Petrobras’ current president, Pedro Parente, provided details to O Estado de S. Paulo newspaper about the changes he plans to implement in the oil company’s management system. The concept adopted will be that of zero-based budgeting, which consists in annually specifying the projects and investments that are the top priorities, thereby seeking increased efficiency in spending.
Mr. Parente revealed that he drew inspiration from Ambev’s management model to respond to the oil company’s crisis. The brewery’s model, which has been adopted by numerous companies, uses the PDCA method, which is the basis for FALCONI’s operations.
To this end, Petrobras will adopt a goal achievement system so that every hierarchical level within the company can have its goals aligned with the strategic target of the board of directors. “The accomplishment of goals will be monitored by means of quarterly meetings at different company levels all the way up to the executive directors”, said Mr. Parente.
Read here the news report published in Estadão newspaper.
Pedro Parente had previously drawn inspiration from a management model developed by Professor Falconi in 2001, when he was the President’s Chief of Staff. Back then, our founding member served on the energy crisis management committee, helping the entire population to attain their goals.
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Published on Sep. 30, 2016