Professionals in Singapore believe that organisations are future-ready but there’s room for improvement, said Hays recently when releasing a survey report.
While 40% of respondents in Singapore said they could confidently describe their organisation as future-ready — the highest such score in Asia, 39% indicated that there’s still room for improvement in terms of future-readiness, according to the report, which is based on a survey of more than 9,000 working professionals across Asia this year.
When asked what could help increase the future-readiness of their organisation, the majority of respondents said digitalisation of processes (72%) and openness to change (72%), followed by increased training and development opportunities (67%), Hays noted.
These findings are in line with the regional average, with less than half of total respondents across Asia (37%) being confident that their organisation is future ready, and the majority saying that openness to change (71%) and digitalisation of processes (71%) is what will help their organisation get there.
Survey highlights: digital confidence, cloud adoption
- More than half of respondents in Singapore (58%) are confident their organisation’s current digitalisation journey is sufficiently placed to maintain relevancy in the next three to five years, up from 43% who thought so before the pandemic made landing.
- This growth in confidence is visible from the high levels of technology adoption in Singapore even before the outbreak: 72% of organisations had video conferencing software in place, a number that now stands at 85 per cent.
- 47% of organisations had remote working access in place, a number that rose to 76% after the outbreak.
- The use of cloud-based systems, however, only saw a moderate increase from 53% to 55%, indicating room for further investment.
- 68% of respondents also said cloud computing was important for them when considering a new employer, as compared to only 11% who thought so pre-covid.
- However, the overall acceleration has been promising and fitting of the majority of respondents (84%) who said their organisation’s digitalisation journey was important/very important to them, regardless of their role — a number that remained unchanged both pre and post-outbreak.
“While many organisations have seen accelerated digital transformation in the light of the pandemic, that the vast majority of working professionals believe their organisation’s digitalisation journey is very important to them, means that ongoing digitalisation will be a vital part of any organisation looking to stay relevant in the times to come,” said Grant Torrens, Regional Director for Hays Singapore.
Communicating well about this journey will also help keep employees engaged and confident in their workplace’s vision for the future, he advised.