B S., Incorporated By Jennifer Rock And Michael Voss

B.S., Incorporated by Jennifer Rock and Michael Voss B.S. Incorporated is a new e-book by Jennifer Rock and Michael Voss, beneficial for followers of The Office and Office Space. Funny, insightful, and heartfelt, B.S., Incorporated is a really feel-good story about individuals discovering themselves and coming into their very own while concurrently skewering every side of life in Corporate America. It’s a guide that anyone in the business world will get a huge kick out of… After all, every job incorporates a certain amount of B.S Although it's a work of fiction, B.S. Incorporated attracts from the authors’ real-life corporate experiences. “After yet another mind-numbing, daylong meeting a few project, we fled to a bar patio within the shadow of our firm’s workplace constructing”, says Jennifer on the origin of the novel. “There, we drank to excess and swapped hilarious and heartbreaking tales about life in Corporate America. At that point we realized we had a narrativeâ€"actually, many storiesâ€"price telling, and we pink y swore that after sobering up, we’d write a book about our experiences.” Business Solutions, Inc. is in a state of chaos. While the staff spend their time rendezvousing in the stairwells, the CEOs are working their enterprise into the ground by way of the use of shady consultants. Will Evans, warehouse-worker-turned-white-collar-employee, is put in charge of implementing the consultants’ plans. Here he finds himself thrust right into a muddle of absurdity and duty that he by no means anticipated. When the plans push BSI to the brink of bankruptcy, Will groups up with Anna Reed, a corporate mercenary with heels as excessive as her ambition. He needs her crafty and courage to tug off his covert plan to save lots of the corporate. Can Anna, the consummate job jumper, find a reason to go all-in on BSI? Or is she better off bailing and letting the corporate go down in flames? “Anyone who has sat through a thoughts-numbing business assembly (and haven’t all of us?) will laugh o ut loud.” â€" St. Paul Pioneer Press “B.S. Incorporated stands with some of the best business novels in its genre.” â€" Midwest Book Review “One rollicking, irreverent, ‘I labored with these people’ sort of learn.” â€" Business View North America Magazine “Jennifer Rock and Michael Voss have written an extremely partaking learn that may have their readers laughing uproariously and turning the pages just as quickly as they can to be able to find out what happens subsequent.”â€"5 Stars, Readers’ Favorite “Funny as hell, with sharp observations and crafty insights. It reads like the best pleased-hour story you’ve ever heard.”â€" Matt Kramer, CEO, Saint Paul Area Chamber of Commerce “One of the 10 Best Business Books of 2016 â€" B.S., Incorporated offers a colonoscopy of the up to date company world.” â€" Wealth Management Jennifer and Michael have a shared ardour for storytelling that goes back â€" way back â€" to when Jennifer revealed haikus in her first -grade newsletter, and Mike entertained other children on the college bus along with his creative fiction. Not surprisingly, their jones for crafting a story fueled their particular person profession paths, the place every held roles in journalism, advertising, public relations, advertising and corporate communications. Jennifer and Michael had the great fortune to work for and with companies that spanned industries and impression â€" from privately held start-ups to Fortune 50 powerhouses to, now, their owncommunications company. Both authors reside close to Minneapolis where they work as audio system and consultants. They share their greatest stories during happy hour.B.S., Incorporatedis their debut novel. For more info, go to /. Readers can join with Jennifer and Michael on Facebook, Twitter, and Goodreads.

How Broadway swings memorize every part in a play

How Broadway 'swings' retain each part in a play How Broadway 'swings' remember each part in a play Broadway swings need to retain the lines, developments, and activities of numerous jobs inside the show they're taking a shot at. That can be very daunting.Ladders went to The People's Improv Theater and plunked down with Jake Keefe and Anna Dart, who are swings on the show Puffs - a spoof play set in the realm of wizardry - to discover how they tackle that task and on the off chance that they've at any point needed to go in front of an audience with almost no notification.

