In case of oil company (or related to that business) almost nobody cares of software project management efficiency. Even many project managers don't. Sometimes top managers care. As soon as top managers start to care of projects progress they start to kick PM's asses and finally they may fire PMs. This should be some regular process in any kind of company even in oil - related industry. And it should take place not only after shareholders meetings :-)
Otherwise shareholders have losses quarter by quarter.
The reason for that is very low top managers' competition in IT sphere and bad staff policy.
There are some steps to avoid the pitfall:
1. hire (top) managers that got excellent financial results and best reference letters; test the candidates using 3-rd party agency, no other better way; diplomas mean nothing in the country of curruption;
2. set measurable goals for the managers; check achievements every quarter using transparent data;
3. hire very good IT professional; test coming candidates (using 3-rd party agency or internal test policy); also see #1.
The truth is that best companies hire best professionals to stay the best.
Otherwise shareholders have losses quarter by quarter.
The reason for that is very low top managers' competition in IT sphere and bad staff policy.
There are some steps to avoid the pitfall:
1. hire (top) managers that got excellent financial results and best reference letters; test the candidates using 3-rd party agency, no other better way; diplomas mean nothing in the country of curruption;
2. set measurable goals for the managers; check achievements every quarter using transparent data;
3. hire very good IT professional; test coming candidates (using 3-rd party agency or internal test policy); also see #1.
The truth is that best companies hire best professionals to stay the best.