Given the cyclical nature of the industry, how might individuals and companies prepare for a potential re-emergence of the boom cycle? This article emphasizes the importance of soft skills in navigating the effects of systems and structures on human patterns of behavior.
Talent & Technology: Soft Competency Development as a Global Challenge Soft competencies provide individuals with the ability to manage social, cultural, technical, and environmental expectations.
In response to the need for emotional intelligence and soft skills, the SPE Soft Skills Council proposes a competency matrix as a tool to identify skills gaps at various stages of one's career.
Training and mentoring young professionals is a valuable investment in future prosperity of the industry. The companies of the future must have a clear strategy to attract talent and engage and retain their talented human assets across the workforce generations.