PUMA NEW WAYS OF WORKING - Post covid 19 - recovery & transformation - Puma Energy

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PUMA NEW WAYS OF WORKING - Post covid 19 - recovery & transformation - Puma Energy
PUMA NEW
WAYS OF WORKING
Post covid 19 – recovery & transformation
PUMA NEW WAYS OF WORKING - Post covid 19 - recovery & transformation - Puma Energy
PUMA ENERGY

                                                            CONTENTS
                                           1 Post COVID-19: Introduction and Context.............................................2

                                     2 Ways of Working: Future Trends...............................................................4

                               3 Our Research & Findings: Project Howard & Survey......................7

                         4 New Ways of Working Impact: Real Estate........................................11

                   5 New Ways of Working Impact: Productivity, Technology............14

           6 New
                 Ways of Working Impact: People ................................................16
           People are Key: Well-being ......................................................................20
          People are Key: People Managers...........................................................22
        People are Key: Productivity and Efficiency......................................24

7 C
   onclusions and Recommendations.....................................................26

                                1 PUMA ENERGY NEW WAYS OF WORKING
PUMA NEW WAYS OF WORKING - Post covid 19 - recovery & transformation - Puma Energy
PUMA ENERGY

POST COVID-19:
Introduction and Context

With the advent of Puma’s new CEO in               This, in turn, ensures competitive advantage
January 2019, the Puma executive committee         and catalysts for a successful business
crafted the 5-year business strategy,              strategy execution.
clarifying Puma’s purpose and redefining
our core values.                                   The purpose of this white paper is to explore
                                                   how these factors impact Puma Energy and
The COVID-19 pandemic has disrupted                our current status quo and to adequately
business dynamics and accelerated changes          provide data-driven recommendations on
in various aspects, thus calling for a proactive   how we should respond as a business to new
response and current review of the work            business requirements.
environment, including location, style, and
organisational culture.

OUR PROPOSAL:
Accelerating Our Strategy For
Remote Working

The economic impact of COVID-19 has been           By putting intentional strategies in place,
dramatic and created challenges for the            we will be able to effectively guide Puma
energy industry. However, the Pandemic             Energy’s digital transformation into 2023
has created potential opportunities too,           and beyond.
not least by accelerating change in the way
many of us work including: how we work,            As we take steps towards ensuring sufficient
where we work, our style of work and               training, focusing on the well-being of
organisational culture.                            employees, and establishing adequate
                                                   infrastructural support, we can capitalise on
The rapid transition has been difficult and        the momentum created by COVID-19 and
has presented numerous challenges, but             fine-tune the remote working strategies that
this acceleration of our remote working            we originally envisioned.
approach has also brought about several
advantages, including cost savings and
increased productivity.

                                          2 PUMA ENERGY NEW WAYS OF WORKING
PUMA NEW WAYS OF WORKING - Post covid 19 - recovery & transformation - Puma Energy
PUMA ENERGY

VISION, MISSION &
PURPOSE
Our Vision:
Attract best talent . Provide great colleagues
experience . Ensure productive colleagues .
Look after colleagues wellbeing.

Our Mission: …Energising Results

The Benefits of Remote Working

Research indicates the future workplace will
be to a large extent virtual/flexible and there
are numerous benefits of flexible working.
By giving employees the flexibility to work
from anywhere, talent retention increases
since workers benefit from a better work-life
balance. It also means we will have access to
a wider pool of applicants and can attract
highly-skilled candidates.
Productivity also increases when employees
no longer have to contend with a noisy office
environment or the stress of commuting.
Their travel costs also decrease, which in turn
results in a happier and more motivated
workforce.
Fixed office costs also decrease, and
less investment is required for leasing
office space.

                                          3 PUMA ENERGY NEW WAYS OF WORKING
PUMA NEW WAYS OF WORKING - Post covid 19 - recovery & transformation - Puma Energy
PUMA ENERGY

  2              NEW WAYS
                 OF WORKING
4 PUMA ENERGY NEW WAYS OF WORKING
PUMA NEW WAYS OF WORKING - Post covid 19 - recovery & transformation - Puma Energy
PUMA ENERGY

NEW WAYS OF WORKING:
OUR 3PS FRAMEWORK
To adequately respond to new business
requirements, the following key factors must
be considered: the future of work implications
on our real estate, technology, travels,
organisational culture, people, performance,
and productivity, among others.
                                                        Fig. 1

Immediate experience with COVID-19
has demonstrated a large shift to virtual
meetings and day-to-day procedures, which
brings us to the question of the extent to
which we will permit remote working. This
modality shall be evaluated in terms of
organisational benefit, required infrastructural                                                   Platform
support, and demonstrated workforce                              Productivity
productivity.
                                                                                  New ways
Our 3Ps framework (Fig. 1) shows the                                              of working
clustering of the key impact areas listed
above and forms a basis for our
recommended organisational response
to the future working modalities.
We developed a 3Ps framework that shows
the clustering of the key impact areas for
flexible working and forms a basis for our                                      People & Culture
recommended organisational response.