Sample Letters Accepting an Employees Resignation

Test Letters Accepting an Employees Resignation Test Letters Accepting an Employees Resignation From recruiting to terminating, there are numerous perspectives to overseeing representatives. One that is regularly disregarded is managing a representative leaving the organization. Representatives will leave for different reasons: to return to class, to proceed onward to various work openings, to travel, to raise a family, as a result of medical problems, or for any of various different reasons. Having an established policy set up to speak with representatives who are leaving the organization will assist you with handling a worker's takeoff in a positive, conscious way. Renunciation Policies Contingent upon the size of your organization, you might need to consider making a framework or procedure for handling resignation letters. Having a set arrangement for renunciations will look proficient and put both you and the representative calm. For some, organizations, making conventional leaving data flyers or parcels for representatives is a simple method to clarify the means of the change. At the point when a worker authoritatively leaves, they will look to you to talk about subsequent stages required to make the change a smooth one. It is your obligation to offer proficient partition administrations and to disclose things to the worker like notice requirements, final check appropriation, the status of representative advantages upon termination, and to build up their last date of business. Tips for Writing a Letter Accepting a Resignation One of the initial phases in a decent acquiescence strategy is to recognize that you acknowledge a representative's solicitation to leave. Commonly, the representative will send you a conventional letter of abdication. You should then react with a proper letter tolerating the renunciation. Here are a few hints on composing an expert, formal letter tolerating a representative's abdication: Use business letter format. Because this is an expert letter, you ought to use business letter format for your letter. In the upper left corner of the letter, incorporate your contact data, the date, and the representative's contact data. Close the letter with your transcribed mark, and your name composed below.Accept the resignation. Your letter ought to educate the worker that you have gotten and acknowledged their abdication letter, and it ought to obviously express their official a day ago of work with the organization. Express understanding. Your reaction ought to show that you lament losing the worker, yet you regard, comprehend and value the hard choice the person has needed to make. You may likewise offer to give some help to the representative. For instance, you may offer to give a reference letter to that person. Notwithstanding, this offer is optional.Keep a record. Send one letter to the worker, and furthermore save one for the representative's document. You may keep the letter yourself, or, in all likelihood send it to your HR office on the off chance that you have one. It will permit you to keep up an away from of when the representative left the organization. Instances of Letters Accepting a Resignation Coming up next are two instances of letters from a chief tolerating a workers abdication. Utilize these guides to assist you with composing your own letter. Director Resignation Acceptance Letter Sample #1 (Text Version) Your NameTitleAddressCity, State Zip CodeDateEmployee NameAddressCity, State Zip CodeDear Firstname,Your acquiescence from your position has been acknowledged, powerful on May 15, 20XX as requested.I have no uncertainty you will keep on performing to your typical elevated expectations during your outstanding time with the company.It has been a joy working with you, and I want you to enjoy all that life has to offer later on. On the off chance that I can give a reference, kindly don't spare a moment to ask.Sincerely,Handwritten Signature (hard duplicate letter)Typed Signature Extend Administrator Resignation Acceptance Letter Sample #2 (Text Version) Your NameTitleAddressCity, State Zip CodeDateEmployee NameAddressCity, State Zip CodeDear Miles,It is with incredible lament that I officially recognize receipt of your abdication notice on June tenth. Your acquiescence has been affirmed and, as mentioned, your last day of work here at JQB and Sons will be June 30th.It has been a joy working with you, and in the interest of the group, I might want to wish you the absolute best in the entirety of your future undertakings. Included with this letter please discover a data parcel with nitty gritty data on the acquiescence process.If you have any extra inquiries, kindly don't stop for a second to contact the workplace. Much obliged to you again for your inspirational disposition and difficult work all these years. All the best,Handwritten Signature (printed copy letter)Typed Signature Grow

