According to a survey conducted recently at SAP Value Academy revealed that absolutely 100% of UAE based business leaders have identified technology as critical to their company growth strategy.
Other key observations at the event included the fact that while 70% of attendees do not use any formal value management practices, an overwhelming 100% viewed them as essential to supporting business and IT strategy alignment.
There was also a consensus was that the key innovation technologies on the agenda were related to mobility, customer relationship management and business intelligence.
“The Value Management methodology is intended to keep companies focused on choosing the right projects, clearly defining ownership and accountability for business results, and delivering on these agreed upon commitments,” said Sameer Areff Managing Principal, Value Engineering, SAP MENA.
The SAP Value Academy provides a forum for business leaders to learn the strategic approaches that enable companies to become best-run businesses. Companies consistently delivering on their commitments have used a value lifecycle to plan, build, attain, sustain, and improve their performance. The lifecycle requires discovering value potential, translating strategy to execution, realizing the value and finally optimizing performance and investments.