  Platform                                  Productivity                           People & Culture
  (Technoffice)                             •R  edefining Workplace               The way we engage with
                                               efficiency                          each other.
  •   Real Estate View
                                            • How do we measure                   • People impact
  •   Technology                               productivity, performance
  •   Related Policies                                                             • People Managers
                                               in remote working
  •   Travel                                                                       • Culture
                                            • Policies

                                            5 PUMA ENERGY NEW WAYS OF WORKING
PUMA NEW WAYS OF WORKING - Post covid 19 - recovery & transformation - Puma Energy
PUMA ENERGY

CONSIDERATIONS FOR
REMOTE VS ON-SITE WORK                                                                                       Desirable outcome     Cost

                                                                                    Access     Real estate   Colleagues    Colleagues
                                                                                   to talent          cost   Experience   Productivity

 Almost             Limited remote            Company leaders and
 entirely on        work, large HQ            employees are centralized
 premises                                     in 1-2 big principal offices

 Hybrid             Partially remote         Company leaders and most
 models             work, large HQ           employees spend majority,
                                             but not all, of their time in
                                             1 – 2 principal offices

                                              Multiple proportionate-size
                    Partially remote          offices with leadership
                    work, multiple hubs       and employees dispersed
                                              among all offices

                    Multiple microhubs        Leadership and employees
                                              dispersed across small-
                                              footprint “microhubs” located
                                              in various geographies

                    Partially remote          No permanent offices;
                    work, with flex           rented flex space used
                    space                     for periodic in-person
                                              collaboration (but not
                                              connectivity)

 Almost             Mostly remote
 entirely off       work, no office sites
 premises

  This is the model voted by the workgroup as most fit for Puma Energy into the nearest
  future. Implementation of which can have some variations to customise it further for us.

Adapted from McKinsey & Company

3Ps Implementation implications of our preference
  Platform                                        People                                        Productivity
  Office of the Future                            •L  eadership Attitude –                     •P  roductivity measured by
  • Create more interactive spaces                  Culture Shift / Change                        in output.
  • Create multi-functional                         towards inclusiveness,                     • Apply Tight – loose – Tight
     environment                                     fairness and creating a sense                 approach (tight on goal setting,
  • Intentionally design space                      of belonging for all colleagues               loose on process but by
      around activities                           • Performance measured on                       milestones & tight on result)
  Flexible work micro-hubs                           value creation. Continuous                 • On-board and train our
  • Provide a ‘flexible space’                      Improvement of Processes                      managers to understand by
     corporate membership                         • Well Being – Ensure balance                   objectives rather than tasks
     to employees                                    on working hours for both                     (Managers’ tool kit)
  • Consider our large Retail                       role driven and voluntary                  • Implement technology that
     stations or At the end of                       activities. Provision of worker               helps manage and track
     villages add ‘as Puma hubs’                     support (technology,                          process and progress especially
     our Retail Community Villages                   security etc.)                                in the commercial space

                                                 6 PUMA ENERGY NEW WAYS OF WORKING
PUMA NEW WAYS OF WORKING - Post covid 19 - recovery & transformation - Puma Energy
PUMA ENERGY

3         OUR RESEARCH
          & FINDINGS:
          Project Howard & Survey

7 PUMA ENERGY NEW WAYS OF WORKING
PUMA NEW WAYS OF WORKING - Post covid 19 - recovery & transformation - Puma Energy
PUMA ENERGY

THE IMPACT ON TRAVEL
To further understand the
potential on our real estate and
how our people might be working
going forward, we undertook the
project Howard.

