Dell research: Over 90% of Vietnam businesses regard their people as their greatest asset for driving transformation projects

November 9, 2022
vi-lang Xem Tiếng Việt

Dell Technologies’ research from 40+ countries details how after two years’ of accelerated digital transformation business leaders are more aware than ever of the role that employees play in driving successful change

 

Vietnam – November 9, 2022

 

Story highlights

  • In Vietnam, 94% (APJ: 90%) of business leaders regard their people as their greatest asset
  • However, 43% (APJ: 67%) believe their organizations underestimate the people requirements when planning transformation programs
  • 72% (APJ: 77%) of all Vietnam employees say their business needs to provide the necessary tools and infrastructure to work flexibly, in a way that suits everyone

 

Full story

 

After two years of accelerated digital transformation, around half of IT leaders in Vietnam (APJ: 45%) say their organizations know what it takes to digitally transform a workforce, but after such rapid change, many employees are now facing a challenge to keep up the pace, according to a new Dell Technologies survey. 43% (APJ: 67%) of those surveyed in Vietnam believe their organizations underestimate how to engage with their people properly when planning transformation programs.

 

The results highlight how the recent period of rapid transformation is leaving businesses and their workforce in need of time to recharge, reflect, and refine before embarking on new or iterating projects. Despite the huge progress and efforts of the past few years, the research highlights how there is still a potential for transformation to stall as 71% of respondents in Vietnam believe it is their people’s resistance to change that can lead to failure. Over 53% (APJ: 62%) of Vietnam respondents fear they will be shut-out of the evolving digital world due to a lack of people with the right authority / vision to capitalize on the opportunity – this is when an as-a-Service model becomes a favorable option for many businesses.

 

“To build a better future that works for all, we need to recognize that business success and employees’ wellbeing are inextricably linked. Our latest research highlights that sustainable digital transformation happens at the intersection of people and technology. To achieve an effective breakthrough, organizations should consider a three-pronged approach. First, provide employees with consistent and secure work experiences, not defined by where they work. Second, help drive productivity by augmenting human capabilities with technology tools to allow employees to focus on what they do best. Lastly, inspire employees through an empathetic culture and authentic leadership,” said Amit Midha, president, Asia Pacific & Japan, and Global Digital Cities, Dell Technologies.

 

“The future of work has shifted and will continue to evolve as teams and individuals find a process that works for them. The foundation of successful hybrid work models will involve personalised, consistent, disruption-free experiences, and will rely on a human-centric IT strategy,” said Vu Tran, General Director and Country Manager, Dell Technologies Vietnam. “People need easy access to the right tools to get the job done, whenever and wherever they are working. Companies should ensure the necessary tools and infrastructure are in place to empower their employees in achieving success.”

 

Now is the time for organizations to take stock before embarking upon new digital transformation projects, ensuring their workforce is supported and has clarity on the next stage of implementation.

 

Benchmarking readiness for digital change

Dell and independent behavioral experts studied survey respondents’ appetite for digital change and found that only 7% of the workforce in Vietnam – from senior business leaders to IT decision-makers and staff – are pursuing modernization projects. Further, 35% of those surveyed from Vietnam are slow or reluctant to embrace change.

 

This is how the Vietnam workforce is comprised today:

 

Breakthrough benchmark APJ Data Vietnam Data
1 Sprint: Will chase innovation and trailblaze technological change. 7% 7%
2 Steady: Poised to adopt technological change, selected by others. 41% 58%
3 Slow: Inclined to hold back and observe/deliberate. 46% 32%
4 Still: Tend to anticipate problems and resist proposed technology innovations based on perceived risk. 6% 3%

 

 

The study charts a path forward. It signposts opportunities for businesses to focus and keep pace with transformation, with breakthrough happening at the intersection of people and technology along three frontiers:

 

  1. Connectivity

Businesses performed tremendous feats to connect, collaborate, and conduct business online during the pandemic. But they are not finished.

 

72% (APJ: 77%) of respondents in Vietnam say they need their organizations to provide the necessary tools and infrastructure to work anywhere (along with the autonomy to choose their preferred working pattern). In fact, they worry their people might be left behind because they do not have the right technology to shift to a highly distributed model (where work and compute are not tied to a central place but occur everywhere).

 

The technology alone is not sufficient. Businesses also need to make work equitable for people with different needs, interests, and responsibilities, including the 75% of Vietnam employees would like their organization to do any of the following:

 

  • Clearly define their ongoing commitment to flexible work arrangements and the practicalities of making it work
  • Equip leaders to effectively and equitably manage remote teams
  • Empower employees to choose their preferred working pattern and provide the necessary tools / infrastructure

 

  1. Productivity

People’s time is limited and there are now too few qualified candidates for open roles. To address these strains, businesses can delegate repetitive tasks to automated processes and free-up people to focus on enriching, higher-value work.

 

At present, only 34% of the respondents in Vietnam say their work is stimulating and not repetitive. With the opportunity to automate more repetitive tasks, close to 79% of local respondents would look forward to learning new, sought-after skills and technologies, like leadership skills, courses in machine learning, or focusing on more strategic opportunities to elevate their role.

 

However, businesses with limited budgets are concerned they will not be able to advance their workforce and compete.

 

  1. Empathy

At their heart, businesses must build a culture, modelled by empathetic leaders, that treats people as their greatest source of creativity and value.

 

The research shows there is still work to do and empathy has to inform decision making – from simplifying technology for over 60% of local respondents who often feel overwhelmed by complex technologies, to tailoring change programs to individuals’ skills.

 

For more information, visit www.dell.com/breakthrough and read our research report.

 

Research Methodology:

Fieldwork was conducted by market research company, Vanson Bourne, from August–October 2021 across 40+ locations from all regions of the world.

 

Base: Dell Technologies conducted a survey with 10,500 senior business decision-makers, IT decision-makers and knowledge workers (employees involved in digital transformation) across 40+ countries. In Asia Pacific & Japan (APJ), 2,900 respondents across 11 locations were surveyed. The APJ locations include Australia, India, Indonesia, Japan, Malaysia, New Zealand, Philippines, Singapore, South Korea, Thailand, and Vietnam. In Vietnam, 200 respondents were surveyed.

 

Additional resources

 

Dell Technologies helps organizations and individuals build their digital future and transform how they work, live and play. The company provides customers with the industry’s broadest and most innovative technology and services portfolio for the data era. www.delltechnologies.com