Global Engineering and Construction...
Transcript of Global Engineering and Construction...
Global Engineering and Construction
Workshop
June 23-24, 2015
DAY ONE AGENDA
Introduction & Background
Mission/Vision
Breakout Sessions
Lunch
Gearing Up for Growth
Process Overview
Wrap Up
Happy Hour & Dinner
DAY TWO AGENDA
Organization Discussion
Breakout Introduction
Lunch
Breakout Session
Report Out
Wrap Up and Next Steps
3
Switch on and Stay on for Safety
4
●
●
●
Introduction & Background
Round the World
• Introductions for attendees
• Where do you work?
– Location, who you work for, other?
• What do you do?
• What’s your background?
– Engineering, managing, a little of everything?
Why Our Work Matters
Our Mission Statement Defines Our Purpose
Improving Lives by Providing Safe, Reliable and Sustainable
Energy Solutions in Every Market We Serve
What We Do Matters
Our Business Definition Describes What We Do
Leveraging Electricity Platforms and Knowledge to Provide Energy and
Infrastructure Solutions in Our Markets of Choice
Executing on Our Strategy
AES TSR > S&P 500 Utilities Index
Top Quartile “Place to Work” Ranking
Top Quartile “Sustainability and Corporate Social Responsibility”
Ranking
Leverage the
Platforms
Performance
Excellence
Expand Capital
Access
Reduce
Complexity
Put Safety First Act With Integrity Honor
Commitments
Strive for
Excellence
Have Fun
Through Work
Since 2011, AES is Underperforming the S&P Utilities Index
Note: Graph reflects Total Return from September 30, 2011 to June 22, 2015. Total Return reflects stock price changes and dividend payments.
Total Return
9/30/11-6/22/15
49.6% AES
47.4% S&P
Utilities
$9.76
$13.94
We’re Recognized As A Top Employer
AES CORPORATE – Top Workplaces
AES GENER IN CHILE - Great Place to Work
AES SUL IN BRAZIL - Great Place to Work
AES BULGARIA - Best Places to Work by Aon Hewitt
AES DOMINICAN REPUBLIC - Great Place to Work
AES EL SALVADOR - Great Place to Work
AES TEG-TEP IN MEXICO - Great Place to Work
AES PANAMA - Great Place to Work
AES CENTRAL AMERICA – Great Place to Work
AES PUERTO RICO – Great Place to Work
AES Bulgaria Recognized As A Top
Place to Work
In 2014, We Achieved a Top Quartile Ranking in Sustainability
Building our future for tomorrow – it’s about our people
Why We Are Here Today
• AES’s Goal – Growth focus
– E&C is instrumental to implementing growth
– BD is ramping up – we have to as well
• Integrating our organization
– We support AES
– We support SBUs
– SBUs and BD find the jobs
– We manage risk and build them
• Mitigating our risks
Creating Value Through Growth
Business Platforms
Platform Expansions
Adjacencies Partnerships Performance Excellence
7,141 MW Under Construction Coming On-Line Through 2018
New Additions by Year
1,525
7,141
2,972 793
1,851
2015 2016 2017 2018 Total
Majority of New Capacity is in the Americas
43%
18% 3%
36%
Asia US
MCAC
Andes
Mitigating Our Risks
Alto Maipo
Guacolda V
Changuinola
OPGC
Scope misses
Permit issues
Land
rights
Stakeholder management
All Projects Share
Common Risks
Background – We need a PMO
• The PMO of September 2013
– Focus on tools, processes, and procedures
– Recognizing a need for resources; no Global
mandate to pursue
– No champion
• Pegasus’s scope
– Determine what the PMO should be
– Prepare a plan to implement a PMO
What We Did
• Interviewed E&C team, SBU Presidents, and MBLs to understand and identify:
– Current organization, processes, and resources
– Key skills and capabilities
– Coordination and collaboration with other functions, teams
– SBU (as customers of E&C) needs
• Analyzed information provided through questionnaires
• Reviewed processes, procedures, tools, and how people get their work done
Things We Took Into Consideration
• Develop the organization to grow, innovate and continue to drive operational
excellence
• Outline of the Market Strategy to Commercial Operations life-cycle yielded
opportunities to clarify
