Transocean Unveils New Vision, 2011 Focus Areas

FIRST EXCELLENCE AWARDS
GALLERY: 11th Annual FIRST Excellence Award Meet and Greet

GALLERY: 11th Annual FIRST Excellence Award Ceremony

Deepwater Horizon Memorial
GALLERY: Memorial Sculpture Photos

NORWAY
GALLERY: Onboard the Polar Pioneer

GALLERY: Onboard the Transocean Leader

GALLERY: Around the Norway Office

PHOTO CONTEST
GALLERY: 2010 Photo Contest Winners

AROUND RIG
GALLERY: Vision Rollout – Shots from Global Employee Meetings (Houston)

GALLERY: Vision Rollout – Shots from Global Employee Meetings (Rio)

GALLERY: Vision Rollout – Shots from Global Employee Meetings (Cairo)

GALLERY: Vision Rollout – Shots from Global Employee Meetings (Mumbai)

VIDEO: Deepwater Champion – Pioneering Offshore Drilling

GALLERY: HR Open House

Transocean Unveils New Vision, 2011 Focus Areas

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Executives go on world tour to talk with employees, customers

It’s more than a new year at Transocean – it’s a new era. And kicking it off was President and CEO Steven Newman, who in January worked his way around the world to talk about our new vision statement, the focus areas that will help us achieve it, and what every Transocean co-worker can do to take our company to a whole new level of success.

THE VISION: “GO THERE” TO GET THERE

The new vision is all about service excellence and innovation, which is nothing new for the team of go-getters working at Transocean. Every day, all around the world, the Transocean team is known for “going there” for our customers and for each other – whether that involves drilling deeper, coming up with new solutions, keeping each other safe, or taking our services into new and unexplored territory. It’s this existing culture and our outstanding people that have always driven Transocean’s success.

But getting where we want to go – achieving our vision – also involves going to some of the places we haven’t wanted to go.

OUR VISION

Transocean will be universally recognized for innovation and excellence in unlocking the world’s offshore resources.

We will be our customers’ trusted partner and their preferred solution provider.

We will conduct our operations in an incident-free workplace, all the time, everywhere.

Our people’s passion and commitment to overcoming challenges will be our trademark.

We will deliver outstanding value to our customers, our employees, and our shareholders.

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Employees attend a vision rollout meeting in Brazil

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Employees attend a vision rollout meeting in Cairo

Employees attend a vision rollout meeting in Mumbai

“We’ve spent a lot of time turning over rocks and exposing the scary, squiggly things underneath,” said Steven. “In order to make our company an even greater place, we have to acknowledge some of the brutal truths that aren’t fun to address, and figure out how to fix things.”

You’ll hear a lot more about this in the employee meetings, as well as in our later coverage of the events (videos are available both online and in DVD format, and we’ll put another article into Beacon this summer), but the key focus areas have already been defined: customers, people and execution.

“These are the areas where we’ve identified specific improvements that are going to make Transocean a much better place for employees and customers, and will bring us closer to achieving our vision,” said Steven.

Some of it involves training – teaching our managers how to effectively manage and honing in on the skills needed to create more positive customer interactions – and some of it involves making our processes simpler, our communication more effective and our equipment more reliable. All of it will involve working together.

Coming Soon: New Vision/Values Posters, QHSE Statements, Key Expectations Posters

Here’s what you’ve got:
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Here’s what you’re getting:
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You’ve all seen the old posters hanging in Transocean’s offices and rigs worldwide, and it’s time to replace them (but please keep the black frames for re-use!).

Please be patient, the new items will take weeks to arrive at all locations. If you don’t see the new materials hanging up in your location by early summer, feel free to contact us at corporatecommunications@deepwater.com, and we will provide an update.

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