When you talk to a CEO or a CFO about the Preliminary Specification they quickly move to a supportive stance. It is there that they can see how they can operate their firm in a much easier and faster manner. When pressed for an expression of their support it becomes obvious of the power of the bureaucracy as the CEO or CFO back down in terms of their support for fear of a mutiny by the bureaucracy itself. The CEO and CFO have a ship to run, they can't run it without the bureaucrats who are operating it today. And so it is they back down and take the opposing side of the argument to ours.
It is however the CEO and CFO that I would count on as a key element of our “investor” class. These people will be the first to turn when the tide has changed and they will be the ones with the resources to make the commitments to People, Ideas & Objects, the user community and the service providers. It is also they who are the ones with the issues that are first and foremost in the industry. Whether that is natural gas prices or the resource restrictions in terms of the number of engineers and earth scientists. It is they who are the ones that are dealing with those issues and it is they who are the ones that will select the solution to the problem when the time has come.
The next cornerstone of our investor classification is the oil and gas investor. This individual, investment house, hedge fund or raider is of a size that they have established a material relationship with the oil and gas producers that they invest in. They are the ones that our competitive advantage of providing the oil and gas producer with the most profitable means of oil and gas operations will appeal to the most. That is their focus and that is their drive. Their concern is that the industry is not listening to the investor class and are occupied with stakeholders, that although should be of concern, are not material to the focus of the organization. These investors resonate with the Preliminary Specification and are not swayed by the concerns of the bureaucracy or its needs. It will be these people who assert the demands on the CEO and CFO to proceed with the developments of the Preliminary Specification when the time has come.
The last cornerstone of our investor classification is the people who work within the oil and gas producers themselves. And these may be people who are current members of the bureaucracy. As we stated yesterday, organizations don't change but people do, so we can only assume that bureaucrats can also change. Here we have people who are interested in a better way. Who see an opportunity to be a part of that better way by joining the user community and service providers. It is they as part of the investor classification who can invest their time and energy into that better way and develop a new means of earning a living from the oil and gas industry. All without ever having to leave it. The people are spending the time and energy on making the Preliminary Specification the system that it has the potential to be and in turn are draining the energy of the bureaucracy. No one really knows who they are or what their doing, other than in the long term, providing the oil and gas producer with the most profitable means of oil and gas operations.
So it is these three groups that make up our investor classification. Clearly we expect the money that supports the software developments and the user community to come from oil and gas production. Investment from the classic sources of investment funds is not what we are after. These are producer related issues, and producers incur the costs of ERP systems as a normal course of their business. Therefore the costs of these developments, the software and the user community, will need to be paid for out of the producers own revenue streams. Primarily at the direction and discretion of what we call our “investors.”
The Preliminary Specification provides the oil and gas producer with the most profitable means of oil and gas operations. People, Ideas & Objects Revenue Model specifies the means in which investors can participate in these user defined software developments. Users are welcome to join me here. Together we can begin to meet the future demands for energy. And don't forget to join our network on Twitter @piobiz anyone can contact me at 403-200-2302 or email here.