Can you be happy in an evil business - The Chief Happiness Officer Blog

Would you be able to be cheerful in a shrewd business - The Chief Happiness Officer Blog My Dutch Pal Erno Mijland poses an extremely intriguing inquiry: A week ago I watched the film Our Daily Bread which is a narrative on how food is delivered in Europe. It shows an industry wherein theres not a great deal of regard for plants and creatures: bunches of toxin, youthful chickens being tossed around, pigs moved in little boxes and so on and so on. Since I was somewhat arranged these pictures didnt stun me without a doubt. What shocked me, were the scenes wherein the laborers in this industry where appeared. Individuals demonstrating no feeling at all in what they where doing, enormous robotized lobbies where a laborer works (and snacks) alone, individuals doing mind tormenting dreary work throughout the day. It made me wonder: who might be upbeat grinding away in these sort of conditions? What an incredible inquiry. The simple answer would be No one. Nobody can be cheerful under these conditions. In any case, the fact of the matter is somewhat more convoluted. In the event that you havent seen Our Daily Bread and youre not nauseous, you can see a short clasp from the film here: Strikingly, Im at present perusing a book called Gig, which essentially comprises of meetings with working Americans. I simply read about the HR administrator in a slaughterhouse, who discusses a similar issue: A month ago, I employed eighty-five individuals and ninety-two remaining. That is normal. Were draining individuals. I recruit them and they leave Some individuals will stop fifteen minutes after they jump on the floor since it is so appalling to them. The meeting likewise has some realistic portrayals of workers strolling around in a few creeps of dairy animals blood No big surprise such a significant number of individuals quit! Yet, this isn't just about slaughtering bovines. Might you be able to be upbeat working for an organization that makes land mines? Or then again an organization that dirties the earth? Or on the other hand a tobacco organization? Or on the other hand working for Microsoft? Simply joking! The bigger inquiry is this: Can you be glad grinding away on the off chance that you profoundly accept that your work environment at last aggravates the world a spot? Here are a few elements to consider: 1: Mismatch among individual and friends esteems is an immense pressure factor At the point when your activity conflicts with your own qualities, youre in a troublesome circumstance. This implies, every day you are doing things that you cannot protect to yourself. This causes what we may call esteems pressure a sentiment of stress that originates from a contention of qualities. This can be just as genuine and harming as the old commonplace pressure that originates from being occupied. Regardless of whether youre not really making the land mines lets state youre simply the assistant this may weigh vigorously on you. Each and every day. 2: You can incidentally overlook this befuddle Nonetheless, you can shield yourself from managing this pressure factor basically by overlooking it. The human brain has a fabulous capacity to close things out and adjust. On the off chance that you so pick, you can basically shield yourself from understanding this is awful. You can concentrate on the great perspectives on your activity, mess around with decent associates, even still take delight from carrying out your responsibility well. Many individuals positively do this for some time, especially when they truly need the compensation. However, while it can empower you to be glad grinding away for a period, it's anything but a decent long haul system. Indeed, even CEOs are not insusceptible to this impermanent visual impairment. Here, Ray Anderson, the CEO of Interface the universes biggest producer of floor coverings, clarifies how he out of nowhere understood that his organization was terrible for the earth: it occurred to me that they way I?d been running Interface is the method