ONGC Taps New Resources to Shape Its Future

Fifty-two-year-old Oil and Natural Gas Corporation Ltd. (ONGC) has formed a 51-officer Think Tank to pump in young and innovative ideas for tackling issues facing the oil major. The 51 officers are all brand new recruits, what the oil major terms Graduate Trainees (GTs).

Comprising of mostly engineers, scientists and MBAs, this Think Tank army has been selected from a batch of 1300 officers recently recruited by ONGC who attended a workshop on ‘Creativity & Innovation’; the final list was drawn after an elaborate screening process, designed to filter only the brightest, most creative and fertile minds.
The 51 officers will now pitch in their ideas to the ONGC Board in a two-day meet being held near Delhi during December 29-30. ONGC’s Director (HR) Dr. A K Balyan and Chief of Employee Relations Sushant Vats are piloting this workshop, which is expected to see brainstorming on ways to enhance productivity, retain talent and speed up decision processes in the most valuable public enterprise in India.

Manoj Barthwal, who is coordinating the exercise, said, “This unique initiative will not only attract some good ideas, but also foster a sense of belongingness to the young generation workforce, who has a long career for them in ONGC”.

ONGC, currently ranked the number 1 Oil Exploration & Production company as per an US agency Platts, is mandated to secure energy independence for India by 2030. It has embarked on an aggressive exploration and production plan to get closer to its mandate.