DigiBarometer on board competencies
According to the DigiBarometer, only slightly more than one-third of SMEs consider their board of directors to have sufficient knowledge about digital transformation. The Chief Digital Community (CDC) consulting platform conducted the survey for the first time in collaboration with the Lucerne School of Information Technology. The survey shows that SMEs also have some catching up to do in terms of digital transformation.
The DigiBarometer examines the digital transformation in Switzerland. Old thought patterns and structures have to be broken, new approaches and business models have to be developed. The pressure to innovate and change is becoming a continuous challenge - also for Swiss SMEs.
Against this backdrop, the Chief Digital Community (CDC), in collaboration with the Lucerne School of Information Technology, conducted the DigiBarometer for the first time in 2018 to survey the situation of Swiss SMEs with regard to digital transformation. This survey provided important insights into the situation of Swiss SMEs in the increasingly digitalised world, with the aim of raising awareness.
- 97 percent see the digital transformation as an opportunity.
- 20 percent are successfully underway with digital transformation, 68 percent are partially successful.
- 70 percent have anchored digital transformation in their corporate strategy, and 13 percent plan to do so as well.
- 49 percent have sufficient know-how internally, while 29 percent do not yet have this.
- 56 percent give no answer regarding the location of experts for digital transformation within the corporate structure. 24 percent name the management for this purpose.
- 49 percent state that they have too few resources internally for digital transformation.
- 46 percent name products and services as a reaction area of digital transformation.
- 28 percent answered that their board of directors has a high level of knowledge, and a further 8 percent even rate this as very high. This contrasts with 38 percent who rate their board of directors as having a low or very low level of knowledge.
Conclusion: People, markets and society will change fundamentally. New technologies are forcing companies to radically rethink their business models and offer enormous growth opportunities. However, companies should also be able to take advantage of these opportunities. The direct consequence of mastering the digital transformation is an enormous effort, especially for existing companies.
