Opinions and outlooks of Swiss decision-makers on the economy
CEOs around the world
CEO's from Switzerland
82% of the Swiss CEOs are somewhat or very confident about revenue growth over the next twelve months. This optimistic assessment far exceeds global confidence, which can be attributed to various factors including the context of the Swiss economy.
With 36% of Swiss CEOs over-regulation is the biggest threat to growth of their company, followed by global trade conflicts (33%) and cyber risks (26%). But 66% of the survey participants consider themselves to be prepared for a crisis and 50% want to expand their workforce over the next 12 months.
How confident are you about your organisation's prospects for revenue growth over the next 12 months?
Sustainable growth should not be an end in itself for companies. At PwC we see it as an essential contribution of value to society, as healthy prosperity can only be maintained and developed in a prospering market economy.
50% of the Swiss CEO's think that cyber security and secure digital privacy in the private sphere contribute towards building trust.
85% of the surveyed CEOs consider the rising complexity of cyber risks and 66% the legal regulations governing cyber security and data protection as central issues for their cyber strategy.
How concerned are you regarding the economic environment?
Cybersecurity is an ongoing process. Because the dangers from cyberspace require comprehensive security thinking and measures that include communication channels, applications, and information in equal measure. Accordingly, cybersecurity is not just an IT task today, but a key issue in strategic risk management.
22% of the decision-makers in Switzerland see the definition of future roles and required core skills as the most challenging personnel-related task, while 69% are moderately or extremely concerned about the availability of these competences.
Nonetheless, most of the study participants have already started developing an upskilling programme (37%) or are slowly making progress in this area (36%).
Please rank the three greatest challenges your organisation currently faces in it's upskilling efforts.
The further development of digital skills is just as important as technological progress itself. It’s simpler and cheaper in the long term to grow the required skills internally than it is to buy them. Because most times what’s needed is not available or affordable.
51% of the CEOs surveyed in Switzerland are moderately or extremely concerned about climate change and environmental damage.
Clearly, the stakeholder groups’ expectations of company climate protection strategy are considered reasonable (74%) – but not lead to significant new product and service opportunities for their organisations (50%).
Sustainability is a highly complex requirement that goes way beyond the climate discussion, because it concerns the entire value creation circle and all the processes that shape market performance, including finance. The view of decision-makers should be just as comprehensive when they define their approach to climate change and assess how sustainable their line of business and their assets are.
CEO, PwC Switzerland
Tel: +41 58 792 44 72
Head of Marketing & Communications, PwC Switzerland
Tel: +41 58 792 1885
Head of Integrated Communications, PwC Switzerland
Tel: +41 58 792 1819