HOWARD stands for HOME-WORK-HOME-
TRAVEL-DISTANCE
The objective of the project is to understand
the time and distance our colleagues travel
from home to office and back.
We used our Puma Mumbai office as a case
study. (Fig. 2) & (Fig. 3)

                                        8 PUMA ENERGY NEW WAYS OF WORKING
PUMA NEW WAYS OF WORKING - Post covid 19 - recovery & transformation - Puma Energy
PUMA ENERGY

Case study

PUMA MUMBAI OFFICE
Key facts                                                              Fig. 2

221
employees working at
                                 9, 407
                                 hours per month spent by all
Puma Energy Mumbai office.       employees in travelling from
                                 “home to office to home”

46
locations where the
                                 177, 370
                                 KMs travelled by employees
employees reside across          per month from home to
Mumbai (Fig. 2).                 office and back.

    Key Findings
    Every 2 months the total distance travelled by all         ollectively Employees would exclude USD 20K
                                                              C
    colleagues in our India office is equivalent to the       each month on travel cost if opted for work from
    distance from the Earth to Moon.                          a different location than our Mumbai office…
    The total time taken for all these colleagues to         …and would save 315 m3 Tons of CO2 per year.
     travel to work per year is equivalent to travelling
     53 times around the globe!                                ffice rental would save USD 650K per year
                                                              O
                                                              should we have rotational work program at
     very month the total travel hours for all India
    E                                                         30% less of current capacity (lease APR 2023)
    employees is equivalent to one year (8,760 hours).
     verage daily employee travel time of 2 hours
    A
    (116 minutes).

384 400km
Total distance travelled every
                                        182
                                        colleagues in 38 different roles
                                                                                8 out of 10
                                                                                would like to work remotely post
2 months                                in India could work remotely.           Covid-19… more than 2 days a week

                                          9 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

Employee Ways of Working
Survey – India Findings                                                        1,200
                                                                               colleagues in 165 jobs that can
In April 2020, while many of our colleagues were working                       work remotely.
remotely, we conducted a survey to find out how they are faring,
especially because some were new to working from home.

                                                                               25%-30%
The survey result for India shows that 8 out of 10 employees
would like to work remotely post COVID-19 more than 2 days per
week. This is in congruence with our estimate of what functions
can be working remotely in our Mumbai office (Fig. 3).                         of our global workforce could
                                                                               work remotely.
Extrapolating this globally (Fig.4), 15% to 25%-30% of our global
workforce could work remotely. This estimate has not taken into

                                                                               50+%
consideration the commercial functions that go out to engage
with customers and do not necessarily need to come to a Puma
office to do so.
                                                                               of our global support workforce
So, potentially, the percentage estimated could increase.                      could work remotely

Fig. 3

  221                    49                      38                       182                   82%
  employees in           Total jobs in the       Jobs are                 of our                of our
  the Mumbai             Mumbai office           independent              colleagues in         colleagues in
  office                                         and can work             India are in jobs     India are in jobs
                                                 remotely                 that could work       that could work
                                                                          remotely              remotely

Fig. 4

How Does This Apply to Puma
Energy at the Group Level?

  4,600                  371                     165                      1,200                 25%-30%
  employees              Total jobs              Jobs are                 of our                of our global
                                                 independent              colleagues            workforce could
                                                 and can work             could work            work remotely.
                                                 remotely                 remotely.

                                         10 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

4            NEW WAYS OF
             WORKING IMPACT:
             REAL ESTATE
11 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

NEW WAYS OF WORKING IMPACT:
REAL ESTATE
Research indicates the future workplace
will be to a large extent virtual/flexible and
there are numerous benefits of flexible
working.
By giving employees the flexibility to work from home, talent
retention increases since workers benefit from a better work-life
balance. It also means we will have access to a wider pool of
applicants and can attract highly-skilled candidates.
Productivity also increases when employees no longer have to
contend with a noisy office environment or the stress of
commuting. Their travel costs also decrease, which in turn
results in a happier and more motivated workforce.
Fixed office costs also decrease, and less investment is required
for leasing office space.

                                                                        Fig. 5
                                                                                   16
Puma global office footprint
                                                                              1                         32
To demonstrate how remote work can increase productivity and
lower costs, it’s beneficial to consider Puma’s global office
footprint.
We conducted internal research to gather data that has been
compiled from a variety of different sources – IT, Internal Audit,
Finance, P&C, and clarification discussions with country
management.
This analysis is the summary of the first consolidation of the
received data and their initial results. Further refinement is
required to obtain a comprehensive picture.                                                        65

Rent is typically 60 – 70% of total property cost.
The intent of this paper is to concentrate on the Head Office                 Head Office
portfolio to align with the rest of White Paper (Fig.5).                      Operational Office
                                                                              Training Centre
                                                                              Office

