2022 was certainly a year of change this time last year we were coming out of the pandemic and then the Ukraine war, energy crisis and global recession hit.
So how has that effected people’s feeling about the energy crisis? At the end of last year, I re-ran the energy transition survey and these are the initial results
This year the survey found 50% of people felt that delivering net zero emission of greenhouse gases by 2050 was doable vs 75% of people in 2021. This is a substantial difference and this is likely because the last year has shown the external challenges and this isn’t just about a technology change however is much more complex than that.
What’s interesting is that overall women were more positive than men about making the target 57% vs 39% of men.
Another interesting point about the numbers is that those with only 1-5 years of experience and those who have over 20 years of experience are a lot more positive about the change (66% and 54%) than those at the middle management level with 10-20 years of experience 41%
This is interesting to see as many transformations fail because middle management are not truly engaged in the change and often the senior execs lead the change and communicate passionately about what they want to do however they are not truly engaging with their middle management who are responsible for delivering the change. This is something leaders who are trying to deliver the change should be spending time particularly in more mature organisations who are used to taking their time, minimising risk, and not trying something new unless it has been well tested. This approach will kill any organisation desire to deliver on the energy transition.
So how confident are people in the leaders to drive through this transition? This year the respondents had a much higher confidence in their leaders, 82% vs 60.5% from last year. This could however be due to a much higher proportion of respondents from the renewable areas this year as the overall response from the oil gas sector as around the same as last year of 58%.
This is an incouraging result as it shows that overall, the respondents believe in their leaders although in some sectors this could be improved. This puts the leaders in a strong position to deliver on their strategy and as I go through this report there will be more actions for leaders