Navigate has the relevant experience and keen understanding of the challenges unique to this sector to help clients take advantage of these industry trends. Navigate’s tailored approach focuses on enabling our clients to achieve their business outcomes, often through managing major change, in a way that supports stakeholder and regulatory demands; promotes collaboration among a diverse, often unionized workforce; and ultimately provides a sustainable solution.
The upstream segment of the Energy & Utilities industry faces ongoing challenges that largely stem from depressed commodity prices and the overwhelming cost of exploration.Navigate has helped its E&P clients by bringing unique perspectives from each of its five service areas to position them for success during times of growth and investment, as well as in the current downtimes when commodity prices remain low.Navigate understands and has experience with all functional aspects of an E&P company, from geology and land management to drilling operation through HR, Finance and IT. Additionally, Navigate has deep knowledge of the industry-specific technology platforms that drive these business functions. Some projects have included:
Tremendous opportunities exist within this space as downstream demand for natural gas and NGLs continues to grow. With this growth in demand, additional midstream infrastructure is needed to store and move these energy products downstream for industrial and retail consumption. The transportation, storage, and marketing of energy products also presents specific challenges that require distinct experience to meet internal and external commitments while maximizing operational efficiency.With tailored solutions to match these unique business challenges, Navigate helps meet specific corporate or project objectives such as improved productivity, increased profitability, or reduced risk. Whether you need to select and implement a new system, deliver a major project, or look for creative ways to attract new talent, Navigate can help drive your business outcomes through experienced-based knowledge and hands-on project and change management.
While customers continue to rely on utility companies to supply their gas, water, and electric service, their needs and expectations are evolving at a rapid pace. With a heightened focus on minimizing energy consumption, user demand has decreased, forcing companies to seek rate increases and optimize processes and resources at their current level of investment. At the same time, technology is presenting what can be an overwhelming number of options to consider – from mobile applications enabling direct customer interaction, to enterprise technology solutions transforming business processes and mitigating operational risk.Navigate works with utility companies to objectively assess their current operations amid a range of opportunities and challenges, including ongoing regulation changes and aging infrastructure. From there, we build on our experience to design a tailored solution that best positions clients for ongoing success. Whether it’s new Smart Grid technology, a system transformation, or a fresh approach to employee retention that will keep your business on track, we support you from strategy alignment through implementation and sustainment of your business outcomes.In addition to Navigate’s broad-based service areas, some specific experience in this sector includes: