“The energy sector has reached a pivotal moment, with companies having to adapt and evolve while contending with challenging external forces. As specialists in complex transformation, Berkeley is uniquely able to help energy businesses to identify the changes they need to make, and manage and embed the change to ensure successful outcomes now and in the future.”
Simon CloseContact Simon
There has never been more uncertainty and upheaval in the energy sector, driven by complex geo-political and climate factors. Oil and gas companies are responding to the energy crisis, climate change, and the green energy transition.
The level of investment and change in workforce skills required to switch to green operations is considerable. While current fossil fuel operations remain profitable, and the return on investment in renewables can be decades away, companies may find too little incentive for change – and too much risk.
But geopolitical instability continues to impact global infrastructure and supply, and the graduating workforce is not keen to work with traditional oil and gas companies. A successful strategy for the long-term will require a significant degree of transformation and adaptation.
The utilities side of the sector is facing no lesser a set of challenges, with rising operating costs forcing smaller companies out of the market, increasing regulations, and volatile energy markets. Concern is also growing over the impact of the energy crisis on consumers, including the most vulnerable in society.
Across the industry, companies are having to find new ways to improve operational efficiency, manage risks, and maintain commercial viability. Organisations are undergoing constant change to ensure they can evolve and overcome the challenges they face, including pivoting their workforce and seeking to attract new talent into skillsets and roles that didn’t even exist a mere ten years ago.
With our deep expertise in complex transformation consulting, Berkeley is uniquely positioned to help.
When your challenges are immediate, you need an immediate-term strategy. Our energy sector consultants can help you rapidly articulate such a business strategy, enabling both large and small companies not just to survive but to thrive.
We can also partner with you to develop longer term business strategies, as well as assess existing plans and provide independent assurance that they are fit for purpose.
Major established companies are having to fundamentally transform their businesses, particularly in oil and gas, while emerging companies, such as renewables businesses, are seeking to scale up and grow.
Our consultants can help at every stage of operational transition, from target operating model design, change management, to merger and acquisition (M&A) activity, including operational due diligence. As with our strategy work, we can also provide independent assurance that your transition plans are set up for success.
Our data and analytics consultants can help energy sector companies get more out of their data. We can help you implement the right data strategy and technology capability to deliver cost savings, and drive better business value. This can range from assessing the health of assets, and boosting their efficiency, to improving the experience for customers.
Our extensive cross-sector experience means that our consultants can provide imaginative, tailored solutions that will fit the unique demands of your organisation. By combining deep transformation expertise with energy sector knowledge – partnering with you every step of the way – we can help your company to navigate the challenge of complex change to achieve future ambitions.
ESG and sustainability transformation
Apart from their broad understanding of and experience in such projects, the real differentiator is that they integrate seamlessly and rapidly into our team and find a way to combine the best from all. This was another great example of a true collaborative experience with Berkeley, with the result that we were confident to make a major shift in strategy in difficult circumstances.
COO Global Gas Trading, an energy company
How do we fundamentally transform our energy business to meet today’s climate challenge?
How do we restructure our energy business and embed the change?
How do I know my new operating model is working for my energy business?
How do I reset stakeholder expectations around our market performance?
How do I adapt my employee offering to attract the best energy sector talent?
How do I establish a sustainable talent management strategy in a rapidly changing energy sector skills market?
How do I contend with increasing energy sector regulations while also trying to transform my business?
How do I gain assurance my change programmes will deliver as intended?
How do I optimise my portfolio of change, balancing investment and outcomes?
Making an impact for our clients and turning their ambitions into real results