In the months following the sudden dip in crude oil prices that began late 2014, the oil and gas industry has been challenged with finding ways to cope and maintain until the market turns around. The whole “do more with less” approach to work has been adopted by many companies who have had to downsize and restructure within their organizations . But in addition to layoffs and other cost-cutting measures, several companies have had to deal with a few surprises. The most recent downturn has seen a shakeup of many C-suite executives, as some have entered – and departed – their companies. While many smart and resourceful oil and gas companies already have succession plans in place to prepare for senior-level employee departures , for companies that don’t, now is an opportune time to visit the topic and implement some strategies, as the industry can expect to see several […]