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