Scandrill High-Grading Staff as Part of Cost Control Survival Strategy in Downturn- “The cost of stupid has definitely gone up.” Paul Mosvold, Scandrill President
Somewhat emulating its customers’ approach to cherrypicking well locations with the best potential returns, Scandrill has focused on high-grading staff amid costcutting survival strategies during a dowturn.
“When it is time to reduce staff, sometimes it is very tempting to keep someone who is not as efficient as someone else due to reasons other than performance,” Mosvold said. “When it came time to make these decisions, we let the performance ratings speak for themselves. First, we got rid of level D, then level C, and so on...When we go to potential customers we can tell them truthfully and honestly that they would have our ‘A-Team’ working for them.”