Mission Statement…
What sets Petromed apart from other companies is the fact that it is a Passion… a Vision… as well as an exciting business. The management may command the limelight, but the real players stay largely behind the scenes – without all of them, success would not be possible.
“The people who run Petromed,” said Arlon Tussing, a senior economic expert in the fields of energy, “have proved over and over again there capability of coping with everything from success to disaster, man-management, budgetary discipline, technical understanding and the changing world and business market place in which they operate. They are very, very special and unique individuals.”
“Petromed goals are really not for the faint-hearted and to be in the oil industry in that region and competing at the pinnacle of business you really have to be prepared to just do everything it takes. Then when you think you have done everything, you’ll need to do more because it takes that much to be truly successful, and not just a winner.”
Where this is particularly vital in the E&P industry (oil and gas Exploration & Production) is in the need for quick decision-making. In our industry, everything happens at speed, and rapid decision-making is absolutely vital. Time is of the essence for our team, solving problems that have emerged and consistently making our operations more competitive, without compromising on safety or productivity or our vision. This required us to construct a business structure where decisions can permeate downwards clearly and quickly.
“Our company is build on foundations that are aligned with strong leadership and vision permeating all layers of management and decision making, we strive on feeling empowered, and being clear on what we do, then leadership and strategy flourish .” said Hagai Amir, Founder and CEO, “At PetroMed, the standards are set from the top, beginning with immaculate attention to detail – which is vital, but also a laser focus to ensure long term economic viability and integrity”.
We practice “lean Management Model (LMM)” as a method of streamlining decision making and insuring that the vision and the economic growth of the company are not burdened by over management; our resources are channeled and aimed to building PetroMed’s long term economic capacity. As well, we practice and strive to perfect “just in time delivery”, having a drilling platform or a seismic vessel arrive too early will cost large amount of vital working capital and numerous unproductive man hours, as well as, having it arrive too late will inflict similar burden on the company and its resources. Just in time logistics practices with exact specification at a competitive price is absolute key to PetroMed’s success and longevity.
With many millions of dollars if not billions at stake and lives at risk, the need for extremely dedicated management practices and team focus goes without saying. Beyond lean management we strive to excel ourselves in operational safety, security and disaster mitigation and management.
Because today’s environment requires multi country operation our management understands that good leadership requires great and reliable communication both inside and outside our organization. Management ensures complacency does not set in when the going is good, and developed the right structure and strategy to weather a storm. Success stems from the love of what we do and a desire to win at all costs. That passion comes from above and empowers everyone throughout our organization and beyond. PetroMed’s vision created a common goal that is a very powerful tool in the quest for success and will reward its investors and believers alike.
Is that not pretty much all-encompassing definition for success in business in this world as we know it?
