Workday’s study shines a spotlight on where APAC stands on digital agility

Agility is a business buzzword you hear more and more often these days. While the term may be somewhat overused, its proliferation reflects the growing understanding that a company’s ability to operate flexibly, to pivot to new processes or priorities to reflect market or consumer shifts, and to make smarter and more strategic decisions quickly and efficiently is absolutely essential in today’s competitive marketplace.

In business, as on sports fields, agility doesn’t just confer a competitive advantage; it can make the difference between wins and losses.

In recent years, the proliferation of new digital tools and technologies has made previously unimaginable levels of operational agility attainable across a broad spectrum of brands and businesses. Powered by enhanced connectivity and extraordinary new data gathering and data management capabilities, companies are able to leverage real-time information and new insights into more informed decision-making and swift and seamless operational/production changes.

A recent IDC-Workday Digital Agility Index Asia/Pacific 2022 study highlights the extent to which Asia Pacific (APAC) organizations have progressed in digital agility since the COVID-19 pandemic.

According to the study, 62% of organizations in APAC still lag in digital agility despite increased technology adoption during the pandemic. While only 38% of organizations are in the advanced stages of digital agility, progress is being made as this reflects an 18 percentage point increase when compared to 2020.

To unpack insights from this study, we spoke to Damian Leach, Chief Technology Officer, APJ, Workday who deep dived into the topic of agility and how CIOs can work closely with other functions to boost agility on an enterprise-wide level. During the conversation, Damian also shared three key things that business leaders need to do to accelerate their company’s digital agility journey.

Other topics discussed during the conversation include:

How Workday helps its customers succeed
Key insights from the IDC-Workday Digital Agility Index Asia/Pacific 2022
Three things that business leaders need to do to accelerate their company digital agility journey
The widening gap between leading and lagging enterprises in APAC countries
How CIOs can work more closely with leaders from other functions to boost digital agility on an enterprise-wide level