember, our HOW is

E H R A T

People who place Above things like

RESULTS safety

DEPARTMENT enerplus


SELF team


…seem to have trouble understanding the HOW MATTERS just as much as the WHAT.

…seem to have trouble understanding the HOW MATTERS just as much as the WHAT.

(They learn fast or don’t stick around for long.)

So if that’s our HOW then what about our WHAT?

STRATEGY WHAT is always grounded in our

STRATEGY

so that each of us can discover and impact

WHAT is always grounded in our

so that each of us can discover and impact

our core business

STRATEGY WHAT is always grounded in our

DRIVING RESULTS requires lots of OPEN DIALOGUE among teams

SO WE GET MORE OF THIS

NOT THIS

#5 We know work & life happen in the same day

The lines between work and life are increasingly blurred.

Sometimes at work, you need to tackle things going on in your life.


We get it.


We get it. Go ahead.

(It happens to all of us.)

Sometimes while you are out living life, you need to tackle a work thing or two.

Sometimes while you are out living life, you need to tackle a work thing or two.

We get that too.

When we’ve done all the awesome work we can for the day, we go home (guilt-free).

RESULTS matter more than how much face-time we put in.

Where we can, we use it to our advantage ♥

RESULTS matter more than where we get them done.

RESULTS matter more than how much

vacation we take.

We let our results speak for themselves

RESULTS matter more than what we wear in the

process.

We use good judgement and wear what we want…

P.P.E.

(personal protective equipment)

as long as it includes appropriate P.P.E. when required

And that’s fine, because safety looks great on everyone...

And not birthday suits (even if it’s your birthday)

To the extent we can, we believe in creating freedom in where

To the extent we can, we believe in creating freedom in where when

To the extent we can, we believe in creating freedom in where when and how we work.

To the extent we can, we believe in creating freedom in where when and how we work.

Awesome results (delivered on-time) are what matter to us.

We also believe in enjoying life to its fullest.

We also believe in enjoying life to its fullest. We are all for WORK and LIFE, and making darn sure both of them are awesome.

We value differences because they make us better

#6

We are a pretty cool bunch...

Our recipe is to hire the best and embrace our differences

Fresh ideas are always welcome here

This makes for some pretty

impressive teammates

all around.

Remember our formula?

thrive here Have fun!

Dream BIG

Get sh*t

done

IMPRESSIVE TEAMMATES share their differences – for the betterment of us all.

IMPRESSIVE TEAMMATES do things like…

Respectfully challenge your thinking.


Ask questions like what if? and why not?


Share freely and teach you new things.


Help you get through. (They are incredibly resilient.)


Anticipate, taking on work without being asked.


Have your back and will volunteer to help you out.

Perhaps what’s most impressive about IMPRESSIVE TEAMMATES is they put the team > themselves.

Perhaps what’s most impressive about IMPRESSIVE TEAMMATES is they put the team > themselves.

They stay HUMBLE. (Remember “no brilliant jerks” here please.)

#7 We believe in simplicity and know this is often hard

We data.

♥

We data. We ideas.

♥ ♥

We data. We ideas. We opinions.

♥ ♥ ♥

We data. We ideas. We opinions.

♥ ♥ ♥

(Data is probably our favourite. Lots of it!)

♥

We need to remember to keep things simple.

Simple usually starts with one bright idea.

…and blurs our vision

But often complexity creeps in…

Simple means…

Doing the right thing for Enerplus.

We take risks, measured and purposeful

#8

By this, we do not mean rolling the dice…

We believe action to be key in moving us forward.

We believe action to be key in moving us forward. We understand action inherently involves risk.

We gather data.

We gather data. We hold candid debates.

We gather data. We hold candid debates. Sometimes do this for way too long…

We gather data. We hold candid debates. Sometimes do this for way too long… until someone reminds us of #7 (simplicity)

We choose a path and manage the risk together.

To sum this all up…

OUR CULTURE applies to everyone.

OUR CULTURE applies to everyone. We are all in this together.

We treat each other like we can make a difference.

We treat each other like we can make a difference. And we do.

Each of us has the opportunity to lead (formally or informally).

