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The energy and utilities industries are undergoing dramatic change, driven by increased global demand for energy products (particularly in China and India), finite natural resources, the push for alternative energy, deregulation, mergers and acquisitions, and political and economic pressures.
The impact of these change-drivers on core human resources (HR) and talent management processes – hiring and recruiting, performance management, succession planning, compensation, and learning and development – is significant. And with one of the oldest workforces of any industry – average age of 49 years for technical and managerial positions – and an inability to attract younger talent, extreme talent shortages are expected in the coming decade.
Softscape Apex® for Energy & Utilities provides a combination of enterprise software solutions, content, and professional services to cost effectively address the specific HR and talent needs of the energy and utilities industries, including energy products, electric utilities, and marketing/trading of energy commodities.
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