Publications

Houston-based ConocoPhillips is an international, integrated energy organization. The organization is the second-largest U.S. refiner (the fourth largest worldwide), the third-largest integrated energy organization in the United States, and the seventhlargest holder of proved reserves as of December 2010. The organization operates in more than 30 countries globally. As of June 30, 2011, ConocoPhillips had annual revenues of approximately $244 billion and almost 30,000 employees worldwide. During 2012, the company plans to break into two separate energy companies – one exploration and production oriented (ConocoPhillips) and one company that will be made up of refining, pipelines, and chemicals (Phillips 66). This IPA paper describes our knowledge sharing (KS) approach at ConocoPhillips. We go into detail about our knowledge initiatives and use of lessons learned that have propelled ConocoPhillips’ current knowledge sharing and learning platform forward. At the end of this paper, readers will understand the rationale that has propelled Knowledge Sharing at ConocoPhillips to a world class level. ConocoPhillips recognizes the value of global knowledge sharing as a way to meet the company’s safety, environmental and operational challenges. Global collaboration within and across job functions and business units, including “streams” of our business, delivers significant cost savings, productivity and cash flow benefits. May 2012 marks the eight-year anniversary of the rebirth of ConocoPhillips’ Knowledge Sharing strategy. In the last seven years, the KS effort has attained numerous milestones, among them: enterprise-wide organizational status, external media attention and * ConocoPhillips multiple benchmarking requests from industry peers and others.