Aligning strategic imperatives to the disruptive forces in energy will be essential for organizations across the energy value chain to thrive, said the managing director and partner at Boston Consulting Group, a global management consultancy.

“Industry executives had an opportunity to reflect upon the key trends shared by BCG at the World Energy Congress, and reflections that will shape the path forward for the coming decade were initiated,” added Bjorn Ewers, speaking at a roundtable discussion held on the sidelines of the recently concluded World Energy Congress 2019 in Abu Dhabi, UAE.

Building on BCG’s ‘Winning in the 20s’ framework, the roundtable dialogue centred on three presentations from globally leading BCG representatives aimed towards addressing how leaders can address dynamic shifts within the Energy Sector’s competitive landscape.

The three topics included:

•    ‘The digital challenge: From proof of concept to impact at scale’ by Michael Buffet, managing director & partner, BCG Norway
•    ‘The climate disruption: Myths, realities and implications on the energy industry’ by Dr. Patrick Herhold, managing director & partner, BCG Germany
•    ‘Managing the new architecture of risk’ by Raad Alkadiri, senior director, BCG Center of Energy Impact, USA

“Success in the coming decade will be dictated by companies’ willingness to come to terms with the possible outcomes of their corporate actions and leadership strategies,” added Ewers.

“Remaining agile and robust enough to adapt in order to mitigate risks and carve-out opportunities is crucial. Those that manage to start thinking seriously about the impact of disruptive ecosystems will be able to master the new logic of the competitive industry of tomorrow.” – TradeArabia News Service