Oil Industry

Industry

Industry Agenda
Where ABeam Stands Out
Services Provided

Contributing to a sustainable "future of energy" by improving corporate value

Rising geopolitical risks has made the future of global energy-related affairs unclear. It is becoming increasingly important for oil companies to secure safe and stable energy supplies. Companies are also taking on the challenge of building a future energy society to fulfil the country’s 2050 carbon neutrality declaration for a low-carbon circular economy. The foundations of management transformation required to build a sustainable future lie in strategic and continuous personnel development across the organization and formation of the right corporate culture.

ABeam Consulting is ready to work with oil companies on the challenge of becoming “sustainable, general energy companies.” We support the transformation of oil companies by formulating, implementing, and solidifying roadmaps for DX and transition to smart technology. ABeam Consulting provides strategy and implementation support and assists personnel development for making a shift in the business model.

Industry Agenda

Maximizing impact by driving DX and transitioning to smart technologies for stable and secure plant operations

Oil companies have an extremely challenging mission. They must provide products in a way that maintains stability and competitiveness while operating in a complex and rapidly changing environment. They must deal with growing implementation of renewable energy and combination and reorganization of conventional plants. Companies in Japan and abroad are becoming increasingly interested to invest in digital transformation and smart technology for both renewable energy plants and conventional plants.

However, as there are many DX and smart tech transition case studies and solutions available, reckless investment is inadvisable. Companies need to maximize their investments by devising optimal roadmaps for their own firms and plants.

They must drill down to find the DX and smart tech transition policies that they truly need. This should be based on a comprehensive understanding of the operational details, risks and challenges associated with domains such as production management, operations, maintenance, safety and environment. The optimal solution is in implementing the highest impact measures after conducting a proper risk assessment.

Shifting to a “sustainable general energy company” through next-generation energy and sustainability management

“Adapting to low-carbon and circular economy-based society” has become a key theme for modern oil companies seeking sustainability and long-term growth. To achieve this, they must transform their business portfolios in ways that go beyond existing frameworks.

Companies must move forward with their energy transition. They must invest in and develop green energy technology including renewables and hydrogen energy, without being beholden to their legacy fuel oil businesses.

To evolve the oil business to occupy a new position in the economy, oil companies must transform themselves into “new general energy companies,” which goes beyond being energy suppliers to providing a broad range of energy solutions. These general energy companies can expect to grow as they attain the flexibility and creativity needed to meet future energy demands.

Adapting to changing times and achieving effective human capital management

Oil companies are entering a period of immense change. Society has significant expectations that they will maintain a stable supply of energy while achieving an energy transition that escapes dependence on fossil fuels. This transformation requires quality human capital, and many companies are implementing organizational and personnel initiatives to secure these future workers.

Setting KPIs to support company value improvement and coming up with proposals that will tie in with those KPIs is essential. Defining business materiality (key challenges) based on how to partner with the business is also crucial to advancing optimal human capital management.

Companies must implement measures to develop personnel who can lead transformations. This includes organizing personnel challenges in the business, formulating personnel strategies that work with the business, designing initiatives based on the company’s strategy, digitalizing employee behavioral and psychological data, and developing DX personnel.

Where ABeam Stands Out

Co-creating new businesses that go beyond the boundaries of industries and departments

Understanding the market, demonstrating leadership, having flexibility, using digital technology, and building collaborative relationships are key to creating new businesses. Abeam Consulting works with clients to achieve “co-creation” that can break down barriers between departments, sectors, and industries.
Operational transformation capacity to take a holistic view of businesses and operations and achieve clients’ visions for their organizations

Abeam Consulting provides broad-ranging operational transformation support to clients based on a keen understanding of their businesses that does not end with simply implementing new systems. Based in a holistic understanding of its clients’ businesses and operations, Abeam Consulting helps re-evaluate operational processes, select and implement necessary systems and solidify those systems within organizations through continuous improvement.
Solving business challenges with data

ABeam Consulting creates environments that allow companies build platforms for centrally managing real-time data dispersed through their organizations and making flexible use of such data. ABeam Consulting fixes data siloing and promotes collaboration across organizations. This helps clients put in place data-driven management that can make decisions and quickly resolve business challenges.

Services Provided

ABeam Consulting works with clients to achieve a sustainable society. We offer a wide range of services to help clients achieve “new business creation,” “sustainability management” and “data-driven management.”