• Review E&C organizational structure, resources and governance
What We Found
• Resources
– Found a highly experienced and/or skilled staff trying to do the right thing
– Each SBU engages with E&C differently; all see their value, and want more clarity, more
resources
– E&C resource “living” in the development office would be extremely helpful – this would
require a higher level of staffing
– There are areas in which SBUs needs more assistance (e.g. scheduling, claims), but there
are not resources in E&C to call upon
– SBUs are concerned that there are too few experienced construction managers available
to implement upcoming projects
• Roles/Responsibilities
– Roles, responsibilities, and authorities are murky and ever changing, causing friction
between groups and individuals
What We Found continued
• Tools
– Need fully functional tools from E&C; E&C does not currently have resources to fully
implement
• Process and Discipline
– Very little in the way of processes and procedures
– Confirmed that a more defined process for project life cycle would be beneficial for SBUs,
E&C, and AES generally
– Risk management is valued – though no clear process or procedure in planning phases
Overarching finding - early involvement in projects is needed
What We Recommended
• Involve E&C throughout the project from conception to turnover to operations
• Conduct a workshop prior to EPC contract preparation, including risk analysis
involving E&C and SBU resources
• As part of the workshop, plan all the phases together
• Define roles and responsibilities for all early on, including how each role will
change as the project progresses from BD, to construction, into operations
• Institute points of intersection with SBUs starting from the earliest planning
and staff E&C accordingly
• Institute a “Center of Excellence” concept to assist SBUs as they pursue
projects
• Identify and pursue resources to implement the above recommendations
Framework Needed
• E&C’s job is to help AES manage risk while supporting growth
• Process is to support this goal
• Organization to support the process
• Identifying the key roles
• Connecting them with functions and how they interaction internally and with
customers
• Focus on today’s pipeline as well as the AES growth strategy – be prepared
to provide needed support in the future
• SBU Customers – support role enhanced
Mission/Vision
Recipe for an Effective Organization
Mission/Vision Process Organization
Why Our Work Matters
Our Mission Statement Defines Our Purpose
Improving Lives by Providing Safe, Reliable and Sustainable
Energy Solutions in Every Market We Serve
Who We Want to Be
Pursuing our vision helps us grow right
The AES company vision is to be the world’s leading sustainable power
company that safely provides reliable, affordable energy
E&C’s Mission
Lead AES in managing its risks, while facilitating and
delivering AES’s Portfolio of Projects safely, in a
consistent manner, on time, and within budget.
E&C’s Vision
To be a world leading engineering and construction
team, supporting AES’s strategy for the growth of
sustainable energy.
Breakout Session
Mission/Vision
Breakout Instructions
• Review and Discuss
• Assign Roles
• Answer Questions
Mission/Vision Process Organization
Breakout Groups
Name Group Name Group Name Group
Adewale Aina 1 Karan Gawdi 3 Mark Siner 4
Peter Gfrerer 1 Narender Singh 3 Donald Gray 4
Bilge Astarlioglu 1 Peter Bolt 3 Brian Reeves 4
Vinayak Ishwar 1 Lyle Woodard 3 Josephine Bujnowski 4
Damon Tohill 1 Robert Sims 3 Greg Long 4
Rodrigo Gonzalez 3
Hassan Tariq 2 Scott Miller 5
Ron McParland 2 Abraham Garrido 5
Alejandro Sanchez Abarca 2 Otto Gerstl 5
Cara Rodriguez 2 Dan Fallon 5
Max Schurman 2 Rodrigo Sartori 5
Report Out
Mission/Vision
Questions for Discussion
• What beliefs and mindsets do we have today that might be a barrier to us
achieving our vision for the organization?
