Group CEO of energy business advisors Douglas Westwood, Andrew Reid, himself an alumnus of the Robert Gordon University’s MBA course, returned recently to give current students the benefit of his experience in strategic analysis for the energy sector, using real case study examples of how strategic analysis is used to underpin decision-making.
Andrew began his career with an oilfield supplies company before joining investment bankers Simmons & Company in Aberdeen. This was followed by a period with Ernst & Young where he specialised on energy industry mergers and acquisition work in addition to valuations, strategic reviews, and corporate development projects.
He joined the board of Douglas-Westwood in 2007 and has since advised clients on deals totalling several billion dollars.
“It was great to return to AberdeenBusinessSchool and participate once again in university activities. I clearly remember benefiting personally from the insights of outside speakers and business leaders during my time on the MBA course.
“What was really encouraging was that in spite of it being an evening session and a very busy time for the students, we had a packed audience which was very engaged and made for an enjoyable and interactive session. My own take away was very positive and it highlighted the commitment and intellectual curiosity of what is undoubtedly a high quality student body.”
The students were also given the opportunity to hear from Mike Salter, former chairman of the board at RGU and currently non-executive director of marine services group James Fisher.
In the course of his career, Mike has also been the chief operating officer of offshore drilling and well services contractor Abbot Group plc, as well as chairman of the Scottish Chambers of Commerce, a non-executive director of Ferguson Group and non-executive chairman of Aim-listed CQS Rig Finance Fund and of SAR Gruppen.
Dr Ian Broadbent, module lead for Strategic Management on the MBA course, said:
“We were delighted to welcome Andrew and Mike back to RGU to share their hugely valuable experience and knowledge. Events such as these are a unique component of the MBA experience at RGU, illustrating to our students the “real life” industrial applications of the concepts they are learning on the course.”
Vipul Sharma, an MBA Oil and Gas Management student, added:
“These lectures give us new perspectives and enhance knowledge. Experience sharing with industry veterans helps us to make a correlation between academia and real world issues.”