Developing leaders at Petronas
A senior HR leader at Malaysian oil and gas giant Petronas likens the mammoth organisation to being in a “burning platform”.
“Oil prices are at record lows and with that, we need to find new businesses,” says Shazlina Shahriman, Head, Talent Management, Group HR Management, Petronas.
With a mammoth workforce of 52,000 employees in more than 33 countries, and competing alongside other state owned and private global companies, Petronas’ only option to compete and prosper against other conglomerates is to develop its human capital.
According to Shahriman, that entails developing leaders internally who can lead the organisation in the next generation and beyond.
The proof of the pudding is the fact that a massive 75% of Petronas’ leaders have been internally groomed, including President and Group CEO Datuk Wan Zulkiflee, and the majority of its vice presidents.
Shahriman says the organisation specifically knew that Datuk Wan had the potential to be groomed for such a massive role.
“We knew that those 75% who made it to the top were going to make it and reach their potential. We also knew the development programmes they needed to make it to the top,” she explains.