• How will we measure success?
• What do you believe is E&C’s mission?
• Does E&C’s mission align with and support AES’s mission?
• What is needed for E&C to achieve its mission? (Tools? Communication?)
Gearing Up for Growth
Looking ahead, AES faces a number of market trends impacting our industry
Market & Competitive Trends
• Robust competition
• New environmental legislation
• LNG exports from the U.S.
• Diversification into gas pipelines
• YieldCo’s
• Distributed energy technologies
• Organizing around the customer
AES Proprietary & Confidential
How do we create value within our businesses?
Business Platforms
Adjacencies Partnerships
Platform Expansions Performance Excellence
AES Proprietary & Confidential
7.4GWs of Projects Currently in Construction
By Fuel By SBU
Projects in Construction: Alto Maipo, Cochrane, Cochrane ES, Guacolda V, Andes Solar, Tunjita, OPGC II, Mong Duong II, IPL Eagle Valley, DPP Los Mina, Warrior Run ES, Panama Estrella del Mar Barge, IPL MATS, IPL Harding Street GC
AES Proprietary & Confidential
Coal 70%
Gas 20%
Hydro 8%
Oil 1%
Storage 1%
Solar 0%
US 45%
Asia 35%
Andes 18%
MCAC 2%
One of AES’s competitive advantages is its critical mass in many attractive markets
AES Proprietary & Confidential
US Colombia
Chile
Mexico & CA
UK / NI
Brazil
Philippines
India (Odisha)
DR
Panama
Vietnam
Platform Expansions
6.9 Total GWs; 2.2 GWs Success and Ownership Adjusted
2.2 GW by Fuel 2.2 GW by SBU
Gas 74%
Energy Storage 18%
Coal 6%
Solar 1%
Biomass 1%
MCAC 49%
Brazil 26%
US 9%
Europe 9%
Asia 4%
Andes 3%
Total Equity ~$1.1B, including above + desalination + LED lighting.
AES Proprietary & Confidential
Growth Pipeline: Pursue and Define Stage Projects
5.2 GW Total ; 1.8 GW ownership & success adjusted
Pursue Define
Country Project Fuel MW
Equity (M)
Brazil Termo Araraquara Gas 570 $135
Brazil Termo SP Gas 503 $150
Brazil Itaguai Gas 250 $60
Colombia AES Magdalena Coal 600 $242
DR Itabo III Gas 300 $81
El Salvador Community Solar Solar 30 $6
Jordan IPP4 Solar Platform Extension Solar JV 60 $15
Mexico Chesapeake Gas 590 $189
Panama ETESA Bids Gas 350 $169
Panama ETESA Bids 2 Gas 350 $152
UK & Ireland Legolas Biomass 300 $238
TOTAL 3903 $1437
Country Project Fuel MW
Equity (M)
Brazil AVG Solar Solar 30 15
Mexico CFE Bids Gas 1022 217
Philippines Masinloc Expansion Coal 300 110
TOTAL 1352 342
AES Proprietary & Confidential
Growth Pipeline: Generation Projects
Our adjacent business lines will provide near-term opportunities for growth and are replicable
LEVERAGE THE PLATFORMS
EXPAND CAPTIAL ACCESS
MARKET-FACING
Energy Storage
Desalination
Gas Pipeline & 3rd Party Sales
Distributed Energy Resources
Near-term PTC
Replicable projects
Platform-based
Aligned with market and industry trends
AES Proprietary & Confidential
Adjacencies
Adjacencies
Important Characteristics
0
10
20
30
40
50
60
70
Adjacent businesses and enhancements yield higher returns in less time
80 70 60 50 40 30 20 10 0 100 90
Alto Maipo
MW Conservation
Energy Storage
Small Desalination
Augmentation
Muong Dong
$M
PTC
/ $
M E
qu
ity
Esti
mat
es
(%)*
Adjacencies
Construction term (months)
AES Proprietary & Confidential
Near-term, High Margin
Energy Storage expected to add 2GWs and $200M associated PTC by 2019
Installed MWs by Market
Adjacencies
AES Proprietary & Confidential
An
nu
al M
W d
eliv
ered
vs.
