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ANNUAL REPORT - The Petroleum Institute

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<strong>The</strong> <strong>Petroleum</strong> <strong>Institute</strong> | Annual Report - Academic Year 2011 - 2012<br />

responsibility for our performance in all of<br />

our actions and decisions.<br />

••<br />

Transparency and Fairness<br />

We conduct ourselves and our affairs in an<br />

open, transparent and equitable effective<br />

participation. We seek and value individuals’<br />

input.<br />

Strategic Planning Timeline<br />

<strong>The</strong> timeline of the two phases of the PI<br />

Strategic Planning is depicted below:<br />

Phase I of Strategic Planning is completed<br />

and the targets of Phase II are accomplished<br />

by October 2012. <strong>The</strong> process is an inclusive<br />

exercise and participation at all levels is<br />

required for successful development and<br />

implementation. Once completed, the strategic<br />

plan will form a cornerstone in development of<br />

annual unit plans, guide development of annual<br />

targets, and clarify alignment of activities and<br />

initiatives needed to achieve goals spelled<br />

out in plan. Moreover, it is expected to help<br />

PI meet more effectively the expectations<br />

from ADNOC and Operating Companies as<br />

they turn to the PI to produce high-caliber<br />

engineers and innovative research solutions.<br />

24

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