{"id":31074,"date":"2021-07-21T10:13:12","date_gmt":"2021-07-21T08:13:12","guid":{"rendered":"https:\/\/www.stocexpo.com\/?p=31074"},"modified":"2021-07-21T10:15:12","modified_gmt":"2021-07-21T08:15:12","slug":"the-scale-and-the-challenge","status":"publish","type":"post","link":"https:\/\/www.stocexpo.com\/en\/2021\/07\/21\/the-scale-and-the-challenge\/","title":{"rendered":"The scale and the challenge"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"31074\" class=\"elementor elementor-31074\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-800f046 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"800f046\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4e2120dd\" data-id=\"4e2120dd\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-79ffcd9a elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"79ffcd9a\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-3e9097b4\" data-id=\"3e9097b4\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1ffdcdd6 elementor-widget elementor-widget-theme-post-title elementor-page-title elementor-widget-heading\" data-id=\"1ffdcdd6\" data-element_type=\"widget\" data-widget_type=\"theme-post-title.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h1 class=\"elementor-heading-title elementor-size-default\">The scale and the challenge<\/h1>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11e53b22 elementor-align-left elementor-widget elementor-widget-post-info\" data-id=\"11e53b22\" data-element_type=\"widget\" data-widget_type=\"post-info.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<ul class=\"elementor-inline-items elementor-icon-list-items elementor-post-info\">\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-repeater-item-7a16641 elementor-inline-item\" itemprop=\"datePublished\">\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text elementor-post-info__item elementor-post-info__item--type-date\">\n\t\t\t\t\t\t\t\t\t\t<time>21\/07\/2021<\/time>\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t<\/ul>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-28b354c0 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"28b354c0\" data-element_type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-20a3734f elementor-widget elementor-widget-text-editor\" data-id=\"20a3734f\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><b>In the fourth of Tank Storage Magazine&#8217;s coverage of the \u2018Women in Tanks\u2019 series, Xiling \u2018Tess\u2019 Zhou talks about her affinity to the industry and the joy of an international community<\/b><\/p><p>It\u2019s fair to say that Xiling \u2018Tess\u2019 Zhou loves the tank storage industry, and she is a bit of a newcomer. Having spent much of her career with technology companies in the US and Belgium, she found herself looking for a new challenge in early 2015 and began to seek out meetings with companies in various industries. It was LBC Tank Terminals that caught her attention.<\/p><p>\u2018I felt an immediate affinity to the industry, because of its scale, international nature and the infrastructure itself,\u2019 she says. \u2018At LBC Tank Terminals, as group director of global project control, I looked over and supported a portfolio of large capex brown field and green field projects, as well as merger and acquisition (M&amp;A) and carve-out initiatives. To construct and operate complex assets at scale, with consistency, in a sustainable and predictable manner is an intriguing business challenge that I enjoyed immensely. Add to that the opportunity to work in diverse countries, with international teams, at a time when there were large changes, I was hooked right away.\u2019<\/p><p>SCALE AND CHALLENGE<\/p><p>The scale of the industry, she says, creates really interesting business challenges. While building a single tank on spec is relatively simple, it isn\u2019t so simple when the construction project involves several new tank pits, a jetty, truck, rail and pipeline infrastructure and connecting to existing infrastructure, not to mention management of diverse stakeholders and contractors, the need to meet speed, quality and budget requirements and (phew) all with a near-zero tolerance of safety incidents. And sometimes in a working terminal.<\/p><p>\u2018Similarly, in operations, doing something perfectly once is not difficult. Doing the same thing dozens of times a day, consistently and safely, every day for years, is an operational challenge that requires multi-dimensional design, ranging from training, education and skill development to how to design the infrastructure and imbedded technology in a way to facilitate and support the human action. I really enjoy solving these challenges with the team,\u2019 Zhou adds.<\/p><p>She also loves the international nature of the tank storage industry, with terminals strategically located around the world.<\/p><p>\u2018I grew up in Beijing, China, spent 16 years in the US, two years in UK and for the past 10 years have called Belgium home. For the majority of career to date, I worked with international teams from different countries. Working with, and learning from, colleagues with diverse backgrounds, ethnicities, and cultures is not only a privilege and pleasure, but also creates an environment where the team can leverage the richness of knowledge and experience to create innovative solutions. It has always been an amazing experience,\u2019 she says.<\/p><p>DAY TO DAY<\/p><p>Zhou is now a partner at Global PMI Partners, an international consulting firm that specialises in post-merger integration (PMI) services that help companies to optimise the result of<br \/>their M&amp;A activities. She joined the company in September 2020.<\/p><p>\u2018What I currently do on a day-to-day role in supporting clients is actually not too much different from what I did before, albeit in a compressed manner. My team and I support clients during a time of large change, where realising a deal rational means a complex balancing act to address operational, technical, technological, legal, communication and culture challenges, with a multi-disciplined team who often reside in different countries, speak different languages and have their own unique way of working. There is a lot riding on success of M&amp;A deals, and I have the pleasure to support clients to translate deal synergies to reality,\u2019 Zhou explains.