Accelerating the Journey to DQ with Distracted and Dispersed Teams: Successful Applications at Whiting Petroleum
SDP Sponsor Webinar
This presentation is from the SDP Sponsor Organization Series
13 Feb, 2019 | 8:00 am PT / 11:00 am ET
Speakers: Carl S. Spetzler and Jennifer Meyer, Strategic Decisions Group
Chris Edwards, Whiting Petroleum Corporation
Moderator: Charles Persinger, Eli Lilly
In today’s environment, decision participants’ time is more limited and divided than ever, and leaders and experts are often in multiple locations. Still, decision professionals must guide them to a quality decision, on ever shorter timelines. Traditional approaches make it difficult to gather the diverse perspectives and expertise scattered across an organization, particularly when time is tight. Also, common technology solutions are ineffective at guiding teams to high-quality decisions. In light of these challenges, SDG is now using the online platform Powernoodle® to achieve DQ through agile decision engagement. We discuss the benefits achieved with Whiting Petroleum in a recent strategy effort and suggest broader implications for the decision professional.
Carl S. Spetzler, CEO and Chairman, Strategic Decisions Group
Carl Spetzler is an author, speaker, and business leader who over the past 40 years has helped guide corporate decision teams to create innovative new strategies that deal with the complexities of risk and uncertainty over long time horizons. He is the lead author of the 2016 book Decision Quality: Value Creation for Better Business Decisions and a faculty member in the Strategic Decision and Risk Management (SDRM) certificate program offered by The University of Texas at Austin. Dr. Spetzler is a past president and Fellow of the Society of Decision Professionals (SDP).
Jennifer Meyer, Senior Engagement Manager, Strategic Decisions Group
Jennifer Meyer is an experienced strategy consultant and educator. She has helped clients with economic evaluation, strategy development, and business portfolio modeling. She develops custom course curricula as part of her clients’ internal decision-quality capability-building programs. She is an instructor in the Strategic Decision and Risk Management (SDRM) certificate program at The University of Texas at Austin and co-author, with Carl Spetzler and Hannah Winter, of Decision Quality: Value Creation from Better Business Decisions. Dr. Meyer is a member of INFORMS and a Fellow in the Society of Decision Professionals (SDP).
Chris Edwards, Vice President, Exploration and Geoscience, Whiting Petroleum Corporation
Chris earned a BS in Geology from Ohio University, an MS in Petroleum Geoscience from The University of Texas, and an MBA from the University of Denver. He began his career in the oil and gas industry in Houston with ExxonMobil, working in exploration and development roles in the US and internationally, onshore and offshore. After moving to Anadarko Petroleum, Chris built experience across the full spectrum of the oilfield life cycle – including exploration concept generation, risk analysis, peer review facilitation, investment portfolio management, concept marketing / partner relations coordination, budget allocation, appraisal program planning, drilling, and full field development planning. He has led numerous multi-disciplinary technical teams, focused primarily in the US Onshore area and currently serves as Vice President of Exploration and Geoscience for Whiting Petroleum.
Charles Persinger, Senior Research Advisor for Portfolio Strategy and Decision Sciences, Eli Lilly and Company
Charles Persinger is a Senior Research Advisor for Portfolio Strategy and Decision Sciences at Eli Lilly and Company. He joined Lilly’s Decision Sciences department in 2002 after getting his MBA at Duke. He has over 15 years of experience consulting with teams and decision makers across Lilly on complex and challenging drug development decisions. He currently leads Lilly’s internal decision consulting practice and probability assessment process. Prior to his MBA and joining Lilly, he was an engineer designing golf clubs at Mizuno and Ben Hogan.