Working Together as a Leadership Team in a Downturn - part 2
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This document summarizes a presentation given by Marty Kunz, VP of HR at C&J Energy, about how HR and operations can work together during an economic downturn in the oil and gas industry. Kunz discusses three key areas of focus: 1) using downtime to strengthen training programs, 2) evaluating talent and career development opportunities, and 3) potentially "upgrading" staff by taking advantage of available talent in the current market. The full presentation provides additional context about C&J Energy, its history and services, and emphasizes how downturns can create opportunities to invest in employees and prepare for future growth.
Working Together as a Leadership Team in a Downturn - part 2
- 1. WORKING TOGETHER AS A LEADERSHIP TEAM IN A DOWNTURN: HR, OPERATIONAL AND BUSINESS PERSPECTIVES Moderator: Brad MacLean Industry Culture Consultant, NOVA Cultural Improvement Ray Gonzales VP of HR, Continental Resources Marty Kunz VP of HR, C&J Energy James Tastard VP of HR, Freeport LNG Luis Jimenez HR and Total Rewards Executive GENERAL SESSION STRATEGIES & OPPORTUNITIES: MANAGING IN A TURBULENT OIL & GAS WORLD
- 2. C&J Energy Services, Ltd. Marty J. Kunz, SPHR Vice President, Human Resources Working Together as a Leadership Team in a Downturn: HR and Operations April 2, 2015 © C&J Energy Services, Ltd. 2015
- 3. Who is C&J? 3© C&J Energy Services, Ltd. 2015
- 4. Introduced Coiled Tubing Services in Robstown, Texas Initial Public Offering on NYSE Acquired Total Equipment And Services in Granbury, Texas Corporate Office Moved to Houston, Texas Josh Comstock Founded C&J in Robstown, Texas 1999 2007 2012 1997 2002 2011 2014 International Expansion into Middle East; Opening of New R&T Center in Houston, Texas 2013 4 Our History Introduced Stand-alone Pumping Services Introduced Fracturing Services: Robstown, Texas Introduced Wireline with Acquisition of Casedhole Solutions Opening of New Corporate Office C&J Integration with Nabors © C&J Energy Services, Ltd. 2015 2015
- 5. 5© C&J Energy Services, Ltd. 2015 Financial Growth - Revenues 2010 2011 2012 2013 2014 $244 Million $758 Million $1.1 Billion $1.0 Billion $1.6 Billion
- 6. © C&J Energy Services, Inc. 2014 6© C&J Energy Services, Ltd. 2015© C&J Energy Services, Inc. 2014 6© C&J Energy Services, Ltd. 2015 Where We Operate
- 7. Services We Provide During the Life of the Well 7 Directional Services Cementing Fracturing Coiled Tubing Casedhole Solutions Rig Services Fluids Management Special Services © C&J Energy Services, Ltd. 2015
- 8. 8© C&J Energy Services, Ltd. 2015 Working Together: Human Resources and Operations
- 9. Three Areas of Focus • Training • Career Development • “Upgrading Staff” © C&J Energy Services, Inc. 2014
- 10. Training • During “busy times” in the oil patch, the focus is on “getting the job done” for the client, and adding staff as needed • Training often is put on the “back burner” • During a downturn, there is more time available to complete needed training © C&J Energy Services, Inc. 2014
- 11. Career Development • In addition to training, downturns allow both Operations and HR to evaluate talent, and focus on the development of that talent • Reevaluate career paths and/or “reset” paths for others • Time for reflection and focus on bench strength • Succession Planning – Get ready for the next “boom” © C&J Energy Services, Inc. 2014
- 12. “Upgrade” Staff • During a “boom”, the bar is sometimes lowered • With layoffs, available talent is out there in the marketplace • Even employees that are still employed may, for the first time, consider a “change” © C&J Energy Services, Inc. 2014
- 13. © C&J Energy Services, Ltd. 2015 Thank You! cjenergy.com 13