of the thief. Pillaging something that isn't mine, something that has a place with each animal on earth. What's more, I said to myself ?wow, a day must come where this is unlawful, where looting isn't permitted. That is to say, it must come.? So I said to myself ?wow, some time or another individuals like me will wind up in prison.? Fortunately he made this acknowledgment and that he was in a situation to follow up on it and make Interface earth mindful. In the event that youre a representative of a malicious work environment, your primary alternative is likely to escape Dodge and secure another position you can be pleased with. 3: The higher your interest in the organization, the simpler it is to dazzle yourself What's more, Im not simply talking stocks. You can put away cash, yet additionally time and character in your work. The more you have contributed as of now, the harder it will be for you to understand that things are outright off-base. This explicitly implies the more you remain, the harder it gets the opportunity to leave. 4: Being a piece of an awful framework changes your discernment What's more, more than anything, the framework you exist fit as a fiddle your recognition. On the off chance that everybody around you acts like hello, going through your day knee-somewhere down in dairy animals guts is entirely ordinary or sure its OK to cheat about the organization funds everyone does it then youre bound to think so as well. The Milgram examination might be the most chilling token of this impact. In it, subjects were persuade that they were a piece of an investigation in discovering that necessary them to give another guinea pig electrical stuns. In all actuality the other individual was an on-screen character and no stuns were given. The investigation indicated that 65% of the subjects kept regulating always amazing electrical stuns despite the fact that the entertainer was shouting in torment and later on claimed to drop. The subjects were never forced in the event that they fought they were basically told in a quiet voice that The trial necessitates that you proceed or You have no other decision, you should go on. Heres part of Milgrams chilling end: Common individuals, basically carrying out their responsibilities, and with no specific threatening vibe on their part, can become operators in an awful dangerous procedure. Also, in any event, when the ruinous impacts of their work become obviously clear, and they are approached to complete activities incongruent with key measures of profound quality, moderately hardly any individuals have the assets expected to oppose authority. So when individuals in power instruct us to accomplish something that we know isn't right, when the whole framework just goes about as though deceptive, harming conduct is only the same old thing, a significant number of us are frail to stand up to. You may imagine that YOU are absolved from this, yet as a general rule were all dependent upon this impact. This is a piece of the explanation that the Enron embarrassment could continue for whatever length of time that it did, despite the fact that numerous individuals inside the organization should have realized that something was spoiled: everybody acted like everything was fine. As in The organization necessitates that you proceed. At last, it might even clarify something like Abu Ghraib. Whats your take? Have you at any point held work in a loathsome business? What did it do to you and your joy at work? Related posts: Never remain in a terrible employment. Fix it or leave. Instructions to lose your dread of being terminated. Discover your stopping point Step by step instructions to get a new line of work youll love A debt of gratitude is in order for visiting my blog. In case you're new here, you should look at this rundown of my 10 most famous articles. Furthermore, on the off chance that you need progressively extraordinary tips and thoughts you should look at our bulletin about joy at work. It's extraordinary and it's free :- )Share this:LinkedInFacebookTwitterRedditPinterest Related

