Oil India Limited, Industry: Energy, Year of Incorporation in India: 1959, Total number of Employees: 8,372, HQ City: Duliajan
Oil India invests in L&D programs based on employee needs in addition to sending them to international plants for exposure and knowledge enhancement
This company is the one of the largest Oil & Gas Public Sector companies engaged in the Production and Transportation of Crude Oil and Natural Gas. The company has now made a foray in to the renewable energy sector, which initially started as a project but has grown multifold. 2011 saw highest growth for this organization in terms of sales and revenues.
The organization has a pan India presence with balanced footprint in exploration and producing properties in many countries across the globe.
With over 8,000 employees in this company, the organizational structure has been designed as per the needs of the changing times and ensures achievement of the projected growth. In more than 50 years of its existence, this company has kept pace with the changing people needs and has moved from transactional to a more transformational role. Although HR policies are revisited only after a span of 5 years, the organization has managed to keep employees engaged through various L&D programs designed basis their needs. It has taken a step forward to send employees at their international plants to gain exposure and enhance knowledge application.
It realizes the importance of management quotient for employees belonging to technical background, for which it has tied up with various B-Schools to impart administrative awareness and understanding. It has also instituted a steering committee to scrutinize all training needs and content in order to check for alignment with the organization strategies. HR believes that activities done on annual basis must support long term existence of the company.
The company has started the process of Organizational Transformation through team work and team learning and has named this initiative as Breakthrough Performance (BP). With the objective of aligning the individual vision with the organizational vision and work as a team towards being the fastest growing energy company with highest profitability, the company embarked on the strategic change initiative ‘Breakthrough Performance’ under the Centre of Reflection and Learning.