pip
elin
e o
pp
ort
un
ity
US, 1,550
Others, 426
Total ($m)
Project Cost 2,569
Equity 1,100
NPV 320
PTC 216
90
370 398
473
644
200
800
1,100
1,200
1,300
-
200
400
600
800
1,000
1,200
1,400
2015 2016 2017 2018 2019
MW installed
MW of pipeline opportunity
Annual MWs Installed vs. Pipeline MWs
Distributed energy resources such as rooftop solar present a significant opportunity for AES
AES Proprietary & Confidential
Utility-Scale Solar Solutions
(planned infrastructure)
Distributed Solutions (“organic” infrastructure)
Drivers Regulators, markets, planners Customer x-factors, technology, policy, business
models
Timeline 3-4 year cycles <1 year
Scale Large, lumpy Small units, large on similar timelines
Competition Other scale providers Whole grid value chain
Purpose Grid dedicated Consumer primary, grid secondary
Adjacencies
AES Proprietary & Confidential
California’s thermal load profile is expected to change dramatically over the next decade
Adjacencies
Source: CAISO
Desalination projects underway in Chile; potential to develop large projects in both Chile and California
PROJECT Capacity m3/hour COD
Chile
Angamos 200 Q3 2015
Ventanas 200 Q4 2016
Cochrane 200 Q4 2016
Mitsubishi JV 2,900 Q1 2019
California
Poseidon JV 7,900 Q4 2018
Angamos
Adjacencies
AES Proprietary & Confidential
AES can expand its existing gas infrastructure in the DR to develop and serve new markets for LNG in the region
AES Proprietary & Confidential
Existing facilities include:
Import terminal and storage tank
Gas pipeline
LNG truck loading
Expansion potential via:
Second pipeline
Second storage tank
Hub terminal
Adjacencies
1.6 GW Total; 336 MW success & ownership adjusted
Pursue Define
Country Project Category Metric Equity (M) Chile Chile Energy Storage Energy Storage 100 MW $113
Chile Mejillones Desal Desalination 18 MGD $47
Chile Desal Ventanas Desalination 24 MGD $25
Chile Desal Cochrane Desalination <1 MGD $5
Colombia Restrictions ES Energy Storage 20 MW $23
Brazil SP Lighting LED Lighting $16
Brazil Storage Energy Storage 7 MW $7
UK & Ireland Energy Storage II Energy Storage 50 MW $142
UK & Ireland Energy Storage I Energy Storage 50 MW $78
UK & Ireland ROI Energy Storage Energy Storage 50 MW $142
Mexico Energy Storage Energy Storage 20 MW
USA Beaver Valley Storage Energy Storage 100 MW $50
USA Maui Storage Energy Storage 50 MW
USA NY Storage Energy Storage 100 MW $90
USA Oncor Storage Energy Storage 1000 MW $250
TOTAL 1547 MW/
43 MGD $988
Country Project Category Metric Equity (M)
Philippines Kabankalan BESS Energy Storage 40 MW $18
TOTAL 40 MW
AES Proprietary & Confidential
Growth Pipeline: Adjacency Projects
Pipeline Ranking
• Rank pipeline opportunities by a series of financial, risk and strategic scores
• Provide a baseline for comparing projects on a non-sequential basis.
• Enhance ability to make decisions on current projects based on views of future opportunities
AES Proprietary & Confidential
IC Process
Financial Analysis Framework
Decision Point
Project Development Stage
Guidance Meeting
Assess
Development Approval
Pursue Parameter Approval
Define Project
Approval Execute
(Pre FC) Project Confirmation
Key
NTP / FC
Project Intro Meeting
Project Confirmation : coordinated through CS&I. Requires project sign-off by CFO, COO, VP of C&E, and CEO as required. Project must satisfy any CP’s as determined by the full IC and be materially similar in terms of project structure and financial metrics.
