Stefan Ries, the top official who presided in the briefing, said more and more companies are now realizing that the benefits of having SAP software greatly helps companies in many aspects, from accounting to inventory and even millennial.
Ries shared some important result of a survey-study conducted with the help of SAP. The study is done by Oxford Economics. According to the study, only half (52 percent) of executives say workforce issues drive strategy at the board level. Nearly 25 percent say that workforce issues are an afterthought in business planning.
Millennial, based on the study, rely more on formal training and mentoring to develop their skills, yet only half of companies have a mentoring program, and even fewer — 41 percent — say they offer incentives for pursuing higher education.
The official shared more on what SAP is doing to close this gap between millennials and the job market.
“Without SAP, the most important aspects needed to be proven will hardly be proven,” added the official at the briefing held at their main office in Global City, Taguig.
Although demand for skills in analytics, cloud, and programming/development is slated to grow sizably over the next three years, less than half of employees expect to be proficient with most of these technologies in three years, according to the study.
For example, while 51 percent of executives say analytics skills are well-represented in their organization, they also report that people with these proficiencies are the most difficult to acquire.
Ries said building strategic partnerships with universities in the Philippines and Asia to provide IT training to the next generation workforce is important for companies like SAP.
According to him, the company has been in the Philippines for over 20 years and its users can attest that the benefits brought by the software are very helpful.
It was also found out from the survey that employees of all ages rank competitive compensation as the most important benefit.
However, only 39 percent of executives say their company offers competitive compensation. Ries discussed about the expectations of the employees in Philippines and worldwide and what SAP is doing to make its employees in the Philippines happy.
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