Andrew Marks, CIO, invited David and his selected experts from Naked Leader to help the IS Leadership Team to find a new way to assess IT investment and truly align it to business strategy. Whilst the answer of what we had to do was straightforward, how to achieve it was new territory.
The simple goal was to get back to business – to tie everything the IS team did to making or saving money for Tullow. And then inviting a Senior Leadership peer group to accept this new approach and make their own decisions to achieve the ‘best for Tullow’, no more, no less.
And together, we did it! More than $10million of capital spend was removed in the first year of adopting this approach. Tangible returns on investments have started to be measured. Projects are being completed. Resource numbers are being held back. Ideas that don’t make the grade are cut.
The IS Leadership Team feels fitter. The Senior Leadership are engaged. Tullow is stronger, as the model used by Andrew and his team is now being used elsewhere in Tullow to assess investment decision-making – so truly helping Tullow to get back to business.
David adds: “We are so humbled that a PLC have gone public – with all that involves – in acknowledging our partnership, achievement and result.”