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Organizing & Resourcing
for Growth
Developing the organization to grow, innovate and continue to drive operational excellence requires
A high degree of coordination/collaboration
A culture of speed, learning and agility
The right level of governance, review and decision making
Having the right people in the right places
Review and discussion of the SBU market and growth organizations yielded opportunities to clarify
Optimal organization design
Resources and the “ACE” needed to be successful
Key process and approval steps and coordination points across the organization
The right level of organizational involvement and decision-making
The role of the Centers of Excellence
Executive Summary
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Solicited feedback at the market level
Interviewed key market and development leaders to:
Understand growth plans, strategies
Current organizational design, resources
Key skills, capabilities, experience and resource needs
Coordination and collaboration with other functions, teams
Determine key compensation motivators
Through the interview process, confirmed that a core set of skills are needed globally for BD talent, with nuances by SBU
Every market approaches the design and coordination efforts differently Every market is resource constrained and cites budget as a contributing factor
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Development resources vary both in number and organizational structure:
BD resources are generally organized under the market business leader with the exception of Chile, Brazil and US
Commercial support and capability is limited
In some markets financial modeling support and analysis is conducted and provided within the development team
In most cases legal and other functional support is provided from the center as needed
In all markets additional technical resources and support needed (permitting, etc.)
Overall, most markets determined that additional capabilities and dedicated resources are needed to meet growth targets General agreement that the SBU center could provide functional support (finance, legal, technical, commercial, etc.) as long as
resources are available and dedicated Clarity needed on:
Specific growth targets for M&A and A&E
R&R and accountability (Corp, SBU CFO, Market)
Interview observations evident in all markets
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The “ACE” for business developers
**Can leverage existing resources or centers of excellence
Attributes
• Project development/structuring
• Deal origination
• Negotiation/legal acumen**
• Stakeholder management
• Market and industry/technical knowledge
• Financial structuring/ modeling**/acumen
• Commercial acumen**
• Technology/Construction/Technical**
Capabilities/Competencies
• Collaborative
• Execution oriented
• Entrepreneurial/innovative/deal maker
• Business, financial, commercial acumen
• Problem-solver
• Strong analytical skills
• Strategic
Experience
• Project structuring/development, preferably in energy sector
• Market knowledge/intimacy/relationships
• Experience in deal origination, modeling, analysis
• Strong financial, commercial background
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Coordination & collaboration required across the organization
SBU Leadership & Functional support
Macro-level perspective on SBU
Key stakeholder relationships in SBU
Responsible for SBUs asset and portfolio mgmt
COE’s provide analytical , SME and technical support to deals
and projects
Market Business Leader
Deep knowledge of opportunities in local market;
market intimacy
Relationships with key customers; commercial
Management of development and growth activity at market
level
Key stakeholder relationships in market
Market Development Resources
Support SBU Leadership in evaluating growth
opportunities
Execute on opportunities agreed-upon for pursuit
Integrate cross-functionally to hit milestones
Stakeholder and customer management/relationships
Global (Corp) Support
(including CSI)
Investment governance and capital allocation
Advice and consulting at the Global Ops, E&C and functional
level
Deal/M&A support and analysis, as needed/warranted
Strategic direction and framework; COE for new
products (DER)
Core organizational design will drive growth in markets with SBU and Global support
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Corporate Strategy & Investment
MBL
BD Resource(s)
(Green/Brownfield)
Local M&A Resource(s)
(origination)
Adjacencies: DG/ES Resource(s)
• Global Finance & M&A
• COO
• E&C
• Legal
• HR
• T&S/NES
• SBU Finance
• SBU Commercial*
• SBU Legal
• Other SBU functional areas
Global COE’s SBU COE’s
Ad
vise
an
d C
on
sult
P
roject an
d d
eal su
pp
ort
Advise and Consult
M&A Transactions
Process Overview
Process Overview
Preliminary Approval
Assess
Presentation to IC / IC Decision Point
Project Development Stage
Key
Project Identified
Parameter Approval
Project Confirmation
Project Approval
Pursue Define Contract
Prep
NTP
Operate*
90% IC Presentation
• Global Finance & M&A
• COO
• E&C
• Legal
• HR
• T&S/NES
Global COE’s
• SBU Finance
• SBU Commercial
• SBU Legal
• Other SBU functional areas
SBU COE’s
Joint SBU/E&C
IC
Project Setup
10% IC Presentation
50% IC Presentation
Eng. / Procure.
