In an era where adaptability and innovation are paramount, the energy sector faces a unique set of challenges. From fluctuating market conditions to evolving environmental regulations, companies in this industry must continually refine their business operations to thrive.
One such area ripe for transformation is workplace planning and strategy. As the energy industry grapples with the imperative to reduce costs, enhance productivity, and prioritize sustainability, adapting the workplace becomes not just a desirable option, but a strategic necessity.
What are some of the most crucial workplace planning issues energy companies are contending with right now?
Drawing employees into the office while maintaining flexible policies
Like other industries, the energy sector experienced the shift to remote work during the pandemic and the ensuing return to office. Work models and cultures vary across companies. But for those adopting hybrid models or requiring five days a week in the office, creating work environments that attract employees is an ongoing challenge. Whether it’s alternative work settings or policy solutions that are needed to keep employees engaged, energy companies continue to weigh many factors as they find the right balance for their cultures, people, and operations.
Adapting workplace strategy to materially contribute towards realizing Net Zero goals
In a complex sector undergoing structural changes, where a wide variety of stakeholders have different priorities, energy companies must consider all areas of their operations when working to improve their environmental, social, and governance (ESG) profiles. Real estate strategy and workplace policy continue to play powerful roles in realizing ESG goals.
From retrofitting workplaces for electrification and energy efficiency, to initiatives that reduce the emissions from employee mobility, avoid waste, or provide local, seasonal foods in canteens, the workplace provides a multitude of options for energy companies pursuing decarbonization or Net Zero strategies. Further options for meeting Net Zero include sustainable decommissioning of existing offices and specification of loose and fitted or re-used furniture that is low-impact, adaptable and repairable. The size and business objectives of each energy company will greatly impact what measures are prioritized. But now more than ever, energy professionals want to work for firms that are having a positive impact.
Competing for new types of talent (e.g. data scientists)
As business operations become more sophisticated with new techniques and technologies, and the industry moves toward renewable energy, energy companies are increasingly seeking new kinds of talent. From data scientists and AI specialists to carbon capture and storage (CCS) experts, a wide variety of expertise is in demand. The energy workplace must adapt to the needs of these new and evolving skill sets with the appropriate space, tools, and technologies, along with an overall work environment that is competitive in attracting and retaining such professionals.
Training and upskilling to address the renewable energy transition
Just as energy companies must attract new talent, they must also train and upskill existing employees to meet the demands of the transition to renewables. Accordingly, work environments that offer the appropriate training space and technologies will ease the transition for companies that invest in them. To complement these work environments, adopting policies of mentorship and support for individualized career paths will help entry- and mid-level talent thrive.
Implementing spaces for innovation and to accelerate product development
Like any technology firm or incubator, energy companies must cultivate space that supports innovation and collaboration. For top-tier talent to work together seamlessly, accelerate product development, and solve problems creatively, offices must include spaces where teams can share knowledge and exchange ideas in an accessible way. By carefully considering workflow and business objectives, energy companies can strategically plan spaces that support the multi-faceted processes of ideation and innovation.
Committing to continuous experimentation and evolving work practices
The energy sector will continue to evolve in the face of a worldwide transition to renewable energy. Committing to explore new policies and work practices will give an edge to those companies needing to remain competitive and industry-leading.
Currently, many energy companies are looking for ways to enhance the employee experience while on site. As many of these organizations are siloed, improving communication across business teams will be necessary to reach consensus on what that looks like. Approaching workplace changes in a deliberate and thoughtful way – ideally using proven change management practices to gather valuable feedback and data – will help energy businesses adopt measures that enable growth and support a positive culture.
Nurturing Innovation while Helping Employees Thrive
The energy sector faces significant shifts in the decades ahead. To best support an evolving workforce and meet sustainability goals, embracing smart and adaptable workplace strategies is the way forward. By utilizing thoughtful planning and committing to continuous improvement, the industry can stay nimble and ensure a rewarding experience for all employees.