                                         12 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

Head Offices                                            Fig. 6

                                                        Office                                                    FTE
Of the 20 sites with some form of contract
(lease, licence or Trafigura agreement) the             Singapore                                                     27
most expensive by cost per employee are                 Geneva                                                        65
outlined (Fig. 6)
                                                        London                                                         9
• Some of these figures comes down when                Mozambique                                                    23
   hot desking allowance is factored in.
                                                        Uruguay                                                       23
• Work is already underway to look at                  Malawi                                                        20
   reducing the cost in Singapore.
                                                        Mumbai                                                    230
                                                        Namibia                                                       28
                                                        Ghana                                                         79

Leased Portfolios                                                      1070
                                                                                                             Number
There are six leases expiring in 2020/21.                 768
                                                                                                             Headcount

We should consider the impact of the new
                                                           11            16
flexible working to identify opportunities in
order to introduce further efficiencies.

                                                                                   103          92
                                                                                                                 0
                                                                                    2            2                1
                                                         Owned         Leased    Serviced   Trafigura full      To be
                                                                                  Office       service        confirmed

                                            13 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

5            NEW WAYS OF
             WORKING IMPACT:
             PRODUCTIVITY, TECHNOLOGY
14 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

NEW WAYS OF WORKING IMPACT:
PRODUCTIVITY
AND TECHNOLOGY
Technoffice – Some ideas to ensure wins for Puma Energy

Laptops and smartphone for all (same            DocuSign for all managers with signature
Operating System).                              rights.
No meetings on Wednesday morning (deep          Automatic content withdrawal from
dive work).                                     collaborative tool (subject line pulls links/
                                                emails from collaborative tool).
One collaboration tool for Puma Energy
(Jive, Slack, etc.).                            Block DND for an hour/day for each country/
                                                location in calendars entry (down time for
One online meeting tool more modern than
                                                deep work).
Skype (Zoom, Teams, etc.).
                                                CC emails into a separate mailbox.
30 min default meetings with online meeting
attachment (instead of adding the Skype         Take off the physical address from email
link).                                          signature and replace by time zone working
                                                hours.
Change Skype to a tool that has voice
recognition.                                    45min exercise SPORT e-Zone (Company to
                                                offer Yoga, Pilates, etc. online) per week for
Activate Windows Voice Recognition (for
                                                well-being.
vocal email messaging – similar to WeChat
in China).

                                        15 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

6            NEW WAYS OF
             WORKING IMPACT:
             PEOPLE
16 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

NEW WAYS OF WORKING IMPACT:
PURPOSE
AND CULTURE
Puma embarked on a new journey of
change management in early 2019, when
the CEO and her executive committee
crafted a new set of values and realigned
the company’s objectives.

This journey involves opening clear communication        Although this journey was unexpectedly interrupted
lines with employees using different methods, such       by the COVID-19 pandemic, Puma continues its regular
as town halls and regular updates.                       communication by displaying COVID-19 status
                                                         updates, how global teams have been managing
These methods advocate transparency and two-way
                                                         through the crisis, as well as sharing the personal lives
communication structures that provide avenues to
                                                         of the Excom.
vent frustrations, applaud what is working, and
seamlessly change what doesn’t work.                     Furthermore, Puma has committed to helping the
                                                         external public, such as the healthcare industry,
Puma also revamped its reward structure (Puma
                                                         government, and many charities to provide PPE,
award) to recognise the success of the teams and
                                                         fuel, and food. Today, many right choices come at
individuals involved. In managing change, such action
                                                         a high price
helps in the adoption of both the change management
process as well as the adoption of the change itself.

                                       17 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

Current State versus the
Future State
An abrupt shift
COVID-19 isolation measures in particular             Social disconnections (Research in Hong
have abruptly changed ways of working.                Kong post 2003 SARS outbreak)
The shift to remote working is cause for              Research in Hong Kong after the 2003 SARS
significant anxiety among the workforce.              outbreak found that increased social
We embrace a culture receptive to change              connectedness offset the negative mental
that recognizes the new challenges                    health impacts of the pandemic. For many
employees are facing, encourages them to              people, connection with colleagues can
take the initiative, and do things differently        provide an important buffer to their feelings
and more effectively.                                 of social disconnection.

Workplace Culture vs Homeplace Culture                Puma Energizer
As we make a shift from the Workplace                 There’s need to encourage colleagues to stay
Culture (which is made up of factors such             regularly connected via virtual platforms.
as company philosophies and policies) to a            Puma has displayed some great content via
Home Culture which is online and made up              the Puma Energizer providing relevant
of interactive online collaborative tools,            updates and tips on how employees can stay
people need to embrace a mindset change.              connected with colleagues.

