Workday research finds A/NZ organizations are becoming leaders in digital agility

New research from Workday and IDC has revealed that Australia and New Zealand are emerging as leaders in digital agility. While digital agility is increasing overall in A/NZ, companies have also been found to lag behind in some areas.

Digital agility can be described as the ability of an organization to quickly adapt to business disruptions by leveraging digital capabilities. This is done to restore business operations and capitalize on changed conditions.

According to the latest IDC Workday Digital Agility Index Asia/Pacific 2022, Australian organizations have progressed to regional leadership in digital agility compared to organizations in other Asia-Pacific countries. They outperformed their counterparts in New Zealand and Singapore overall, ranking third in the IDC-Workday Asia/Pacific 2020 Digital Agility Index (DAI).

The A/NZ markets all showed significant improvements in agility attributes, with over 78% of organizations in Australia and 55% in New Zealand rated as leaders in agility. Organizations in Malaysia, Indonesia and Thailand saw the slowest progress in digital agility during the survey period.

The top 3 priorities for digital transformation in the A/NZ region have proven to be minimizing the impact of the big quit, becoming data-driven, and digitizing/transforming work processes.

Jo-Anne Ruhl, Vice President and General Manager of Workday for A//NZ, says that while progress is promising, companies must continue to embrace and face change with an open mindset and openness. innovation in mind.

“Organizations in Australia and New Zealand have made significant progress in assuming regional leadership in digital agility during the pandemic, but there is no room for complacency as national, regional and global competitors seize the opportunities that new technologies and models present to innovate, operate more efficiently and become destinations of choice for talented workers.

Research has found that more agile organizations have proven to be better prepared and able to deal with market disruptions by leveraging human, financial and technological resources to anticipate and respond to change.

Organizations were also evaluated based on four dimensions of digital agility: organization and culture, people, process and technology. Based on their scores, organizations were identified as leaders (agile/integrated stages) or followers (slow/tactical stages).

Across all dimensions of agility, leaders or leading organizations have made greater progress in scaling enterprise-wide digital transformation than followers or laggards. with 67% of organizations in Australia and 51% in New Zealand now coordinating digital transformation initiatives across the business. level.

Although a desire for change has been reported, 62% of organizations in APAC are still lagging behind in digital agility despite the increased adoption of technology during the pandemic. This was likely a result of the disruption caused by the COVID-19 pandemic which forced many organizations to accelerate their digital transformations, with some organizations lacking the proper resources and support.

“It’s no surprise to see increased technology adoption leading to improved agility,” says Lawrence Cheok, IDC’s associate research director for digital transformation.

“However, true digital agility is about capitalizing on change to thrive. To do this, organizations must emulate agile leaders and move from tactical transformations to enterprise-wide strategic transformations in their culture, people, processes, and technology implementation.

More than 800 senior HR, IT and finance executives from nine markets and 15 industries in Asia-Pacific were interviewed for the study.

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