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Developing a Comprehensive Commercial Competency Framework and Transition Plan

This document outlines the progress and next steps in finalizing the Commercial Competency Framework, focusing on collaboration with L&D, HR, and Controllers. Key actions include reviewing competency models, aligning internal functions, and incorporating best practices from EKTi research. A high-level transition plan will be developed, emphasizing critical outcomes and necessary deliverables. The goal is to ensure a structured approach to developing competencies, facilitating communication with leadership, and adapting the framework for effective implementation within commercial operations.

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Developing a Comprehensive Commercial Competency Framework and Transition Plan

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  1. Week Ending 10/12 ?? 1/3 6/8 Interviews & Work Sessions with L&D, HR and others Finalize Commercial Competency Framework and Scope of Next Phase 1 4 6 Review Sessions 7 8 Work with Controllers SME on Processes, Job Levels, Skill Categories & (A) Competency Matrix Template Agree with L&D, Controllers on Proficiencies (B) • Align Internal Functions • Set Rollout Priority • Revisit Critical Outcomes • Align Across Commercial 2 Review & compare Models, e.g. G&G, HR Comp Levels, Pyramids, etc Draft Controllers Competencies 9 Incorporate EKTi Research on Accounting & Commercial Best Practices Develop High Level Transition Plan & Timing Define Project Critical Outcomes & Deliverable for 6 10 • Controllers Staff Manage Communications: • Steering Team • Controllers Leadership • Commercial Leadership Commercial Competency Steering Team (CCST) Reviews 10-Step Approach to Developing Commercial Competencies I. Newfield Competency Research II. Draft Controllers Competencies III. Final Competencies & Transition Planning • Interview Controllers Leadership • Map Controllers Functions • List Key Processes • Develop Competencies (C) • Define a Pilot - if needed 5 Incorporate Newfield & Commercial 5 Year Plans 3 NOTE: (A, B, C) Refer to next page

  2. C How well is the work done in Controllers? Can it be demonstrated? Describe the examples that are needed to prove competency… A Staged Workplan

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