Shared services are accelerating and changing
Shared services organizations are in a unique position to transform cost structure and how services are delivered across the energy enterprise. The organization is reinventing itself and leaping into a new era enabled by IES.
The expansion and growth of traditional “back office” processes into shared services has accelerated oil and gas companies’ digital and innovation agendas.
With this continued momentum of improving and automating performance, IES leaders are also being asked to scale to enable enterprise-wide change beyond cost reduction.
Digital transformation is quickly becoming a pivotal part of IES organizations. As talent needs are rapidly evolving, organizations must redefine skill profiles to be successful.
Traditional end-to-end operating model process orientations, ways of working, governance and third-party partnerships are being challenged to change to become business and outcome orientations.
Summary of key findings
IES is becoming the catalyst for driving enterprise-wide transformation through technology, innovation and insights. Analysis of the 120 responses reveal:
IES continues to grow and evolve
IES is an emerging model being used to drive more value across the enterprise through technology, innovation and analytics. The opportunities to drive these tangible business and enterprise outcomes are limited only by enterprises’ willingness to seize on the opportunities. Among opportunities available to oil and gas companies: