Orchestrating Value and Adoption: Key to Successful Digital Engineering Transformation

Together, Kamilah Jamil and Faidsal Farid will share their perspectives on the digital transformation within the Oil & Gas sector. They will discuss the challenges in fully realizing the value potential from these transformations, navigating complexities, heterogeneity, and varying maturity levels across initiatives. Their approach emphasizes an Integrated Value Office model as the custodian for all transformation efforts, ensuring alignment and accountability. They highlight the critical role of stakeholders in driving a "Business-led with digital support" strategy, garnering robust support from business owners and finance stakeholders. Central to their strategy is the pursuit of right value generation through innovative initiatives, prioritizing value hunting aligned with business objectives. Their framework, the Value Obsession Framework (VOF), outlines clear stage-gates for the value creation process, supported by well-defined Standard Operating Procedures to ensure effective governance and execution. 
 

1. Overview of the O&G sector's digital transformation 

2. Challenges in achieving full value potential from digital transformations (given the Complexity, heterogeneity, and maturity of transformation initiatives) 

3. Our Approach: Integrated Value Office as custodian for all initiatives 
Stakeholder is key: “Business-led with digitally support”. Gather substantial support and recognition from various stakeholders e.g., business owners, finance etc. 

4. Ensure that right value is generated from transformation initiatives. Value hunting as top priority when pursuing innovation and business objectives. 
Value Obsession Framework (VOF) clear stage-gates across the value creation process. 
Well-defined Standard Operating Procedure (governance process)