Bruce Halle Discount Tire Founder, Arizonas Richest Man

Bruce Halle Discount Tire Founder, Arizona's Richest Man Bruce Halle, the 87-year-old organizer and leader of Discount Tire, never set out to be a very rich person. At first when I was beginning the organization, I was 30 years of age, he once said in a meeting with the exchange distribution Tire Business. I was hitched. We had two youngsters. I was simply attempting to get by, you know, attempting to purchase bread and milk and pay the lease. That's it in a nutshell. I began that way. Halle established Discount Tire in 1960 in Ann Arbor, Mich., with what he says was only six tires â€" two new ones and four retreads, as per the 2012 Halle history Six Tires, No Plan. Before that, he'd remained alive on compensation from a Ford plant, vehicle sales center commissions, and advantages from the GI Bill (he served in the Korean War). He likewise owed $12,000 to Goodyear, and was falling off two other bombed adventures. I was trapped, he said by the book. I needed to open the tire business to get myself out of that mess. Today, Halle is worth $6 billion, as indicated by Forbes, which as of late distributed the most recent version of The Richest Person in Every State list affirming that Halle is once more the wealthiest individual in Arizona. Markdown Tire has 940 stores across 33 U.S. states, as indicated by an organization agent, utilizing 18,635 individuals full-and low maintenance. That makes it the biggest autonomous tire retailer in the U.S., and by certain records, the whole world. Halle revealed to Tire Business that he picked the name Discount Tire for his organization essentially in light of the fact that rebate inferred an arrangement. Everyone needs an arrangement, he said. Rebate Tire built up a triumphant plan of action by auctioning off-brand tires to America's developing white collar class, just as offering quality client care and parting with complimentary gifts like no-charge snow-tire changes. Halle opened stores across Michigan and the organization got known for peculiar promotions. In one, Halle and his then-accomplice, Ted Von Voigtlander, spruced up as Batman and Robin. In others, they claimed to be space travelers or characters from the old TV show Bonanza. Halle saw the developing populace in America's Sun Belt, so in 1970 the organization opened its first store in Phoenix. He immediately understood the locale's latent capacity, also its corporate tax cuts, and moved his family there. In any case, he likewise recognizes the job that karma played in the choice. It's not on the grounds that we were splendid or brilliant, Halle says in Six Tires , in regards to the transition to Arizona. We were simply fortunate. What's more, it's occasionally preferred to be fortunate over keen, since you're never that brilliant. In 1975, Halle chose to stay with the's peculiar advertisement custom alive by recruiting a Scottsdale advertiser to create a TV ad. The numskull spot featured Discount Tire's arrival approach by showing an elderly person moving up a pre-owned tire to a store and hurling it through a window. After thirty years it formally turned into the longest-running TV promotion ever, as per Guinness World Records. Halle says in Tires that the advertisement, while senseless, successfully passed on the organization's way of thinking: anybody can sell tires, however in the event that they get poor help, they won't return. Somewhere in the range of 1979 and 1984, Discount Tire significantly increased its impression to 110 stores, extending all through the South and mountain states and into California. In 1985 the organization opened 30 additional stores to at long last become the No. 1 autonomous tire organization in America. Obviously, during this period, numerous other tire contenders organizations started to sell or open up to the world. In any case, Halle says he never truly thought to be going down that street. We are drawn closer and we won't talk about it, in such a case that we talk about it, it will begin the bits of gossip, and we're not going to sell it, Halle says in Six Tires. These capital individuals, with all the cash they need to spend they need to purchase everything, except you realize what they do to organizations, they assault and loot. They truly do. It's horrendous what they do, so it's not on the plan. I won't talk about that. He likewise demands advancing and employing from inside, and shuns getting outside specialists. I won't go out and employ some MBA move on from whatever school, Halle revealed to Tire Business. If he somehow happened to enlist a pariah who has never stirred their way up through the organization, he should drive around to 700 stores and slap all of my folks in the faceâ€"that is truly what I've done to them, he said. Halle, while astoundingly well off, is a rehearsing Catholic and has a restricted preference for extravagance. His most whimsical belonging is the thing that Forbes depicts as without a doubt the most far reaching assortment of antique tire banners at any point amassed. It involves around 360 pieces that incorporate fine art by Toulouse-Lautrec; Leonetto Cappiello, known as the dad of current promoting; and Marius Rossillon, otherwise called O'Galup and the originator of the Michelin Man.

