Survey on Business Transformations in Switzerland
Business transformations are currently occupying many companies - regardless of whether they are SMEs or large enterprises. But how do you deal with change? How do you ensure that business transformations do not fail? A research project at the Lucerne University of Applied Sciences and Arts aims to find out with the help of a survey.
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Company transformations are reported in the business news on an almost daily basis. Digital transformation is currently on everyone's lips. But other megatrends such as climate change, demographic and social change, or rapid urbanization also require companies to change their previous business processes and models, in some cases radically. Company takeovers or a generational change in management can also be the trigger for far-reaching upheavals in the company.
Many business transformations fail
International studies report that over 70% of such business transformations fail. However, the extent to which companies in Switzerland are affected by such business transformations and, above all, how successfully they carry them out, is not well understood. This is exactly what the HSLU Wirtschaft is now investigating in more detail together with the Swiss Society for Organizational Development and Management SGO. As part of a survey, companies in Switzerland are asked to self-assess how well prepared they are for such business transformations, how successful the actual transformation is, and what critical transformation competencies they can draw on in the process.
Factors that must be met
Three factors play a decisive role if business change is to succeed: readiness, the basic organizational prerequisites, and the organization's capabilities for transformation. Readiness is determined by the ability and willingness of employees and managers. Organizational prerequisites are created by making the entire process of a business transformation part of the corporate DNA (from recognizing to sustainably anchoring identified changes). A company's capabilities for implementing transformations primarily relate to competencies such as strategic, project, people or change management. The HSLU study covers these central factors and provides information on how companies are positioned overall for mastering transformations.
Participate in the survey until March 20
Interested companies can participate in this survey until March 20, 2022. The survey can be accessed directly at this Link to find, or also about these Landing page. Participants are offered to receive a more detailed results report free of charge after completion of the survey, which summarizes the results of the Business Transformation Survey 2022 across companies and industries. Companies wishing to conduct a more detailed assessment of their own transformation capabilities in order to gain more in-depth insights into the subject matter can contact Jan Schlüchter, project manager of the Business Transformation Survey 2022.