Companies must consider integrating their strategies and decision-making frameworks for any energy transition. “How to get to Net Zero?”, “How to decarbonize the business and its supply chain?”, “We need to understand the energy and climate technology solutions available and emerging in the future.”

The Energy Transition is a journey that requires new ways, new thinking, and a new pathway approach.

We can help build and support the specific advice needed for your position and set of challenges

Embarking on this energy transition journey, consider the following stages:

Stage one- determine

• Articulate and communicate a coherent case for change and how long this might be
• CEOs will want to take ownership to communicate this coherent case for change, seek engagement, and take visible ownership of the agenda, as they initiate action.
• Define what the energy transition means, business impact assessments, and sustainability journeys constantly with updates and insights.

Stage two- prepare

• Build the constant upskilling of employees to help drive their organizations toward the energy transition in a never-ending learning and knowledge exchange
• Develop ongoing capabilities to make granular, holistic, and dynamic assessments of transition-related risks and opportunities.
• Build a new framework for managing the dynamics and agility needed, to stay abreast of new developments and emerging possibilities, which might lead to new value creation and business offerings

Stage three- evaluate

• Create a portfolio of agile business strategies consistent with the risks and opportunities emerging.
• Assessment of the repositioning of themselves, recognizing disruption and radical thinking will be part of the evaluation
• Consider if and where there is a possibility for a leadership position in the company’s industry.

Stage four- establish

• Organizations are likely to need and build new capabilities, data, and infrastructure, determine their asset and capital mix, and build out the talent to manage the changes.
• Consideration to investing in new physical assets and reallocating capital, redesigning products, or building different, more-attractive businesses of future value and appeal.

Stage five- fresh assessment

• What are the essentials to capture the dynamic shifts in regulations, investor preferences, consumer behaviors, market positioning, technology breakthroughs, and scaling along with competition awareness?
• Integrate climate-related factors into key business decisions for strategy, risk management, finance and capital planning, R&D, organizational structure and talent management, pricing, marketing, positioning, and investor and government relations.

Stage six- reaffirm

• Build out the ecosystem of investors, supply chains, customers, and regulators.
• Evaluate platforms and ecosystems that strengthen your positioning
• Develop clear governance and positioning for networking, adding value and targetted relationships

Outcome value and impact

The impact and understanding to embark and undertake this energy transition journey, largely forms around the building of this new way of working, through ecosystem thinking and design, for building the value and impact for new business growth, built on a sustainable future, that is evolutionary and highly adaptive but necessary. The need is to find compelling new Business Models you can confidently embark upon.

Let us discuss your journey so we can support you and together build a comprehensively designed energy transition

Contact Paul at phobcraft@gmail.com to find out more about how he can help you with your energy transition journey