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Information about TRAINING & DEVELOPMENT IN Devon Energy

Published on April 15, 2009

Author: jas777


Devon Energy Corp. : Devon Energy Corp. Training & Development TRAINING & DEVELOPMENT NATURE : TRAINING & DEVELOPMENT NATURE Refers to the imparting of specific skills, abilities and knowledge to an employee. Training, development and education differ in many ways. Development refers to those learning opportunities designed to help employees grow. OBJECTIVES. . . . . : OBJECTIVES. . . . . Improve the performance of the employees. Help the employees to grow within the organization in order that, as far as possible, its future needs for human resource can be met from within. Reduces learning time for employees INPUTS IN TRAINING AND DEVELOPMENT : INPUTS IN TRAINING AND DEVELOPMENT SKILLS     - motor skills     - interpersonal skills EDUCATION      - theoretical concepts DEVELOPMENT        - less skill oriented but more stressed on knowledge ETHICS       - ethical orientation AS A SOURCE OF COMPETITIVE ADVANTAGE : AS A SOURCE OF COMPETITIVE ADVANTAGE Helps to remove performance deficiencies in employee Making employees stay long Minimized accidents, scraps and damage Meeting future employee needs How Training Benefits the Organization : How Training Benefits the Organization Improves the morale of the workforce Helps people identify with organizational goals Helps create a better corporate image Fosters authenticity, openness and trust Improves relationship between boss and subordinate BENEFITS TO THE INDIVIDUALS : BENEFITS TO THE INDIVIDUALS Helps the individual in making better decisions and effective problem solving Aids in encouraging and achieving self-development and self-confidence Increases job satisfaction and recognition Moves a person towards personal goals while improving interactive skills ABOUT DEVON . . . . : ABOUT DEVON . . . . World's leading independent oil & gas exploration & production company. Also own natural gas pipelines and treatment facilities About 88 percent of Devon's production is from North America COMPANY’S GOAL . . . . : COMPANY’S GOAL . . . . Exploring for undiscovered oil and gas reserves, Purchasing and exploiting producing oil and gas properties, Enhancing the value of its production through marketing and midstream activities, Optimizing production operations to control costs MARKETING & MIDSTREAM : MARKETING & MIDSTREAM Marketing responsibilities not only include the sale of oil & natural gas liquids but also transportation &storage In total, the company sells in excess of 3 billion cubic feet of natural gas per day The company’s domestic midstream operations are the largest among U.S. independent producers CORPORATE REPONSIBILITY : CORPORATE REPONSIBILITY protecting natural resources and working with communities that surround the company. Objectives range from companywide emissions reduction programs to water recycling efforts CORPORATE RESPONSIBILITY-ACHIEVEMENTS : CORPORATE RESPONSIBILITY-ACHIEVEMENTS 2008 Excellence in the Use of Technology Award 2007 U.S. Bureau of Land Management’s (BLM) “Restore New Mexico” Award 2006 District Safety Award for Excellence 2005 Major Reclamation Award 2004 EPA Best Workplace for Commuters TRAINING & DEVELOPMENT PROGRAMMES OF DEVON : TRAINING & DEVELOPMENT PROGRAMMES OF DEVON WHY? TOUGH COMPETETION. EXTREME DEMAND IN TECHNICAL INDUSTRIES. SMART TECHNICALS WENT INTO THE IT INDUSTRY IN 1990s. TRAINEES UNDER-GRADUATE INTERNS. FRESH EMPLOYEES. Slide 14: AREAS OF OPERATIONS LEADERSHIP DEVELOPMENT TECHNICAL COURSES ENVIRONMENTAL HEALTH AND SAFETY. TRAINING PROGRAMS INDIVIDUAL APPROACH MACRO APPROACH ENSURES EMPLOYEE LOYALTY OVERVIEW. . . . : OVERVIEW. . . . World's leading independent oil and gas exploration and production companies. The company's portfolio of oil and gas properties provides stable, environmentally responsible production and a platform for future growth. Devon has approximately 4,600 employees worldwide. Its common shares trade on the New York Stock Exchange

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