{"id":140157,"date":"2020-01-10T09:38:17","date_gmt":"2020-01-10T09:38:17","guid":{"rendered":"https:\/\/news.sap.com\/africa\/?p=140157"},"modified":"2020-01-10T06:39:12","modified_gmt":"2020-01-10T06:39:12","slug":"how-to-use-digital-transformation-to-create-a-more-sustainable-world","status":"publish","type":"post","link":"https:\/\/news.sap.com\/africa\/2020\/01\/how-to-use-digital-transformation-to-create-a-more-sustainable-world\/","title":{"rendered":"How to Use Digital Transformation to Create a More Sustainable World"},"content":{"rendered":"<div class=\"st__content-block st__content-block--text\">\n<p class=\"lead\">Business leaders solve multiple challenges every day. But are we prepared to solve the following? There are 7.7 billion people on the planet today. Already tomorrow, it will be 190,000 more.<\/p>\n<hr \/>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<ul>\n<li>Companies today are judged on the positive contribution they make to society.<\/li>\n<li>Concern is growing about how technology is affecting jobs, inequality, health, and security.<\/li>\n<li>Digital transformation changes how companies manage their relationships with the larger world.<\/li>\n<\/ul>\n<hr \/>\n<p>Indonesia announced plans to move its capital away from Jakarta as the city is sinking 25 centimeters per year due to rising sea levels and land subsidence, with underground water supplies being drained. The average income of the richest 10 percent of the population is about nine times that of the poorest 10 percent across the Organization for Economic Co-Operation and Development (OECD) countries.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>Not our business? Well, it is now. Solving today\u2019s biggest challenges requires all of us to act, no matter if in the economic, technological, societal, or educational field \u2013 because all our actions are interdependent.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>Critical minds might ask why companies should bother, with their primary reason being to make money. These critics should not underestimate the power of the consumer.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>Consumers today have access to more information than ever. They know exactly what they want, and they know how to get it. The best product at the best price is always available at their fingertips.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>But their criteria have changed &#8212; an increasing number of customers aren\u2019t just making decisions based on products or price anymore. They are closely looking into what a brand says, what it does, and what it stands for.<\/p>\n<\/div>\n<figure class=\"st__content-block st__content-block--image st__content-block--image-default\"><a href=\"https:\/\/blog.globalwebindex.com\/chart-of-the-week\/green-consumerism\/\" target=\"_blank\" rel=\"noopener noreferrer\"><img loading=\"lazy\" decoding=\"async\" class=\"static-image alignnone\" src=\"https:\/\/assets.weforum.org\/editor\/J-YG9rzLendiJckGBM9x0m2fyRnQxGxzqXqWXUBj5ks.png\" alt=\"\" width=\"1200\" height=\"638\" \/><\/a><figcaption><\/figcaption><\/figure>\n<div class=\"st__content-block st__content-block--text\">\n<p>It\u2019s the same with employees; they aren\u2019t just joining companies for the money. They choose companies that embrace their responsibility toward humankind and the planet. Put simply, companies today don\u2019t just prosper based on their financial performance, but on how they make a positive contribution to society.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>No matter where you look, concern is growing about how technology is affecting issues such as jobs, wages, inequality, health, resource efficiency, and security. These changes are altering the world so drastically that all companies need to undergo a transformation to avoid going extinct.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>This transformation means integrating digital technology into all areas of a business to fundamentally change how companies operate and deliver value to customers. While this might be a scary vision for some, it is one of the strongest drivers of change. Companies need to adapt their business models to remain in business.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>Technology and digitalization will help them achieve this with intelligent and highly agile digital supply chains that predict and respond to changes in the ecosystem to quickly capitalize on new opportunities and break down old barriers.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>To do so, it takes modern technology, flexible data management, and highly agile processes. Only then will companies be able to establish new business models that connect an ecosystem of partners together in an end-to-end value chain that makes life easier for customers.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>But transformation is also about a change of culture, which requires a radical rethinking of people, processes, and technologies. Becoming a digital organization means not only having digital products and services, but also powering core business processes and operations with technology. This often includes tectonic changes to tasks in a company and to the ways colleagues interact within the whole ecosystem.