Const. Startup
Planning
Execution
*- E&C activities such as warranty and claims work continue as the project enters operation.
Project Delivery Lifecycle – Planning
Feasibility
Assessment
Assess
Preliminary
Approval
Presentation to IC / IC Decision Point
Project Development Stage
Guidance Meeting
Key
Project
Identified
Pursue
Financial Analysis
Framework
Parameter
Approval
Define
Risk Assessment
& Project
Structuring
Project
Approval
Contract
Prep
Project Confirmation
Risk Mitigation
& Execution
Framework
NTP
• Global Finance & M&A
• COO
• E&C
• Legal
• HR
• T&S/NES
Global COE’s
• SBU Finance
• SBU Commercial
• SBU Legal
• Other SBU functional areas
SBU COE’s
Joint SBU/E&C
IC
Introductory
Meeting
Project Delivery Lifecycle – Execution
Project
Execution
Planning
Project
Setup
Presentation to IC / IC Decision Point
Project Development Stage
Guidance Meeting
Key
Eng./
Procure.
10% IC
Presentatio
n
Constructio
n
Project
Coordination
50% IC
Presentatio
n
Startup
90% IC
Presentatio
n
Turnover &
Operator
Training
NTP
Operate*
• Global Finance & M&A
• COO
• E&C
• Legal
• HR
• T&S/NES
Global COE’s
• SBU Finance
• SBU Commercial
• SBU Legal
• Other SBU functional areas
SBU COE’s
Joint SBU/E&C
IC
Project
Coordination
*- E&C activities such as
warranty and claims work
continue as the project enters
operation.
Breakout Session
Process
Breakout Instructions
• Review and Discuss
• Assign Roles
• Answer Questions
Mission/Vision Process Organization
Breakout Groups
Planning Phase Name Group
Planning Phase Name Group
Execution Phase Name Group
Adewale Aina 1 Karan Gawdi 3 Mark Siner 4
Peter Gfrerer 1 Narender Singh 3 Donald Gray 4
Bilge Astarlioglu 1 Peter Bolt 3 Brian Reeves 4
Vinayak Ishwar 1 Lyle Woodard 3 Josephine Bujnowski 4
Damon Tohill 1 Robert Sims 3 Greg Long 4
Rodrigo Gonzalez 3
Execution Phase Planning Phase
Hassan Tariq 2 Scott Miller 5
Ron McParland 2 Abraham Garrido 5
Alejandro Sanchez Abarca 2 Otto Gerstl 5
Cara Rodriguez 2 Dan Fallon 5
Max Schurman 2 Rodrigo Sartori 5
Report Out
Process
Questions for Discussion
• Does the overall process support E&C’s mission?
• What is/should be E&C’s involvement in each step?
• What E&C activities take place in each step?
• What interactions with non-E&C groups take place in each step?
• Are there gaps in the process?
End of Day One
DAY TWO AGENDA
Organization Discussion
Breakout Introduction
Lunch
Breakout Session
Report Out
Wrap Up and Next Steps
Detailed Organization Discussion
Organizational Structure – Intro
• Today the SVP E&C has a mix of direct reports – both MDs Construction and
SBU MBLs
SVP E&C
MD of Construction &
Projects (Andes)
MD of Construction & Projects (US,
MCAC & Europe)
MD Construction & Projects (Corp)
MBL India (Asia)
(OPGC II)
MBL Vietnam (Asia)
(Mong Duong)
Admin Assistant
Commercial Operations Organization
Mission: To develop technical and commercial solutions for our platforms,
driving successful project development and profitable growth.
