Pemex: Identifying and developing next-generation talent and leadership

Petróleos Mexicanos (Pemex) is identifying and developing next-generation talent and leadership through its Pemex Exploration and Production (PEP) subsidiary, which is incharge of the exploration and exploitation of petroleum and natural-gas reserves. PEP is working with every executive position to have at least three named successors with career and learning plans that address gaps in competencies. Talent management and employee-development activities are automated by a robust enterprise-class information system with sophisticated reporting that supports talent-management decision making. PEP licensed the integrated SumTotal Learning Management and TotalPerformance modules of the SumTotal Talent Development Suite. PEP has an advanced set of succession-management practices, including two different assessment tools to measure employee competency and potential. One of the principal tools developed for the succession planning process is the talent profile, an integrated view of all the information available for employees.