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UK: OGA's new Decommissioning Strategy calls for industry change to prevent higher decommissioning costs

UK: OGA’s new Decommissioning Strategy calls for industry change to prevent higher decommissioning costs
10 May 2021
Decommissioning Strategy stressing that the market could face higher decommissioning costs if action is not taken to improve commercial practices.
The Strategy explains that there is instability in the UK decommissioning market due to fragmented ownership and fluctuations in commodity prices. Because of this instability, there is a risk of decommissioning becoming more costly to the operators, and thus to the Exchequer. If the development of a cost-efficient market is inhibited, opportunities for exporting UK expertise could also be missed.
The priorities outlined in the Strategy which could help foster a competitive and sustainable market include: ....

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Afternoon Coffee: Apple suppliers and forced labor; etc.

Adobe Stock
Agility is top of mind for procurement leaders. In order to address the key statistics and trends of agility in procurement, Spend Matters is hosting a webinar in partnership with the consulting specialists at Deloitte and the business spend management solution provider Coupa.
The webinar will address three critical issues that procurement leaders are grappling with right now:
Value generation and improved supply chain resiliency in the face of unheralded complexity
Improving process agility to stay tightly aligned with stakeholders and suppliers
Leveraging next-generation operating models and platforms that harness talent and intelligence
Coupa’s Chief Procurement Officer Michael van Keulen and Deloitte’s Managing Director Max Goralnick will take a closer look at the trends, challenges and opportunities that the recent Deloitte 2021 Global CPO Survey revealed about agility in businesses. Spend Matters’ Chief Research Officer Pi ....

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Why agility is critical to optimizing your business spend and outcomes

Pixabay
Next month, on Thursday May 13, Spend Matters will host a webinar (more information here) with multinational professional services organization Deloitte and global business spend management solutions provider Coupa on three critical issues that procurement leaders are grappling with right now:
Value generation and improved supply chain resiliency in the face of unheralded complexity
Improving process agility to stay tightly aligned with stakeholders and suppliers
Leveraging next-generation operating models and platforms that harness talent and intelligence
You are probably wondering how we arrived at this shortlist out of the so many concerns that businesses face during this year of more unknowns and uncertainties. ....

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Take the pulse of the HR industry with the HR Industry Benchmark Report

Source: Unsplash.
Do you know how long it takes to fill a vacant role in your organisation, and what that hiring process costs? Do you know what your people-related challenges are for the next 12 months and how these will be overcome? What skills will you need to ensure your organisation shifts from ‘survive’ to ‘thrive’? The answers to these questions and many more can be found in ELMO Software’s 2021 HR Industry Benchmark Report.
In September 2020, ELMO partnered with the Australian Human Resources Institute (AHRI) to survey the HR profession about their challenges and current practices across every element of talent management from hire to retire. ....

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Custom integrations 'costing firms $3.5m in labour'

DUBAI, 12 days
ago
IT teams are spending over a third of their time on integration projects, and custom integrations are costing large enterprises on average $3.5 million each in annual labour, a report said.
As digital initiatives accelerate, integration has emerged as a critical factor in determining the success and speed of digital transformation across industries, added the 2021 Connectivity Benchmark Report by MuleSoft, a leading provider of the world’s #1 integration and API platform.
“Organizations across industries have experienced a rapid shift toward interacting with customers and employees through digital channels,” said Brent Hayward, CEO, MuleSoft. “Although most organizations are prioritizing digital initiatives, such as launching an e-commerce platform or increasing worker productivity, the research shows that data silos continue to hinder their capabilities to deliver on these key initiatives. Companies that empower their IT and busine ....

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