There are no barriers to entry the only thing stopping you is you

There are no obstructions to section â€" the main thing halting you will be you There are no obstructions to section â€" the main thing halting you will be you Would you like to realize the surest method to fall flat? It's to start accomplishing something, believe you're not succeeding, at that point surrender and accuse others or purposes behind why you haven't become an industry pioneer. The greatest reason I find from individuals who dispatch a business or new pursuit is this:There are such a large number of others better at doing what I do.There it is. Take that, print it out, place it on your mirror, or on your iPhone Notes and see that quote each day. It has some worth. Since all the time, it's actual. Truly, there are numerous others better at doing what you do. Such is reality. Learn to expect the unexpected. There are many preferred essayists out there over me. There are better business people. Better mentors. Better open speakers.And I acknowledge that. I'm content with that. Yet, from the second I propelled my instructing business two years back, just as my composition and talking professions, I made myself a significant promise: I guaranteed myself I'd never under any circumstance surrender. And afterward I guaranteed myself to never get debilitated that I wasn't the best, or that there were such a large number of others doing what I do. You have to guarantee yourself something very similar. I really accept this is similarly as essential to progress as having an extraordinary thought, continuing on through personal times and working hard.What about you? Do you end up getting debilitated too easily?Concern yourself with youI have the favorable luck of knowing and working with some incredibly effective individuals. I've trained CEOs of significant organizations, worked with startup authors, grown up with fruitful band artists, comediennes and supporters. None of these individuals at any point let the way that another person was doing what they were doing get in their way.Success doesn't occur incidentally. Watch out for the prize and don't think back. â€" Erin AndrewsThey continued rehearsing their specialty, grasped their gifts for what they were, and discovered motivation in good examples and examples of overcoming adversity they appreciated. They understood there are not many straight ways to progress, and by thinking outside the box and blending in new thoughts with a resolute hard working attitude, they accepted they'd manufacture their own way and make progress on their terms.Take this from Heidi Grant Halvorson, writer of the book, 9 Things Successful People Do DifferentlyIn numerous investigations we've had the option to show that when individuals consider what they're doing, regardless of whether they're stepping through a troublesome exam or something to that affect, or chipping away at an undertaking over weeks one after another … when (people)think about something they will enhance, that they will create over the long haul, that they may commit errors en route. However, that is OK since you gain from those errors, and after some time you'll truly come to ace this. Source: HBREntry into an immersed field is anything but a terrible choice. Having a unique thought, accepting that you can show improvement over every other person in the end, regardless of whether you're not equipped for it currently, is the best mentality for moving toward another endeavor. You can't feel that you're sitting around idly. This is the place you have to prepare yourself intellectually and genuinely with the goal that you don't wind up being yourself.And it's really why consistency, reiteration and faith in yourself matter. The main individual halting you will be you - it's not the business chiefs, it's not your apparent rivals who are on the excursion with you. It's you. I sat around idly in my previous years halting and beginning composition for sites like Bleacher Report and HuffPost. I didn't have what it required some investment to support myself to keep going.Have you found a comparative example in your life? Do you have gotten star-looking and concerning yourself a lot with how serious your field is? Regardless of whether you're attempting to dispatch another web based life application, hoping to fabricate an advanced media organization or maybe propelling another social insurance item, it would be ideal if you quit thumping yourself over why you haven't showed up yet.Eliminate barriersKevin Systrom and Mike Krieger could have never tried beginning Instagram by glancing around and seeing that Vine and Facebook as of now existed. In any case, they accepted there was a business opportunity for an online networking application that has now gotten one of the business heads in photograph and video sharing. It's changed the manner in which we expend and experience media.Here again from Ms. Halvorson is further fuel to assist you with building coarseness and persistence to not surrender or stress over what you don't have:We find that the individuals who need coarseness will in general be the individuals who accept that capacities are fixed, that you kin d of either win the DNA lottery or you don't. Furthermore, you are brought into the world shrewd, or you're brought into the world inventive, or you're brought into the world a decent pioneer or you're most certainly not. Thus when they experience trouble and things are trying to them, that don't come effectively, they rush to finish up, well, I surmise I'm simply not acceptable at this. I surmise I do not have this capacity. Thus they surrender. So coarseness truly is only in a general sense about keeping it together. Source: HBREnter the fight. Have an arrangement. Also, don't fret about the others who are now in your field. They're not blocking you. They're coincidentally improving you by compelling you to deliver your best item and buckle down. There are no boundaries to passage. Nobody is holding you up. Evacuate the psychological and enthusiastic snags, and you'll wind up making really wonderful work.Get started!Join my newsletter and look at my book, The Value of You. This wi ll give you motivation to begin making arrangements for progress on your journey.This article first showed up on Medium.

