Prematurely of the Gulf Downstream Affiliation’s (GDA) Digital Convention “TRANSFORM”, Raj Jhajharia, technical supervisor and appearing advertising & communications supervisor, GDA discusses the function of the affiliation and provides a flavour of among the themes of the occasion
What was the rationale behind the formation of the GDA, and the way is it going to grasp its aspirations?
A few of the Nationwide Oil Firms (NOCs) within the GCC realised that every considered one of them had a wealth of data and expertise, which was at the moment scattered amongst main gamers of the downstream trade within the Gulf international locations. This realisation led to the formation of the Gulf Downstream Affiliation (GDA) in 2016 with the distinctive imaginative and prescient of changing into a “frequent voice” and a “level of reference” for all Gulf downstream gamers – refining and advertising corporations, EPC contractors, know-how suppliers, consultants and different service suppliers, buyers, governmental companies, non-profit associations, academia and retirees.
Our founding and different members have supplied their material specialists (SMEs) to kind 10 technical committees below the GDA protecting all points of downstream trade. These committees are commonly assembly to share data and expertise, collaborate and work on mutual aims and pursuits for the trade advantages.
GDA affords a variety of modern and interactive platforms, together with a singular data hub to create a typical pool of finest practices, case research, classes discovered, dialogue board, topic-focused trainings, distinctive challenges, modern concepts, centered options and entry to related world sources in addition to internet hosting / main conferences, seminars and workshops.
GDA is consistently exploring newer skies to assist maintain and develop the downstream trade.
What measures ought to corporations put in place to develop future leaders?
It’ll rely on what would be the future enterprise atmosphere and how much workforce we’d have. In view of the dynamic adjustments occurring at lightning velocity, it’s virtually unimaginable to foretell the long run. Nonetheless, we’re sure that the long run enterprise atmosphere might be pushed by fixed adjustments in shopper calls for & behaviours, product costs, environmental issues, applied sciences, feed-stock provide, competing hydrocarbon power sources, and so forth. Equally, the long run workforce might be principally younger, tech savvy, extra autonomous, much less centered, co-existing with bots and robots, and in search of higher happiness and fulfilment at work.
Future leaders must inhabit this eco-system. Subsequently, moreover experience within the core enterprise, they have to possess adaptability; agility; empathy; and sharper intuitiveness. They need to be like a climate forecaster who can sense the change earlier than it arrives. They should have a really excessive diploma of bodily and emotional resilience. They need to have the ability to join inside their very own self as a way to join deeply with the workforce. Collaboration would be the key for achievement. Future leaders must consistently collaborate with the workforce and capitalise on the data gained by means of digitalisation. They need to have the ability to encourage the workforce with their imaginative and prescient and convey about painless transformation at a speedy tempo, as and when required.
Firms can set up in-house management centres, the place future leaders are moulded to inherit the above attributes. They’ll put in place techniques to determine potential leaders exhibiting early indicators of such attributes from the prevailing workforce and groom them to be the long run leaders. They need to create an eco-system the place such leaders can rise and thrive.
How vital is it for the downstream trade to embrace disruptive and new digital applied sciences?
Adapting new digital applied sciences is now not an choice for the downstream trade. Luckily, the oil trade has at all times been on the forefront of adapting new applied sciences ever because it began. Whether or not accumulating and deciphering geological/geophysical knowledge from subsurface buildings or simulating underground oil reservoirs into complicated mathematical fashions or working vegetation by means of distant sensors and controls, this trade has at all times been looking out for the methods to boost its operational effectivity and enterprise worth.
Digitalisation is the brand new buzz phrase which means various things to completely different individuals. For me, digitalisation is using digital instruments along side associated enterprise processes to attain tangible enterprise values. This side of the brand new applied sciences has immense potential for the downstream trade, the place immediate selections are taken based mostly on consistently altering huge knowledge.
AI techniques can vastly increase human intelligence to take higher selections. Information is the gasoline of recent digital applied sciences. It’s essential to make sure accuracy and completeness of the information coming into such techniques.
Downstream trade can achieve many enterprise advantages from digitalisation, corresponding to: actual time optimisation of various merchandise (center distillates) consistent with altering market calls for, superior predictive upkeep to optimise value and improve gear life, superior operator consoles to take preventive actions and higher handle the operations, and 3D/VR based mostly operator coaching simulators to coach operators in a life-like and secure working atmosphere.
GDA’s Digitalisation Technical Committee is at the moment growing a digitalisation framework based mostly on one of the best attributes of various frameworks amongst completely different founding corporations. Such a framework will vastly profit the downstream trade quickly.
What do you hope the GDA Digital Convention “TRANSFORM” will obtain?
GDA’s TRANSFORM occasion is designed and executed by the efforts of its two technical committees: “Management & Folks Growth” and “Venture Administration”. We hope to showcase their energy and convey about consciousness on the brand new methods and realities in these areas for the brand new world post-pandemic. We additionally hope to unfold the notice of GDA’s worth addition to the trade and its gamers. And we want to ship out a robust message that, regardless of the pandemic which has paralysed all bodily conferences and actions, GDA continues to serve its members within the digital house at a fair higher tempo and with higher values.
The GDA Digital Convention, “The Evolving Way forward for Management and Venture Administration”, takes place on 22-23 February from 13:00-16:50 (Bahrain time zone).
For a full convention agenda, please go to: https://www.gdaconference.org/transform-gda-virtual-programme-bahrain-time-zone
Attendance is free. Register here