The oil and gas industry is experiencing an unprecedented era. An ongoing mismatch of supply and demand paired with “unfriendly” global conditions continues to threaten the economic viability of even the most entrenched companies.
While quick cost-cutting measures such as widespread headcount reduction may seem the obvious choice to withstand the storm, a recent Harvard Business School study reports, “Firms that cut costs faster and deeper than rivals don’t necessarily flourish.”
So what can oil and gas executives do to safeguard their companies and move forward with confidence in these difficult times?
Read the PwC whitepaper “Protecting the bottom line in the downturn and beyond” to learn: