Value-Based Leadership Program Helps O&G Independent Regain Stature
A once well-regarded large independent was losing its stature. Wall Street’s expectations for the industry had changed, and investors now rewarded only profitable growth and would not tolerate value destruction. For this company, the change triggered five years of stagnant share price relative to its peers. Corporate leaders had tried many approaches to address the problems – without much success.
The company retained SDG to introduce Value-Based Leadership –- a sweeping, multi-year program to diagnose, prioritize, and solve the biggest strategy, change, and operational improvement challenges and opportunities the organization faced in its quest to create shareholder value.
The program evaluated and modified corporate strategy, key business unit strategies, governance models, value metrics, and organizational policies and procedures. In addition, it involved a pervasive shift in mindset to focus on shareholder value and the unique business drivers for its creation at the business unit level.
The program was extremely well received by the organization, and the company has begun to receive early recognition from Wall Street as well.