Training for a Global Workforce

Now to business news and an update on oil giant GE's acquisition of Jakarta based Atlas oil Hi, I'm Martin Kincaid I'm about to go into a performance contracting conversation with Joe one of my supply chain specialists like everyone else We're gonna face a 10% cost reduction target this year Yeah, and for me the priorities for our team are well production safety Standardization and the cost reduction program exactly. Yeah, very clear Sean Before we meet the team I want to talk to you about our response to the crystal are we going to have to hang on for marketing to do their Legendary research it will delay our development cycle if we have to wait for their consumer preference analysis Just playing devil's advocate for a minute. What happens if sales say no way you can't cut back your marketing support It's a critical time. Otherwise market share across the whole product line will suffer and we'll never get it back I spent some time this week talking to some group and senior leaders in the company and put some of these key questions to them You don't need to do all the pre-work in one go You can log out and return if for example you want to give some more thought to the my challenge section The system will confirm when you've completed the pre-work Talk me through how you're gonna go about building these relationships with your stakeholders Well, I'm you know me Martin.

I as you just said I'm more of a numbers person that sort of approach And I'm not sure it's for me the schmoozing and the hand-holding I don't like it when people do it to me I think it's a bit of a waste of my time and I don't like to inflict it on others So I'm not sure how we're gonna go about that What I need to do is make sure that you change your behavior in the future So how are we gonna make sure that doesn't happen when giving feedback? There are three things to remember number one tell the person what they did describe specifically what happened number two Describe the impact of their actions on you the team or the business and number three state what you want to do next Over the last two years we have created a brand that sets us apart from the competition We are known as the brand to trust As we know managing the supply chain for all product lines from procurement to retail distribution is a challenge And with some time to make these a reality we will once again leave the competition behind Thanks. Yeah, I've got something to say I'm finding it really hard to justify the time that we spend having these meetings They take up most of the morning even when from my perspective there's not really anything important to discuss So I just wondered if people would be prepared to discuss it The relocation of the operations management team from Jakarta to Singapore Raises many questions that the two leadership teams must address It could hurt our bonus no matter what our rationale if we lose a good portion of our field operations The costs of rebuilding could be significant. I'm sure we have personnel here in singapore who could step in if needed Now as you know a team from jakarta Representing the interests of the field management team will be in singapore tomorrow And we'll be meeting with some of us to present their point of view.

I hope we can all work together for a successful outcome He's not going to pull rank just because he now runs the division In fact, it was him that suggested that I sit down with you guys to generate a convincing argument GE must act quickly if they are to realize the ambitious increases in regional production targets that they announced Following the merger. Thank you, professor zira And thank you for joining us