Puma Employees Ways of Working                        GEMS Program
Survey Findings                                       Also, to continue to boost colleagues
Through the Puma Employees Ways of                    confidence, engagement and motivation,
Working Survey, we discovered that the shift          Puma introduced the GEMS program – a
to remote working post Covid is welcomed              recognition for those going the extra mile.
by 79% of Puma colleagues.                            This shows that we are moving in the right
                                                      direction.
29% of the respondents acknowledged being
emotionally distressed. Puma Energy has put
in place support services for employees
during the Covid period. The survey shows
close to 75% of colleagues are aware of
theses services but only 10 % of colleagues
had utilized. The utilization is quite low and
supports the need to ensure we embed a
strong People and Culture focus for the rest
of 2020 and going forward.
Balancing business commitments with
increased domestic issues (Accenture)
Many large consulting firms such as
Accenture alluded that the biggest challenge
is that life has become more infinitely
stressed. Puma colleagues are also juggling
business commitments with increased
domestic issues associated with Covid-19.

                                           18 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

 Achieving Business Results
 by doing
 While Puma is doing a lot with respect          More attractive Employer Value Proposition
 to strengthening a culture that drives          helps reduce number of bad hires:
 performance, competitive edge and
                                                 Cost of bad hire: Estimate cost of 130% of an
 employee wellness, we need to amplify the
                                                 employee’s yearly salary
 implementation of a Culture and Change
 portfolio to avoid “Black Swan” events and      At Puma Energy: 125 employees left in 2019
 ensure sustainability.                          (Non-regrettable loss, represent circa USD
                                                 5.2m in 2019)
 An important step will be to have Change
 agents deployed mainly within middle            With proper Culture and Change structures
 management level who hold the most power        we can reduce attrition by retaining our high
 in delivering communication, ensuring the       performers, reduce financial loss, improve
 well being and are on ground to experience /    colleague’s morale and our brand, as well as,
 deliver change initiatives.                     our overall organisational effectiveness.
 Properly managing change and adequately         Other Change and Culture impacts are often
 carrying our people along will increase         felt over time through survey feedback,
 colleague’s motivation, ambition and            internal projects and workshops, thus
 consequently improve our organizational         ensuring a healthy and productive workforce.
 culture. It will also add to our Employee
 Value Proposition.                              Conclusively, as the company moves into its
                                                 Recovery phase, this will be an ideal time to
 The Change and Culture portfolio can be         further enhance the great work the
 leveraged to ensure a gradual transition        Leadership teams have done and we can
 on a global platform post-Covid while           start to deploy the right EVP, Change and
 simultaneously measuring impact through         Culture resources / projects.
 analytics.

Reduce bad hires                                 Ensuring a healthy and
Cost of bad hire: Estimate cost of 130% of
an employee’s yearly salary
                                                 productive workforce
                                                 Survey feedback
                                                 Internal projects
Reduce attrition                                 Workshops
Retaining our high performers
Reduce financial loss
Improve morale
                                                 Moving to the Recovery phase
                                                 Deploy EVP
                                                 Change and culture projects

                                         19 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

NEW WAYS OF WORKING:
WELL-BEING
People are worried about the well-being issues
presented by the escalating COVID-19 pandemic.
Above all, the crisis brings potentially lethal
physical health consequences for our workforces.
But its mental health implications – stress, fear,
and uncertainty – can be equally devastating
(Ernst & Young, 2020).

Mental health issues are a cost to business
and should be considered in alignment with                                   Fig. 8
business goals and productivity (MHAW,
2020). Fig 7. shows the mental health
continuum and its impact on productivity,
while Fig 8. shows the impact of COVID-19
on the continuum (MHAW, 2020).
                                                                                      31%
                                                                                      Reported that their sleep
                                                                                      is adversely affected

Fig. 7
                                                                                      66%
                                                                                      Are experiencing work
                                                                                      related stress and anxiety
Professional support                           Knowledge based
and intervention                               conversations about
                                               mental health

                                                                                      39%
                                                                                      Are finding focus and
                                                                                      concentration at work
                                        Mental                                        difficult
                                        Health
                                        at work

