Procurement Magazine July 2021 | Page 52

The energy company ’ s transformation leaders shed light on harnessing the power of digital for business performance and meeting their sustainability goal
bp

The energy company ’ s transformation leaders shed light on harnessing the power of digital for business performance and meeting their sustainability goal

bp has set out a new strategy to transform from an International Oil Company to an Integrated Energy Company focused on delivering solutions for customers . This is a major , necessary step in support of the company ’ s purpose to reimagine energy for people and the planet , and its ambition to become a net zero company by 2050 or sooner and help the world get to net zero . After more than a century defined by oil and gas , bp set out a strategy to become a very different energy company in the next decade .

So what does it take for an organisation with a rich heritage to remain ahead of the game today ? One of the answers is digital transformation . Nick Wright , bp ’ s global director of digital and innovation sourcing is a strong advocate of transformation for efficiency . He says the focus for his area of the organisation is sourcing complex or innovative technology deals in support of bp ’ s strategy . Nick states : “ Transformation isn ’ t just a change in process , for an organisation like bp that has years of legacy systems behind it , it becomes more of a mindset shift . There is a sense of reimagined purpose , given our ntentions to move from traditional oil and gas to clean energy , and to fulfill that purpose , it is important to transform and lead through innovation .”
52 July 2021