<\/p><p>Of course, starting a new role in the middle of a pandemic has meant that many of the most fun aspects of the position \u2013 travelling to different countries, meeting new people face-to-face and visiting the assets, such as tank terminals \u2013 have not been possible. Technology has meant that she has still met new colleagues and clients, but not everything is possible via screen.<\/p><p>\u2018I do miss my safety walks and climbing tanks,\u2019 says Zhou.<\/p><p>TACKLING BIAS<\/p><p>Industry and big business as a whole, and not just the tank storage industry, is still male-dominated. In 2000, just two Fortune 500 companies were led by women. In 2020, that had risen to 37, but as Zhou points out, there is still a long way to go to parity. She has found throughout her career that women are treated differently.<\/p><p>\u2018In my experience, while the overt discrimination is becoming a rarity in the professional setting I work in, covert assumptions are present. For example, in meetings and conferences, men are still often assumed to be the decision makers. In a corporate setting, women are still more frequently assumed to be in business support functions, rather than in operational or technical functions. Some of these assumptions are simply out of lack of awareness, or historical roles, but things are changing,\u2019 she says.<\/p><p>With the expectation of both promoting diversity and being a role model, women in leadership can face a big responsibility but Zhou says this also represents a<br \/>big opportunity.<\/p><p>\u2018Women can and should be more vocal of our views and opinions. The women I work with often have a different perspective on risk and risk trade-off. This is not to say that they avoid risk, but they seek to mitigate and treat risk from multiple and different angles. It is precisely this difference that make women valuable in a project or leadership team. Similar applies to conflict resolution, negotiation and change management. We should not be staying quiet just because what we are thinking is different from what everyone else is voicing around the table,\u2019 she says.<\/p><p>\u2018We often build teams differently. We embrace diversity and flexibility, without losing sight of the end objective. We should embrace and champion that.\u2019<\/p><p>The best way to bring about progress is simply to keep at it. By carrying on doing a good job, raising awareness of gender equality and diversity and staying in the workforce, women pave the way for the ones that come after them. Keeping women in the workforce has traditionally been one of the biggest challenges, as societal pressures and motherhood take them away. Women are still the primary carers for both children and the elderly. Improving parental leave, childcare and elderly care support are obvious approaches, but companies need to step up too, Zhou says, with one move top of her list.<\/p><p>\u2018Address the gender pay gap. Be proactive and create a transparent plan to close it systematically. Transparency creates awareness and encourages understanding and cooperation. Closing the gap provides the economic incentive, so that women are more financially equipped to make choice themselves,\u2019 she says.<\/p><p>\u2018From a business perspective, I believe that this is an investment with attractive return. Commitment to diversity will incentivise employee engagement and increase employers\u2019 competitiveness on the talent market \u2013 these translate into project and operational excellence,\u00a0 Furthermore, the size and complexity of our industry means that project and operational blind spots can have substantial financial and ESG impact \u2013 a diverse and well-rounded team give us the best chance to reduce such risk.\u2019<\/p><p>Flexible work patterns are also crucial, something Zhou believes has been particularly important during the COVID-19 pandemic.<\/p><p>\u2018In addition to a global health crisis, the COVID-19 crisis can potentially interrupt years of gender parity progress given the impossible work\/home choices. By continuing commitment to the digitalisation and flexible work arrangement, our industry can help to minimise long-term COVID impact on workforce diversity,\u2019 she says.<\/p><p>INDUSTRY IN CHANGE<\/p><p>Zhou is optimistic for change, and thinks the wage gap will be closed within the next 20 years, with more and more female candidates for roles in operations and engineering. Though there is work to do, the return on the investment will be \u2018tremendous\u2019. The tank storage industry is also changing.<\/p><p>\u2018I see an industry that is more self-aware and is taking on more responsibilities not only to its direct customers, but also towards greater society in general. To compete successfully in this environment, the industry is opening up to diverse talents, not just gender, but also experience, background, race, and ethnicity,\u2019 Zhou says, adding: \u2018The companies I interact with are opening up to seize the opportunity.\u2019<\/p><p>The next 20 years, however, will see more changes than just better diversity. Zhou is already excited by the digital transformation she is seeing in traditional industrial infrastructure, which uses technology, tools and methodologies once reserved for tech companies, such as the use of big data to support automation and extract business intelligence. The tank storage industry has an opportunity to make a real impact.<\/p><p>\u2018As a society, we are facing tremendous climate challenges, and I believe that to achieve our ambition, scaling the solutions to industrial size is key, and the tank storage industry has the responsibility and opportunity to make significant contribution in the coming years,\u2019 Zhou says.<\/p><p>Zhou has a message for women aspiring to join the tank storage industry.