"Regret is an appalling waste of energy."
It's safe to assume that the author Katherine Mansfield wasn't referring to the oil & gas industry when she wrote the line above.
But nearly a century after she penned those words, the reality is that regret DOES drain lots of energy (and time and money and confidence) from oil & gas leaders and their various stakeholders.
Some of that regret is more headline-grabbing than others:
โข regret over hedges that led to billions of dollars in missed opportunities
โข regret over acquisitions that didn't pan out as planned
โข regret over the failure of corporate gambles (like the gambles Enron's leaders made over 2 decades ago)
And some of that regret is more under-the-radar:
โข regret over choosing a career in a different industry
โข regret over what to rename your O&G company to sound more ESG-friendly
โข regret over drinking too much a company Christmas party
All that being said, every day is filled with potential regrets of all shapes and sizes; and in this live episode of The Energy Detox, we dive into some practical ways you can prevent regretโbe it regret of a past decision; or fear of future regret as you face new choicesโfrom slowing you down, wasting resources, and leaving you, your team, or your organization stuck in a ruinous rut of regret.
The headline: ๐๐ฐ๐๐ง๐ญ๐ฒ ๐ฒ๐๐๐ซ๐ฌ ๐๐๐ญ๐๐ซ ๐๐ฉ๐ข๐ ๐๐๐ง๐ค๐ซ๐ฎ๐ฉ๐ญ๐๐ฒ, ๐๐ง๐ซ๐จ๐ง ๐ฅ๐๐๐ฏ๐๐ฌ ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ฑ ๐ฅ๐๐ ๐๐๐ฒ (CNBC)
The goal: to (๐)๐ซ๐จ๐ฐ, (๐)๐ซ๐จ๐ญ๐๐๐ญ, ๐๐ง๐ (๐)๐ฎ๐ฌ๐ญ๐๐ข๐ง success by pondering these 3 questions throughout your day:
๐ก In what ways are you unwittingly building a strategy upon a foundation of regret?
๐ก What insecurities are fueling your tendency to dwell on past decisions?
๐ก How can you help others reduce regret and make stronger, faster, and more confident decisions?
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