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Building Resilient Businesses in Africa with Technology Risk Management

Date post: 22-Nov-2014
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A visual summary of the concept of Business Resilience and its importance from an African standpoint. It throws light on how businesses in Africa need to build resilience to adapt and grow in constantly changing business environments.
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BUSINESS RESILIENCE An Africa standpoint Forecasted GDP growth of 5.2% in 2014 (Source: World Bank) FDI and Infrastructure investments are surging AFRICA IN TIMES OF FAST GROWTH KEY FACTORS INFLUENCING SPEND ON RESILIENCE HOWEVER, RISKS TO FAST GROWTH REMAIN BUSINESSES NEED TO BE RESILIENT TO ENSURE Africa is extremely diverse and complex: Examples: Economic powerhouses – South Africa and Nigeria, Highest Literacy Rates – Zimbabwe Continuity of Processes Hyperconnected citizens are already making a significant difference to do business Increased political instability, terrorism and religious extremism is rife in Africa Africa clearly has a long-term focus on investing in technology to build a resilient business with 59% of CXOs suggesting increase in investment in the next 2-3 yearsand further With widespread adoption of technology and hyper-connectivity, business is becoming more viable Security Ensure continued growth INVESTMENT PRIORITIES KEY TECHNOLOGY DRIVERS HELPING BUILD A RESILIENT BUSINESS 73% 65% 54% Provides a framework to continually evaluate risks Adds potential value to business Build flexibility in the business model RESILIENCE Security is a less pressing concern for CXOs in Africa, compared to US, Europe and Asia 1 2 3 Having a Robust Business Continuity Plan 82% 75% 74% Information System Security Technology Meeting Customer Expectations WWW.WIPRO.COM CONSULTING | SYSTEM INTEGRATION | BUSINESS PROCESS SERVICES WIPRO LTD., DODDAKANNELLI, SARJAPUR ROAD, BANGALORE - 560 035, INDIA TEL: +91 (80) 2844 0011, FAX: +91 (80) 2844 0256 © WIPRO LTD., 2014 DO BUSINESS BETTER DIFFERENT FROM OTHER MARKETS
Transcript
Page 1: Building Resilient Businesses in Africa with Technology Risk Management

BUSINESS RESILIENCEAn Africa standpoint

Forecasted GDP growth of 5.2% in 2014 (Source: World Bank)

FDI and Infrastructure investments are surging

AFRICA IN TIMES OF FAST GROWTH

KEY FACTORS INFLUENCING SPENDON RESILIENCE

HOWEVER, RISKS TO FAST GROWTH REMAIN

BUSINESSES NEED TO BE RESILIENT TO ENSURE

Africa is extremely diverse and complex: Examples: Economic powerhouses – South Africa and Nigeria, Highest Literacy Rates – Zimbabwe

Continuity of Processes

Hyperconnected citizens are already making a significant difference to do business

Increased political instability, terrorism and religious extremism is rife in Africa

Africa clearly has a long-term focus on investing in technology to build a resilient business with 59% of CXOs suggesting increase in investment in the next 2-3 yearsand further

With widespread adoption of technology and hyper-connectivity, business is becoming more viable

Security

Ensure continued growth

INVESTMENT PRIORITIES

KEY TECHNOLOGY DRIVERS HELPING BUILD A RESILIENT BUSINESS

73%

65%

54%

Provides a framework to continually evaluate risks

Adds potentialvalue to business

Build flexibility in the business model

RESILIENCE

Security is a less pressing concern for CXOs in Africa, compared to US, Europe and Asia

1

2

3

Having a Robust Business Continuity Plan 82%

75%

74%

Information System Security

Technology Meeting Customer Expectations

WWW.WIPRO.COM CONSULTING | SYSTEM INTEGRATION | BUSINESS PROCESS SERVICES

WIPRO LTD., DODDAKANNELLI, SARJAPUR ROAD, BANGALORE - 560 035, INDIA TEL: +91 (80) 2844 0011, FAX: +91 (80) 2844 0256

© WIPRO LTD., 2014

DO BUSINESS BETTER

DIFFERENT FROM OTHER MARKETS

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