<\/p><p>\u2018For women who are in the earlier part of their professional career: the industry is facing an incredibly exciting decade to realise our climate ambitions, you will be making a business impact as well as industry history. Tremendous challenges and opportunities await \u2013 it\u2019s a great time to join and make your mark!\u2019<\/p><p>\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-7360b72d\" data-id=\"7360b72d\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-c5bfd48 elementor-widget elementor-widget-theme-post-featured-image elementor-widget-image\" data-id=\"c5bfd48\" data-element_type=\"widget\" data-widget_type=\"theme-post-featured-image.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" 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class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm\" href=\"https:\/\/www.stocexpo.com\/en\/visit\/register-your-interest\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Register Now<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-4983a18 elementor-section-stretched elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"4983a18\" data-element_type=\"section\" data-settings=\"{&quot;stretch_section&quot;:&quot;section-stretched&quot;,&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-5f8228b6\" data-id=\"5f8228b6\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-785aed1f elementor-section-boxed elementor-section-height-default elementor-section-height-default elementor-invisible\" data-id=\"785aed1f\" data-element_type=\"section\" data-settings=\"{&quot;animation&quot;:&quot;fadeIn&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-inner-column elementor-element elementor-element-3b145dfc\" data-id=\"3b145dfc\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-24cd0682 elementor-widget elementor-widget-heading\" data-id=\"24cd0682\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Get social.<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-34e321d6 elementor-widget elementor-widget-heading\" data-id=\"34e321d6\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">#stocexpo #futuredelivered<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b88a91d elementor-shape-circle elementor-grid-0 e-grid-align-center elementor-widget elementor-widget-social-icons\" data-id=\"6b88a91d\" data-element_type=\"widget\" data-widget_type=\"social-icons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"elementor-social-icons-wrapper elementor-grid\" role=\"list\">\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-twitter elementor-animation-push elementor-repeater-item-6550970\" href=\"https:\/\/twitter.com\/StocExpo\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Twitter<\/span>\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fab fa-twitter\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-facebook-f elementor-animation-push elementor-repeater-item-2ea5aad\" href=\"https:\/\/www.facebook.com\/StocExpo\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Facebook-f<\/span>\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fab fa-facebook-f\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-linkedin-in elementor-animation-push elementor-repeater-item-f5eda18\" href=\"https:\/\/www.linkedin.com\/showcase\/stocexpo-&#038;-tank-storage\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Linkedin-in<\/span>\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fab fa-linkedin-in\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t\t\t<span class=\"elementor-grid-item\" role=\"listitem\">\n\t\t\t\t\t<a class=\"elementor-icon elementor-social-icon elementor-social-icon-instagram elementor-animation-push elementor-repeater-item-b98d648\" href=\"https:\/\/www.instagram.com\/stocexpo_tankstorage_events\/\" target=\"_blank\">\n\t\t\t\t\t\t<span class=\"elementor-screen-only\">Instagram<\/span>\n\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fab fa-instagram\"><\/i>\t\t\t\t\t<\/a>\n\t\t\t\t<\/span>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>In the fourth of Tank Storage Magazine&#8217;s coverage of the \u2018Women in Tanks\u2019 series, Xiling \u2018Tess\u2019 Zhou talks about her affinity to the industry and the joy of an international community It\u2019s fair to say that Xiling \u2018Tess\u2019 Zhou loves the tank storage industry, and she is a bit of a newcomer. Having spent much [&hellip;]<\/p>\n","protected":false},"author":85,"featured_media":20324,"comment_status":"open","ping_status":"open","sticky":false,"template":"elementor_header_footer","format":"standard","meta":{"_seopress_robots_primary_cat":"none","_seopress_titles_title":"The scale and the challenge | StocExpo Women in Tanks","_seopress_titles_desc":"The scale and the challenge. We are committed to addressing the challenges the tank storage industry faces today and in the future.","_seopress_robots_index":"","footnotes":""},"categories":[322,268],"tags":[],"edition":[],"class_list":["post-31074","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-homepage","category-in-the-news"],"_links":{"self":[{"href":"https:\/\/www.stocexpo.com\/en\/wp-json\/wp\/v2\/posts\/31074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.stocexpo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.stocexpo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.stocexpo.com\/en\/wp-json\/wp\/v2\/users\/85"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stocexpo.com\/en\/wp-json\/wp\/v2\/comments?post=31074"}],"version-history":[{"count":0,"href":"https:\/\/www.stocexpo.com\/en\/wp-json\/wp\/v2\/posts\/31074\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.stocexpo.com\/en\/wp-json\/wp\/v2\/media\/20324"}],"wp:attachment":[{"href":"https:\/\/www.stocexpo.com\/en\/wp-json\/wp\/v2\/media?parent=31074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.stocexpo.com\/en\/wp-json\/wp\/v2\/categories?post=31074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.stocexpo.com\/en\/wp-json\/wp\/v2\/tags?post=31074"},{"taxonomy":"edition","embeddable":true,"href":"https:\/\/www.stocexpo.com\/en\/wp-json\/wp\/v2\/edition?post=31074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}