• Group’s Mission/Role
• How it Works
• Key Roles
• Q&A
Construction Organization
Mission: Manage project execution risk effectively; provide a safe
environment, maintain stakeholder relationships, including environmental
considerations, while balancing local community needs. Deliver reliable
projects on schedule and on budget, while effectively communicating with
SBU customers, executive management, and other key stakeholders.
• Group’s Mission/Role
• How it Works
• Key Roles
• Q&A
PMO Organization
Mission: As a service focused organization, the PMO will provide tools,
advice and a framework that will assist in making projects successful. The
PMO will supply effective risk management tools and resources to ensure
on-time, on-budget delivery.
• Group’s Mission/Role
• How it Works
• Key Roles
• Q&A
Breakout Session
Organization
Breakout Instruction
• Review and Discuss
• Assign Roles
• Answer Questions
Mission/Vision Process Organization
Report Out
Process
Questions for Discussion
• How does the proposed organization support the process and mission/vision?
• Are there gaps in the proposed organization?
• What roles and responsibilities do the groups within the proposed organization have?
• How do the groups integrate with each other during the project delivery lifecycle (process)?
• What does the integration with the SBUs look like? Which roles interact with the SBUs?
• How can the PMO provide efficient support to the proposed organization?
• What challenges does the proposed organization face and opportunities can it recognize?
• How are individuals best transitioned in/out of projects?
Workshop Wrap-Up &
Next Steps
Key Messages to Share from the Workshop
• Our global strategy is focused on growth
• We are valued and being pulled in to do more
• E&C is a key player in executing on the strategy
• How are we going to this?
– Define the E&C Mission/Vision
– Review the project planning and execution processes and where our role in the
process
– Organize and add resources to support the work to be done
Next Steps
• Continue the discussion of how we “fit” into the parts of the process
• Communicate our plans back to our stakeholders (SBU Presidents, MBLs, COOs etc.)
• Create RACI charts - our teams jointly with the SBUs (roles & responsibilities)
• Create job descriptions and recruit for open/new roles
• Put people in their roles by September
• Prepare for the Global E&C meeting in September
• Hold E&C Talent Dialogue in the fall
• Execute on our strategy - it’s a journey not an event
Stay tuned – more details on activities and timing to come…
Here’s what you told us about the Workshop
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Strangly Agree Agree Disagree Strongly Disagree
I am excited about the directionwe are taking as a company andthe opportunities it creates.
I understand our global strategy,why we are taking steps toimprove the process as E&C isinvolved and restructuring theorganization to support it.
I plan to share what we'vediscussed over the last few dayswith my team.
Here’s what you told us about the Workshop
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I felt the most useful topic of the
meeting was…
# R
espo
nse
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Telepresencesessions
Email Messages
Calls
I would like to say updated on our
progress through…
In addition to the presentation from the meeting, what tools or support
do you need in engaging your people?
• A better understanding about how this information will be communicated & rolled out to the SBUs.
• Implementation schedule for new organizational structure & functions.
• No additional tool needed.
• Visual aides & big picture viewpoints, too often in projects the local staff do not fully understand the
big picture.
• Gaps identified and needs communicated on a more grand level. I know how I am stretched thin
but not necessarily how other teams are.
• Mission Statement, new org structure and org charts when ready. BD process flow chart that was
mentioned during the meeting.
• Process and tools discussion and org chart and communication channels.
• Updates as we move the plans and organization forward.
• Job descriptions, hay grades, SBU organization (current).
• More specific roles and responsibilities and how the local teams fit into those roles.
Here’s what you told us about the Workshop