Essar Oil – Growth in complex environment

Essar Oil
Growth in complex environment
Essar Oil

Oil and Gas (Refinery and Retail)

Essar Oil operates a fully integrated, international oil company. Focus areas include exploration, and refining interests on three continents. In the first half of FY 2012-13, its leadership was concerned with two trends which could significantly impact the company’s prospects: International crude price volatility and Increasing internal complexity.
Among other actions, Essar Oil decided to equip its middle and senior management with the tools to handle these challenges. These tools helped them grow (and manage the growth) using practices like inclusive, cross-functional decision making, revenue-driven operational planning and efficient resource utilization.

enParadigm’s business simulation worked with Essar Oil’s leadership team to design and deliver a learning intervention to its senior managers handling critical responsibilities across multiple functions.

“Earlier, I did not understand why they rejected certain projects, but now I am able to work with them in making the right decisions.”
“The profit margins on domestic dispatch are higher than export, so I now see to it that they are done on priority.”