                                                                                      23%
                                                                                      Do not have a workspace
Mental illness         Mental health issues    Mental health
No productivity        Poor productivity       High productivity
‘Absenteeism’          ‘Presenteeism’          Thriving workforce
                                                                                      28-35
                                                                                      Hour weekly work increase
                                                                                      from home

                                        20 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

Benefits of Employee Well-being
to Puma Energy

A proactive and preventative approach to well-being
is important to our business because it generates:
• Increased employee commitment and productivity
   because they feel valued and listened to.
• A culture that fosters employee loyalty and
   high morale.
• Establish 360° views – Enable full “online”
   transparency on (internal/external) customer
   interaction and service deliveries.
• Reduced absenteeism because employees feel their
   well-being needs are being met.
• A more resilient workforce because putting the right
   mental health strategies in place can help stop
   problems from escalating.

Required Actions to Improve
Employee Well-being
The following are the key areas we recommend to
focus on, and invest in, as we move towards recovery,
and as we create an enabling environment to achieve
our business objectives.

  Understanding                           Noticing &                          Support &
  Cultural Change                         Managing                            Signposting
  The culture and change                  Engage a global trainer to          Create Signposting guides for:
  portfolio recommended                   develop bespoke Puma
  in sections above will                  training to cover the following:    • Line Managers
  enable this.                                                                • People and Culture
                                          Managers (Noticing,
  Leaders need to continue to             managing, signposting)
  demonstrate the need to take                                                • Mental Health Allies
  well-being more seriously as            Staff (raising awareness,           • Puma Occupational
  they lead by example.                   signposting)                           Healthcare schemes & EAP
                                          Mental health allies (noticing,        schemes
                                          managing, signposting)              • External support

                                         21 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

NEW WAYS OF WORKING:
PEOPLE MANAGERS
Embracing the New Normal
within Our Teams

With new emphasis on remote work, comes            This is where leaders come through in
a new reality:                                     difficult times.
Teams need a strategy for communicating            Helping people understand these issues and
digitally, and leaders must find ways              guiding them through this whole process will
to effectively manage their team and               position your team to collaborate more
meetings remotely.                                 effectively, and emerge from this crisis more
                                                   committed to our organization than ever
Our Puma Employees Ways of Working                 before. Leaders need to inspire commitment
Survey shows that:                                 & trust.
44% considered working remotely was an
unknown territory for them. According to
research some of the most common issues
or limitations of virtual teams include some
people participating more than others,
difficulty in dealing with conflict, and trouble
developing trust.

                                  With Your Team                       In Your Organisation

 Grow Positivity                  Share good news and                  Communicate good effort and good
                                  stories of progress. Express         outcomes. Express appreciation. Use
                                  gratitude.                           resources to respond to societal needs
                                                                       and the employees’ desire to contribute
                                                                       to the greater good.

 Acknowledge Difficulty           Willingly share perceptions          Express authentic concern for others.
                                  and concerns with people at          Be transparent about how tradeoffs
                                  the top and with colleagues.         are evaluated in making decisions with
                                                                       negative consequences for individuals.

 Encourage Growth                 Create space for collective          Share ideas for how employees’
                                  learning. Reflect on learning        collective talents and resources could
                                  through hardship with                help others. Help people whose roles
                                  conversations and journaling.        have gone away or changed refocus on
                                  Don’t make decisions for             using their talents for broader or new
                                  people when you can give             purposes. Give people the opportunity
                                  them choices.                        to help you make difficult decisions.

 Set Boundaries                   Recognise limits and guard           Acknowledge uncertainty and lack of
                                  the team’s well-being.               control. Understand and communicate
                                                                       that the way forward will include a lot of
                                                                       saying no.

                                          22 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

Overcoming the biggest challenges
Managing remote employees comes with a          Employee trust
set of unique challenges, and overcoming        Trust is earned, and it’s earned over time, and
them should be a top priority for many          that street runs both ways. If you’re going to
employers. Here are four big challenges         be an effective virtual manager, your team
employers should address (Driver, 2018).        needs to trust you as well. Although surveys
                                                have shown that people love the flexibility
Communication
                                                that comes with working remotely, they do
As a manager, it’s your job to keep all your    not want to miss out on being part of the
employees informed. While it’s simple to        organisational culture. You need to find a way
effectively communicate with staff members      to include them as practically as possible.
you see face-to-face, remote employees
must rely on technology, so you can’t let       A unified company culture
remote team members become “out of sight,       Employees collaborate best when they have
out of mind.”Use available and most             personal connections with each other. To
applicable technologies and applications to     maintain this connection while working
communicate with your remote employees.         remotely, small teams should have a short
In addition to having reliable communication    daily conference call to discuss hot topics
solutions, it’s important to make sure that     and unanswered questions, and use video
your workers know when and how to reach         chat for team meetings.
one another. When you can’t physically
see your employees every day, it can be
difficult to track the amount of work they
complete daily.
Tracking productivity
Track a remote worker’s productivity the
same as you would with the rest of your
team, including employees who work in the
office. Remote or not, establish metrics and
goals and measure effectiveness by their
output, not by how long they’re at their desk
or how hard it looks like they’re working. We
touch on this in the session on productivity.
While you should check in and make sure
your employees are doing what they’re
supposed to, a successful flexible work
arrangement ultimately comes down to trust.