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>And just like a business cannot digitally transform unless \u2013 or until \u2013 its people transform, I believe that, while they come with their own environmental costs, technology and digitalization can play a crucial role in developing solutions for a better tomorrow.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>Just think about blockchain, with its incredible potential to add trust through traceability across food supply chains, helping manufacturers, consumers, and regulators alike. Artificial intelligence (AI) can empower people with disabilities, for example, by translating eye movements into program commands, or reduce bias in the hiring process. Smart cities work in conjunction with everything from sensors to open data collection and <a href=\"https:\/\/news.sap.com\/2019\/08\/signify-intelligent-streetlights-smart-cities\/\">smart streetlights<\/a> to provide better services and protect resources.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>This sounds easy, but it needs a lot of transformation. Transformation inside companies by integrating digital technology into all areas of their business. Transformation of a company\u2019s internal culture, with leaders setting the tone of a company, embracing change and embodying and instilling trust for and with their employees. Transformation of society\u2019s perception of technology.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>There is no doubt that technology and digital transformation break down silos and create transparent and unified data for objective decision-making. But even more so, they change how companies manage their relationships with the wider world.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>The <a href=\"https:\/\/www.linkedin.com\/pulse\/thoughts-world-disruption-christian-klein\/\" target=\"_blank\" rel=\"noopener noreferrer\">macro-environment is inexplicably and undeniably unpredictable<\/a>. If we want to create a cohesive and sustainable world, we must be able to look beyond corporate boundaries and toward the societies and communities in which we operate. We need to establish an ecosystem of trust in which we can unite and build bridges, a network of links that allows us to exchange ideas to create a safety net for the most marginalized, those who live in areas of conflict, those whose lives are being disrupted by the climate emergency.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>In the end, any transformation will succeed or fail with people. No amount of technology will save an organization without a competent workforce. Therefore, we must bring people in on this massive transformation toward a better future. As global citizens, we not only have rights, we also have responsibilities and obligations.<\/p>\n<\/div>\n<div class=\"st__content-block st__content-block--text\">\n<p>Let\u2019s seize the <a href=\"https:\/\/news.sap.com\/tags\/sap-at-davos\/\">time in Davos<\/a> to discuss and to collaborate, to foster change and to come up with an action plan on how our society is ready to advance. It is up to all of us to use technological advancements to tackle the world\u2019s greatest challenges and turn them into our biggest opportunities. The world depends on us to do so.<\/p>\n<\/div>\n<hr \/>\n<p><em>Christian Klein is co-CEO of 51风流SE.<br \/>\n<\/em><em><a href=\"https:\/\/www.weforum.org\/agenda\/2020\/01\/digital-transformation-more-sustainable-world\" target=\"_blank\" rel=\"noopener noreferrer\">This story originally appeared on the World Economic Forum website<\/a>.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Business leaders solve multiple challenges every day. But are we prepared to solve the following? There are 7.7 billion people on the planet today. Already&#8230;<\/p>\n","protected":false},"author":1295,"featured_media":140158,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"related_posts":[],"footnotes":"","_links_to":"","_links_to_target":""},"categories":[19013,294,13],"tags":[8246,5596171,8247],"series":[],"sapn-display":[45149,279685],"sapn-type":[45018],"class_list":["post-140157","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-corporate","category-events","category-sustainability","tag-davos","tag-sap-at-davos","tag-world-economic-forum","sapn-display-homepage-hero","sapn-display-hero","sapn-type-feature"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v26.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How to Use Digital Transformation to Create a More Sustainable World - 51风流Africa News Center<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/news.sap.com\/africa\/2020\/01\/how-to-use-digital-transformation-to-create-a-more-sustainable-world\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How to Use Digital Transformation to Create a More Sustainable World\" \/>\n<meta property=\"og:description\" content=\"Business leaders solve multiple challenges every day. But are we prepared to solve the following? There are 7.7 billion people on the planet today. 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