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New SAP Study Shows Growth Depends on Digital Skills Investment

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by Angela Guess

A recent press release reports, “According to new survey results released by SAP SE, business leaders who have completed digital transformation projects across their entire organization report significant increases in employee engagement compared to those with more limited initiatives. Sixty-four percent of executives with broad-ranging digital initiatives say their employees are more engaged, compared with 20 percent among organizations that have completed transformation projects in single business areas. Successful transformation depends on people, highlighting the importance of workforce investments in driving digital business performance… ‘4 Ways Leaders Set Themselves Apart,’ a digital transformation executive study by the SAP® Center for Business Insight group and Oxford Economics, surveyed over 3,100 global business decision makers to examine the priorities driving digital transformation projects.”

The release goes on, “The results show stark differences between organizations that have completed transformation projects and those that have yet to adopt digital strategies: (1) Eighty-three percent of digital transformation leaders expect digitalization to change talent management over the next two years. That figure compared with only 37 percent of organizations that have yet to begin digital transformation. (2) Respondents who completed digital transformation projects across their business have a more crystalized vision of the potential benefit across their HR processes, with 71 percent saying digitalization will make it easier to attract and retain the best talent, compared with 54 percent of other respondents. (3) About 52 percent of the businesses that have undergone digital transformation projects said they planned over the next two years to create new roles to reflect technological imperatives, compared with only 32 percent of companies that have yet to undertake digital transformation.”

Read more at the SAP website.

Photo credit: SAP

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