                                        23 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

NEW WAYS OF WORKING:
PRODUCTIVITY
AND EFFICIENCY
Ensuring Resilience in the
New Normal

The following are some of the ways we can        to remote working (work from anywhere
ensure resilience:                               – WFA) and this can result in productivity
                                                 increase.”
Research findings
One of the key questions being asked is,         Empower people to work from remote
“How will these changes to the future of         locations, people will save on travel/
work, especially remote working affect           commuting time and hence can use this
productivity”?                                   saved time to increase productivity.
                                                 “Employers who allow employees to work
Cali Williams Yost, a flexwork expert and        remotely should grant these employees true
founder of the Flex + Strategy Group in          autonomy and flexibility, rather than trying to
Madison, N.J. says that as a result of           micromanage their remote work. Our results
COVID-19: “Work is forever changed”              comparing WFH and WFA employees
because “flexible work was made for times        indicate that granting greater autonomy can
like these” (Eisenberg, 2020).                   actually enhance employee productivity”
Working from home, research has found, can       (Choudhury, 2019).
boost employee productivity, improve work/       Remote working will not automatically
life balance and foster better mental health     translate to an increase in productivity.
(not to mention reduce pollution from            Certain conditions need to be met.
commuters). There’s robust evidence
showing that it shouldn’t change.                We need to put in place clear measures of
(Neeley, 2020)                                   performance and productivity by maintaining
                                                 a results oriented culture; setting clear goals
Key considerations                               and deadlines; putting plans in place to
These are some of the considerations in this     increase accountability; identifying key
session. However, as business leaders sign up    priorities and adjusting them frequently as
for a more virtual workplace, they need to       well as measuring performance and making
ask the question, “How do we ensure that our     it agile, frequent, decentralized and team
colleagues are more resilient in the new         focused.
normal?”. The following are some of the ways
                                                 We also need to help people work effectively
we can ensure these questions are
                                                 remotely by providing the right tools and
adequately answered.
                                                 resources. These should not be limited to
We have identified some key ways:                hard tools like devices and technologies but
Firstly, we need to redefine workplace           also soft tools including training on working
efficiency. We need to create a culture that     effectively remotely, managing remote
is focused on measuring results and real         teams, managing mental health.
outcomes rather than hours at a desk; build      This is an opportunity to also adjust on-
more flexible operations and encourage           boarding and training based on new ways
leaders to be comfortable with vulnerability.    of working, updated product, services and
Identifying roles that can/cannot work           offering.
remotely. Figure 10 (slide 19) shows a list of
jobs that can be done remotely (Arthur D.
Little), jobs where the employee can carry
out most job duties with little or no
coordination where co-workers can transition

                                        24 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

What the Future Workplace Should
Look Like for Our People

 Employee well-being is a        Employees who are                    There’s good communication
 priority in all areas of the    experiencing mental health           and an ‘open door policy’–
 business.                       difficulties, major life events or   employees know what
                                 juggling caring responsibilities     support is available to them,
                                 can talk openly without fear of      to help them stay well at
                                 stigma – regardless of their         work, and how to access it.
                                 culture or personal
                                 circumstances.

 Remote working is offered       Employees know what is               Employees are given space
 where possible and having       expected of them and are             for growth and development,
 work-life balance/              clear on their job roles, areas      so they feel able to make a
 integration is actively         of responsibility, and how their     meaningful contribution.
 encouraged.                     role contributes to the overall
                                 organisation goals.

 The culture is inclusive,       There is zero tolerance for          Productivity is driven and
 diverse and welcoming,          bullying, harassment and             enabled to build a high
 where employees feel able       other forms of discrimination.       performing culture.
 to be themselves.