Blockchain in the Oil and Gas Industry

Blockchain in the Oil and Gas Industry Blockchain in the Oil and Gas Industry 27 Jul 2018 Laura Brownhill Digital supply chain integration is becoming increasingly dynamic. As blockchain continues to evolve from pilot tests to real-world platforms in 2018, supply chain management is set to be transformed completely by this distributed ledger technology. Efforts are already being made in this direction, for example, joint venture by IBM and Maersk to deploy a blockchain-based electronic shipping system that will digitize supply chains and track international cargo in real time. According to recent studies, the global blockchain supply market is expected to grow from $145 million in 2018 to $3.314 billion in 2023 which reflects an 87% compounded annual growth rate. With the phenomenal growth projected in the next few years, it is important to understand how this technology will disrupt supply chains - especially in the oil and gas industry.   What is Blockchain While the most prominent use of blockchain is in cryptocurrency, the reality is that blockchain --essentially a distributed, digital ledger - has many applications and can be used for any exchange, agreements/contracts, tracking and, of course, payment. Blockchain serves as a shared database that eliminates the role of third parties in transaction processes and information sharing. As a result, technology, inventories, contracts, payments and other data is shared directly between parties with encrypted connections. Speaking in terms of the oil and gas industry, commodity exchanges on blockchain can support oil and gas trading directly between parties anywhere in the world while removing the role of banks, brokerage firms or other intermediaries. Due to the complexity and significant lack of transparency of current supply chains, it’s incredibly difficult for customers or buyers to truly know the value.  In a similar way, it’s extremely difficult to investigate supply chains when there is suspicion of illegal or unethical practices. They can also be highly inefficient, as vendors and suppliers try to connect the dots on who needs what, when and how. Because of these discrepancies, there is a growing interest in how blockchains might transform the oil and gas supply chain and logistics industry.   Blockchain in the Oil and Gas Industry Technological innovation on the operations side, such as hydraulic fracturing, 3D seismic and other extraction processes, has become the norm in the oil and gas industry.   The same degree of innovation has not been adopted for back office functions as the industry generally hasn’t brought much new digital technology to the supply chain, procurement, or finance aspects of the business. However, oil and gas executives began to show a wide-scale interest in blockchain as early as last year. According to a seminal Deloitte Consulting report published in 2016, 55 percent of oil and gas executives agree that blockchain is required to retain a competitive advantage, while 45 percent acknowledge its disruptive potential. In order to fill this gap, last year a number of oil and gas companies, including BP plc and Royal Dutch Shell plc, announced the creation of a blockchain commodity exchange. Trading on the blockchain platform is expected to begin by the end of 2018. Further application of blockchain technology has been carried out by Diamond Offshore Drilling, who announced the launch of their Blockchain Drilling service - the first application of blockchain technology in the offshore drilling industry. This service drives efficiencies and enables oil and gas operators to reduce their total cost of ownership   How could it help supply chains? The Deloitte report has highlighted four key areas of consideration which can help shape the discussion around blockchain in the oil and gas supply chain management area: Transparency Every transaction in blockchain is recorded on a block and across multiple copies of the ledger that is distributed over many nodes (computers).  If any attempts are made to try and modify data on a blockchain, the other nodes would note that the data doesn’t align with their own and disregard it. Thus, blockchain could increase the efficiency and transparency of supply chains and positively impact everything from warehousing to delivery to payment. However, it does involve issues, such as the standardizing of data between companies on a supply chain, storing data in a cost-effective way (since this can be very expensive) and protecting companies' confidential information on a platform intended to be transparent. These issues raise the question of whether it can provide the level of transparency required to achieve success while ensuring more efficient data and systemic security. Security Since every block links to the one before it and after it, there is not one central authority over the blockchain, which makes it extremely efficient and scalable. Storing data in fragments at multiple sites, rather than concentrating it one place, raises the prospect of enhanced data security even without a fully encrypted system. Efficiency Blockchain will provide a platform to classify all assets in a singular class. It will blur the boundaries between asset classes, resulting in cash, energy products and other commodities becoming digital assets trading inter-operably.  More value can be derived by not restricting activity to a  single asset class. A few other ways in which blockchain can promote the supply chain efficiency is by facilitating automation of import/export records and notifications, including triggers for beneficial tariff programs, and help prevent manual errors and redundant efforts as assets are processed. Contracts The sheer size and volume of contracts and transactions to execute capital projects in oil and gas have historically caused significant reconciliation and tracking issues among contractors, sub-contractors, and suppliers. To reduce the chaos, blockchain enables the creation of ‘smart contract’ - a computer code hosted on a blockchain that defines and executes the terms of an agreement between parties. A standardized contract for all stake holders involved in the supply chain has many benefits, such as verification, visibility, self-execution, clarity of agreement terms, fraud protection and connectivity. Removing third-party supervision and paper-based contracting because of smart contracts further reduces cost and overhead.   Conclusion There’s no getting away from the momentum being built by blockchain technology. Blockchain supply chain applications are already growing in other industries, notably retail and consumer goods; healthcare and life sciences; manufacturing and technology; logistics, and many more. We are already seeing some ‘real time’ examples of where Blockchain is being utilised in the oil and gas Industry.  So for the time being, watch this space.