Friday, 26 May 2017

CIOs - Don't Go To Switzerland!

The 2017 survey, Navigating Uncertainty, conducted by Harvey Nash and KPMG contained many data points on a significant number of current issues. One of the surprising themes, however, was a general conclusion that CIOs in Switzerland may be having a rough time.

One of the few positive indicators was the fact that very few Swiss CIOs have changed job in the last year, which may have a negative interpretation too, if there are no opportunities to go to. Apart from that there were some rather challenging statistics.

Switzerland is bottom of a table of 24 countries for CIOs receiving pay increases. Only 14% received an increase.

Swiss CIOs are very likely to increase the level of outsourcing, sitting 8th out of 28 countries. Over 50% are likely to do this, incurring constraints on successfully pursuing a digital model.

Only some (just under a third) have received budget increases, placing Switzerland 25th out of 28 countries. Again makinf it dificult to pursue a transformational digital model.

At the same time, Switzerland ranks one from bottom in terms of the level of major Cyber attacks experienced by their businesses with over 50% having been attacked in the last 2 years. Additionally, Swiss CIOs rank above the global average in expecting political turbulence to affect their plans. This sits well above any Brexit influence.

One has to ask, what is going on in Switzerland and why?

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