                                25 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

7         CONCLUSIONS AND
          RECOMMENDATIONS
26 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

WHITE PAPER
RECOMMENDATIONS
The future of workplace flexibility is an
investment in our Platform, Productivity and
People. Our recommendation is to accelerate
this for Puma Energy over the next period as
we make positive strides towards achieving
our five-year strategy.

 Platform                        Productivity                         People
 Office of the Future            Productivity measured by in          Leadership Attitude – Culture
 Create more interactive         output.                              Shift / Change towards
 spaces                                                               inclusiveness, fairness and
                                                                      creating a sense of belonging
 Create multi-functional         Apply Tight – loose – Tight
                                                                      for all colleagues
 environment                     approach (tight on goal
 Intentionally design space      setting, loose on process but
 around activities               by milestones & tight on             Performance measured on
                                 result)                              value creation. Continuous
                                                                      Improvement of Processes
 Flexible work micro-hubs
 Provide a ‘flexible space’      On-board and train our
 corporate membership to         managers to understand by            Well Being – Ensure balance
 employees                       objectives rather than tasks         on working hours for both
                                 (Managers’ tool kit)                 role driven and voluntary
 What about our large Retail
                                                                      activities. Provision of worker
 stations as Puma-hubs or in
                                                                      support (technology,
 our Retail Community Villages   Implement technology that
                                                                      security etc.)
                                 helps manage and track
                                 process and progress
                                 especially in the commercial
                                 space

                                 27 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

TIMELINE 2020/2021
White paper recommendations

2020

Implement a remote              Secure approval for                        Develop Line Manager’s
working policy                  ‘office of the future’ pilot.              Tool Kit for managing
                                                                           remote teams.

             Articulate operations and                   Work on employee                   Make employee well-
             support function roles                      wellness (with global              being a priority in all
             that can work remotely.                     providers).                        areas of the business.

2021

Renew office space               Renew office space                         Renew office space
rentals/agreements               rentals/agreements                         rentals/agreements
when +30% of the                 when +30% of the                           when +30% of the
workforce can WFA.               workforce can WFA.                         workforce can WFA.

            Review the six 2022/23                       Second phased                  Accelerate our culture
            lease expiry locations.                      implementation of WFA.         improvement and change
                                                                                        management plans.

                                      28 PUMA ENERGY NEW WAYS OF WORKING
PUMA ENERGY

CONTRIBUTORS
Harry Akinola                                  Henry Osei Yaw
Global Head of Learning & Development          General Manager, Ghana
Nicolas Egger                                  Nabha Tawde
Global Head of Reward                          Global Rewards, C&B Manager
Emmanuel Medvedowsky                           Shaun Tooray
Global Resourcing Manager                      Regional Resourcing Manager
Sean Craig                                     Adriana Delgado
Head of P&C & Transformation                   Rentas Regional Resourcing Manager
Joanne Thomas                                  Aakriti Kundra
Regional P&C Manager                           Regional Compliance Officer
Irene Masterton
Global Property Manager

REFERENCES
Choudhury, P., Larson, B. and Foroughi, C.,    Hering, B., 2019. Remote Work Statistics For
2019. Is It Time To Let Employees Work         2019: New Norms And Expectations.
From Anywhere?. [online] Harvard Business      [online] FlexJobs Job Search Tips and Blog.
Review. Available at:                          Available at:

[Accessed 2 June 2020].                        Mait, A., 2020. Engaging A Remote
                                               Workforce – Maximizing Productivity -
Driver, S., 2018. 4 Challenges Of Managing A   Chapmancg. [online] ChapmanCG.
Mobile Workforce. [online] Business News       Available at:
Daily. Available at:                           
[Accessed 6 June 2020].                        [Accessed 2 June 2020].

Eisenberg, R., 2020. Is Working From Home      MHAW, 2020. Mental Health At Work During
The Future Of Work?. [online] Forbes.          Covid-19. Received by Joanne Thomas.
Available at:
                      Review. Available at:
[Accessed 6 June 2020].                        
Ey.com. 2020. How Leaders Can Protect          [Accessed 6 June 2020]
Employee Wellbeing During COVID-19.            Alexander, A., De Smet, A. and Mysore, M.
[online] Available at:                         (2020). How Companies Can Make Remote
                     https://www.mckinsey.com/business-
[Accessed 6 June 2020].                        functions/organization/our-insights/
                                               reimagining-the-postpandemic-workforce
                                               [Accessed Aug. 2020].

                                      29 PUMA ENERGY NEW WAYS OF WORKING
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