That’s why we have 5 key leadership behaviours

That’s why we have 5 key leadership behaviours to help us ALL continue to cultivate OUR CULTURE.

They are…

They are…

fearlesslyBEAUTHENTIC(and humble)

They are…


INVESTpeoplein

They are…


INVESTpeopleinVALUE

diversity

They are…


and EMPOWERguide

(don’t micro-manage)

INVESTpeopleinVALUE

diversity

They are…


and EMPOWERguide


INVESTpeopleinVALUE

diversity

resultsBE

and ACCOUNTABLEsavvy

Cool words. But what do we really mean?

fearlessly BE AUTHENTIC (and humble)

share more, rather than less

allow people to know the real you

admit mistakes

tell the truth

be yourself

be genuine

get to know your team as individuals first

build relationships

know what you know; admit what you don’t know

let people in

have the courage to speak up

share credit

team > self

be transparent

serve others with humility

be open to feedback

do what you say

work for a cause, not applause

don’t strive to make your presence noticed, just

your absence felt

think of yourself less

believe in yourself

and EMPOWER guide


coach, don’t tell

start with WHY

know when to help

translate the strategy

take risks and trust your people

set the context

delegate

extend trust

leverage your experts

stand behind your people

enable others to be successful

be supportive

equip the team

balance workloads

focus on leading, not doing

allow creativity give space

be agile in the face of change

clarify your purpose – know the why behind everything you do

invite others along the journey

inspire others

talk to your team often

listen

INVEST people in

give real-time feedback

set people up for success

offer help when needed

be available

know your people

make time

create exposure

opportunities equip people

focus on developing others

help the team grow

provide advice

be accessible

share experiences

provide training

mentor others sponsor people

ensure safety is always job 1

seek real-time feedback

recruit the best

help people stretch beyond

what they thought possible

onboard people well

deal with the tough stuff early

invest properly upfront

recognize a job well done

celebrate success practice “same day service”

strive for great goals

VALUE diversity seek

diversity of thought

be open to ideas differences make us stronger

play to peoples strengths

know your people

be creative

encourage new ideas

seek contrary viewpoints

leverage a range of experiences

don’t hire clones

innovate and evolve

explore alternatives

allow creativity

test ideas out – just more than enough

be open to change

encourage respectful dissention help people speak up

freely share

opinions

think fewer silos, more collaboration

find new voices

be curious, not judgmental

listen

open your mind

leverage different backgrounds

results BE

and ACCOUNTABLE savvy

seek solutions, rather than point to problems

make informed decisions

support corporate goals

role model collaboration

find common ground

take action, managing risks

pursue excellence

learn from mistakes

if you are accountable, own it

implement for life

be creative collaborate

own your decisions

own your mistakes

lead with integrity work hard, work smart drive results seek win/win

inspire

be passionate about results

pitch in

resource the team for success

focus on results – but never at the cost of our values

do what you say

don’t complain, fix

strive for excellence

► We value our values ► We take our work seriously, not ourselves (have fun!) ► We start with trust ► We believe results matter – both how and what you deliver

► We know work and life happen in the same day

► We value differences because they make us better

► We believe in simplicity and know this is often hard

► We take risks, measured and purposeful


and EMPOWERguide


INVESTpeoplein

VALUEdiversity

resultsBE

and ACCOUNTABLEsavvy

If you remember nothing else, remember these five:

…because they lead to this!

A final thought…

A lot of companies talk about Good to Great!

A lot of companies talk about Good to Great! There’s nothing wrong with that – but for us, it’s just the starting point.

We are working on: Good to Great!


Great! to Awesome


Great! to Awesome Awesome to Awesomer

STRENGTHENED ENERGIZED DISCI PLINED FOCUSED

We are:

We are:

Photo credits: Lisa Studzinski and Caroline Diep, Slave Lake 2013

We believe in CREDIT where credit is due…

– THANKS for inspiring us.

First and foremost, to our EMPLOYEES for their honest feedback in our surveys and focus groups… you genuinely care about E+!

And also to… #culturecode HubSpot Valve Anchorman Netflix WestJet Daniel Pink Simon Sinek Zappos David Mead The Fish! Philosophy

Enerplus Culture

Leadership & Management

Transcript of Enerplus Culture