There's a human capital crisis across Latin America's oil and gas sector.
Many areas in the region are experiencing incredible growth in oil and gas exploration, and a growing number of large discoveries need skilled employees for development. This growth has also fed an increase in competition for talent to fulfill project deadlines.
As a result, human resources directors in Latin America are under enormous pressure to quickly build capability and recruit from Generation Y in the region. To help facilitate dynamic solutions, human resource (HR) specialists interested in meeting these challenges will come together at Hanson Wade's upcoming Latin American Human Capital Forum 2013 in Rio de Janeiro, Brazil. Hanson Wade specializes in business conferences that gather forward-thinking groups to focus on key industry sectors, including oil and gas, life sciences, shipping and finance.
The inaugural Latin American Human Capital event will run from February 25-28 at the five-star Sheraton Barra Hotel. The four-day program will feature traditional presentations, interactive workshops, working lunches and one-on-one meetings for human resources leaders and capability professionals. Both groups will have ample opportunities to interact with training solutions providers and share strategy ideas. Approximately 25 speakers will lead these opportunities for an expected 125 attendees.
Some of the expert speakers represent leading oil and gas companies active in Latin America include Petrobras, Statoil, Weatherford International Ltd., Chevron Corp. and Shell.
"It's critical that this event take place, as it's the first one to focus on oil and gas 'Y talent' in Latin America," said Hanson Wade Event Director Nicola Freeman. "The oil and gas industry is currently led by the baby boomers, and ways to operate and attract and retain talent from generation Y need to be developed."
According to the most recent Schlumberger HR benchmark, two-thirds of companies in the oil and gas business have been forced to delay projects due to inadequate staffing, Freeman added.
"This conference is all about how to successfully implement a human capital strategy from the top down. It will show HR specialists how to actually win the human resources war."
The agenda is designed to help attendees learn how to bring a HR strategy into the 21st century; capitalize on the talent in an existing workforce; plug the skills gap by building internal capability and career progression; qualify and certify staff quickly and cost-effectively, and more.
"We wanted to do the Latin American oil and gas event because our other programs in the region revealed that one of the main challenges that kept resurfacing was the difficulty in recruiting, training and retaining oil and gas talent," Freeman said.
During the forum, attendees will learn how the region's most proactive national oil companies (NOC), integrated oil companies (IOC) and supplier community are developing practical solutions to these exact challenges. They will also get exposure to ideas about building an effective HR strategy to enhance recruitment success, accelerating capability development, and fast-tracking the leaders of the future.
To review the latest event program or registration information, visit the Latin American Human Capital Forum 2013 event website.
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