Methodology and Practical Test of Human Capital Assessment of Ukrainian Oil and Gas Enterprises in the Context of Sustainable Development

Abstract

This paper proposes and tests a methodology for evaluating the human capital of oil and gas industry enterprises. The methodology is based on previously developed mathematical and test tools, with enhancements to support decision-making in human capital development. The proposed methodology facilitates a comprehensive mathematical analysis of assessment results and provides analytical and graphical justifications for the approaches, methods, and models used in shaping personal development trajectories. These trajectories are tailored to the needs of individuals as bearers of human capital and consider its role in achieving sustainable development goals. Given the purpose of this study—to analyze the state and development opportunities of human capital in oil and gas enterprises using the authors’ assessment methodology—the presented approach aims to provide a comprehensive framework for evaluating and enhancing human capital in this key sector. This study includes a survey of employees of three groups of enterprises: NAFTOGAZ Group (Kyiv, Ukraine), Ukrainian private oil and gas companies, and enterprises of other sectors of Ukraine’s economy. A comparative analysis carried out via mathematical tools enabled a detailed evaluation of the collected data. The study conclusions highlight within-group and intergroup comparative characteristics of respondents based on calculated values and deviations in their intellectual attributes. These findings allow us to formulate a set of recommendations regarding the appropriateness of corrective actions and also validate the reliability and objectivity of the proposed human capital assessment methodology. This methodology may potentially help in strategic decision-making in the development of the gas and oil industry and allows for planning the changes in human capital necessary to ensure sustainable development