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APD.
How does Petrosin manage such a sizeable pool of offshore resources?
SL. It is indeed a mammoth task managing such a dynamic operation
offshore. The trick is to balance entrepreneurship with quality corporate
management.
At Petrosin, we have worked out a sound corporate structure and system
to manage and utilise resources efficiently and effectively. We have also
committed a significant budget to training and developing our manpower
resources.
APD. Petrosin appears to be an ambitious e-business
player in Asia. What is its vision?
SL. Petrosin's vision is to be the leading provider of IT and Internet
solutions in Asia Pacific. We believe that the experience we have gained
in being part of the boom and bust cycle over the past two years has provided
us with the experience and foresight needed to anticipate new industry
changes and align our strategies accordingly.
APD. Given the fast paced nature of the industry,
how do you separate the IT aspect of your operations from the relatively
slower paced nature of the oil and gas industry?
SL. The internet has rendered many notions of conventional thought
upside down. Where strategies were once considered to be well thought
out plans prior to execution, the boom cycle of 1999-2000 seemed to instead
advocate an 'act now, think later' strategy where mergers, acquisitions,
strategic alliances, and affiliates were signed on without much apparent
deliberation.
The recent meltdown, therefore, has effectively weeded out the weaker
players and placed conventional strategy back at the forefront. Our systems
are flexible enough to accommodate new trends and developments. Our managers,
including myself, surf the Net regularly to keep updated.
APD. What can others learn from Petrosin's experience
in e-business?
SL. With our level of resources and commitment, we are able to
come up with many dotcom ideas, and execute them fast. For instance, the
RecruitAsia site was built by an in-house team over a five month period.
This is backed by a strong team of offshore IT, content, research and
data entry. After its launch, we still keep the development team to continually
add new features in making the portal competitive.
Unless you want to be a market leader, you cannot embrace e-business the
way the Petrosin group has done it. What you really need is the right
mindset and the determination to make your organisation dynamic and resilient
to changes.
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