• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Sunday, June 1, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

How DOT Methodology Can Transform Financial Analysis In Energy Sector — Faith Odum

by Kingsley Okoh
10 months ago
in Business
DOT Methodology
Share on WhatsAppShare on FacebookShare on XTelegram

A seasoned finance business analyst in the energy sector, Faith Odum, has spoken about her experience with DOT methodology, saying her innovative methodology has driven her success.

Advertisement

DOT Methodology stands for Data-Driven Decision Making, Operational Efficiency, and Transformative Leadership.

Speaking in a recent interview with journalists on what DOT methodology comprises, she said, “DOT Methodology stands for Data-Driven Decision Making, Operational Efficiency, and Transformative Leadership. This comprehensive approach has been instrumental in achieving significant improvements and driving success within the organizations she has worked for.”

Looking into how it all began, Faith said her career began during her undergraduate studies in Accountancy, where she became captivated by the intersection of financial data and strategic decision-making. She said this foundation led her into a career that spans over 12 years across the Oil and Gas, Construction, and IT consulting sectors. However, it’s her DOT Methodology that has truly set her apart in the industry.

Speaking on Data-Driven Decision Making, she avowed that at the heart of the DOT Methodology is the principle of Data-Driven Decision Making. Faith emphasizes the importance of using accurate and comprehensive data to inform strategic decisions. According to a study by McKinsey & Company, organizations that leverage data-driven decision-making are 23 times more likely to acquire customers and 19 times more likely to be profitable compared to their peers. By analyzing financial data and identifying key trends, Faith provides actionable insights that guide organizations towards more informed and effective decision-making processes.

RELATED

NMDPA Executive’s Outburst Against Dangote Refinery Threat To Nigeria, Africa — Analyst

Dangote Refinery Sustains US Crude Purchase With 5m Barrels

11 hours ago
Bala Wunti Exits NNPC, Reflects On Decades Of Impactful Leadership

Bala Wunti Exits NNPC, Reflects On Decades Of Impactful Leadership

11 hours ago

On Operational Efficiency, she said, “Another critical component of the DOT Methodology is Operational Efficiency. I have consistently focused on streamlining operations and reducing costs. A notable example of this is my work at an International Oil Company . By implementing a cloud-based platform, I transformed the company’s payment processing cycle, reducing it from 10 days to just 2 days and eliminating demurrage costs entirely. This initiative not only improved operational efficiency but also strengthened vendor relationships and showcased the transformative power of innovative financial solutions.”

On Transformative Leadership, she said Transformative Leadership is the final pillar of the DOT Methodology. According to her, her leadership style is characterized by fostering collaboration and driving change. She believes in empowering teams to embrace new technologies and methodologies, which in turn leads to sustainable growth and success.

She said, “My leadership has consistently led to the optimization of processes and the achievement of strategic goals across various sectors.”

She added, “To illustrate the DOT Methodology in action, let’s take a closer look at my transformative project at an IOC. The company faced significant challenges with its payment processing cycle, which was time-consuming and costly due to demurrage charges. I applied my DOT Methodology to address these issues.

On Data-Driven Decision Making, she said she began by conducting a thorough analysis of the existing payment processing data. She identified bottlenecks and inefficiencies that were causing delays and increasing costs.

Speaking further on Operational Efficiency, she said, “Leveraging my insights, I spearheaded the implementation of a cloud-based platform that streamlined the payment process. This new system automated many of the manual processes, reducing the cycle time from 10 days to just 2 days. As a result, the company eliminated demurrage costs, leading to significant cost savings.”

Through Transformative Leadership, Faith said she demonstrated a culture of collaboration and innovation. She worked closely with various stakeholders, including IT and finance teams, to ensure smooth implementation and adoption of the new platform. Her leadership helped to align the teams towards a common goal, resulting in a successful transformation.

She went further to state that her approach was supported by research on the benefits of digital transformation in finance. According to her, a report by Deloitte claims that digital transformation in finance can lead to a 17% reduction in costs and a 26% increase in efficiency.

Faith’s successful implementation of the cloud-based platform at the International Oil Company is a testament to these findings, showcasing the tangible benefits of applying the DOT Methodology.

She further said that her career in finance business analysis is marked by her innovative DOT Methodology. By emphasizing Data-Driven Decision Making, Operational Efficiency, and Transformative Leadership, she has consistently driven significant improvements and success in the organizations she has worked for. Her work at the IOC serves as a powerful example of the DOT Methodology in action, highlighting the transformative potential of this approach in the energy sector.

She said as she looks to the future, she remains dedicated to exploring new ways to leverage financial insights to drive business success, continually pushing the boundaries of what financial analysis can achieve in the energy sector.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Breaking NEWS: Nigerians can now earn in US Dollars, acquire ultra premium domains for low and sell for super profit. Our client acquired a domain for $3715 and got it sold for $42,000. Click here to see how you too can profit from the business.


Tags: DOT methodologyFaith Odum
SendShareTweetShare
Previous Post

Edo: Okpebholo Dedicated To Dev’t, Proactive Governance, Says Team

Next Post

Ethnic Youth Leaders Condemn Dissolution Of House Joint C’ttee On Oil Sector Probe

Kingsley Okoh

Kingsley Okoh

You May Like

NMDPA Executive’s Outburst Against Dangote Refinery Threat To Nigeria, Africa — Analyst
Business

Dangote Refinery Sustains US Crude Purchase With 5m Barrels

2025/06/01
Bala Wunti Exits NNPC, Reflects On Decades Of Impactful Leadership
Business

Bala Wunti Exits NNPC, Reflects On Decades Of Impactful Leadership

2025/06/01
NADF Unveils Gender-inclusive, Climate-smart Agric Finance Model
Business

NADF Unveils Gender-inclusive, Climate-smart Agric Finance Model

2025/06/01
Arewa Forum Praises Matawalle’s Peace Efforts In Sokoto
Business

Piracy: Minister Commissions 3 War Ships, Helicopters For Navy

2025/06/01
Eid-el-Fitr: 105 PalmPay Users To Get Free Smartphones
Business

PalmPay Empowers 1,500 Women Traders In Kaduna

2025/06/01
Abbey Mortgage Bank Pays N406.154m Dividend, Eyes Fresh Opportunities
Business

Recapitalisation: Abbey Mortgage Bank To Raise Additional N100bn Capital

2025/06/01
Leadership Conference advertisement

LATEST

Ex-Minister Resigns From Nasarawa APC

Anti-Tinubu Coalition Will Fail, Osun APC Chieftain Tells Atiku, Others

2 Die, 100 Arrested In France After PSG Champions League Victory Fracas

Speaker Abbas, Deputy Kalu Mourn 22 Kano Athletes

Tinubu Commissions New Naval Fleet To Boost Maritime Security

He Stood, He Served, He Inspired: My Tribute To Dr. Bala Maijama’a Wunti

Mixed Reactions As UDUS Seeks N13m Assistance From Public For Ailing Lecturer

Ogun Gov Donates N1m Each To Families Of Deceased Kano Athletes, Officials

MAAUN Partners 50 Varsities Across 21 Countries

Maths Meets Melody As Professor Drops Debut Album

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.