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Article: Joint measurement knowledge base is needed.
- Article from:
- Pipeline & Gas Journal
- Article date:
- May 1, 2008
- Author:
CopyrightCOPYRIGHT 2008 Oildom Publishing Company of Texas, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Let's talk a little more about the INGAA Foundation study I mentioned last time. The study says workforce attrition costs the industry U.S.$575 million a year. It calls for companies to implement a comprehensive approach to managing workforce and knowledge assets to reduce the cost of attrition. The industry-owned, industry-managed training program I discussed last time should be part of that approach. Twelve operating companies are currently involved in the development of that program. Participation is open to any interested operating company.
Now let's move on to what's happening at the other end, where people are leaving the industry for various reasons, ...