by Mpho Matsitse, Head of Industry & Value Advisory at SAP Africa Mpho Matsitse, Head of Industry & Value Advisory at SAP Africa JOHANNESBURG, South Africa, 21 July 2022 -/African Media Agency/- The pandemic and growing relevance of 4IR technologies continues to drive greater digitalisation across industries.
found that successful digital transformation projects created 66% more value and improved corporate capabilities by 82%. One in every two companies are also expected to generate more than 40% of their revenue from digital products and services in 2022, compared to one in three companies in 2020. Value advisory services quantify the value to be gained through outcomes such as revenue uplift, cost reduction, risk mitigation, and general business performance improvement. It aligns business transformation activities to a clear roadmap that prioritises quick time-to-value and clearly quantifies the net present value to be gained from such activities.
Firstly, value advisors spend the time understanding the problem statement or compelling event for change in relation to the broader strategic business imperative to be attained, key industry trends to be considered and a competitive analysis of market share in the said industry of the customer. ; half are outright failures. Value advisory as a discipline can bring about vital insights to the change management processes to help lower employee resistance to change, and accelerate the adoption of the new business capabilities to be unlocked during the business transformation process.