VoiceOver users please use the tab key when navigating expanded menus

TAILORED WITH TECHNOLOGY

HOW READY ARE YOU?

The Economist Intelligence Unit, commissioned by ANZ institutional, surveyed over 750 executives across the technology, resources, energy and infrastructure, food, beverages and agriculture and financial services industries in eight key markets: Australia, China, Hong Kong, New Zealand, Singapore, United Kingdom, United States and India.

The survey, conducted in the spring and summer of 2019, was designed to capture insight into the role of technology in corporate growth, sustainability and the macro-economy.

Where are you located?

Australia
China
Hong Kong
India
New Zealand
Singapore
United Kingdom
United States
Other

What sector are you in?

Food, Beverage & Agriculture

Resources, Energy & Infrastructure

Financial Services

Technology

Other

QUESTION 1

How important will technology be to global economic growth five years from now?

MUCH LESS IMPORTANTMUCH MORE IMPORTANT
Move the slider to select your answer
QUESTION 2

Agree or disagree? The supply of technology products and services from the technology industry meet our demands.

STRONGLY DISAGREESTRONGLY AGREE
Move the slider to select your answer
QUESTION 3

What is your primary consideration?

Compared to your peers in Hong Kong, you are a forward thinking organisation, with an alignment score of 82.4% in Economy.

82.4%

Compared to your peers in Agriculture & Agribusiness, you are a forward thinking organisation, with an alignment score of 82.4% in Economy.

82.4%
QUESTION 1

How important will technology be to global economic growth five years from now?

You answered: More important.

MUCH LESS IMPORTANTHong KongMUCH MORE IMPORTANT
30.7
66.7
2.7
30.7
66.7
2.7
MUCH LESS IMPORTANTHong KongMUCH MORE IMPORTANT
QUESTION 2

Agree or disagree? The supply of technology products and services from the technology industry meet our demands.

You answered: Neither agree nor disagree.

Strongly DisagreeHong KongStrongly Agree
38.7
44.0
14.7
1.3
1.3
38.7
44.0
14.7
1.3
1.3
STRONGLY DISAGREEHong KongSTRONGLY AGREE
QUESTION 3

What are your primary consideration?

You answered: Company reputation

Hong Kong
Company age
18.7
Price
36.0
Company reputation
46.7
Company size
33.3
Company location
16.0
Ongoing development and investment in the technology/platform
49.3
Hong Kong
Company age
18.7
Price
36.0
Company reputation
46.7
Company size
33.3
Company location
16.0
Ongoing development and investment in the technology/platform
49.3
QUESTION 4

In what way does technology enable you to expand your business internationally?

QUESTION 5

Is your organisation ready to seize the potential opportunity presented by technology in terms of:

People

NOT YET READYVERY READY
Move the slider to select your answer

Processes

NOT YET READYVERY READY
Move the slider to select your answer

Efficiency

NOT YET READYVERY READY
Move the slider to select your answer
QUESTION 6

What is the biggest challenge facing your organisation in terms of harnessing technology?

QUESTION 7

How significant are corporate sustainability initiatives to your organisation today?

VERY INSIGNIFICANTVERY SIGNIFICANT
Move the slider to select your answer
QUESTION 8

What makes corporate sustainability important for your organisation?

QUESTION 9

At your organisation, what is the biggest expected benefit from technology as it relates to corporate sustainability initiatives?

Back

Economy

Back

Technology

Compared to your peers in Hong Kong, you are a forward thinking organisation, with an alignment score of 82.4% in Technology.

82.4%

Compared to your peers in Agriculture & Agribusiness, you are a forward thinking organisation, with an alignment score of 82.4% in Technology.

82.4%
QUESTION 4

In what way does technology enable you to expand your business internationally?

You answered: By making more market information available.

Hong Kong
By making trading across borders easier
18.7
By easing communication
36.0
By making more market information available
46.7
By increasing access to customers
33.3
By lowering costs of transporting goods and services
16.0
By improving data analytics
49.3
We do not plan to do business internationally
0.0
Hong Kong
By making trading across borders easier
18.7
By easing communication
36.0
By making more market information available
46.7
By increasing access to customers
33.3
By lowering costs of transporting goods and services
16.0
By improving data analytics
49.3
We do not plan to do business internationally
0.0
QUESTION 5

Is your organisation ready to seize the potential opportunity presented by technology in terms of:

People

You answered: Somewhat ready.

NOT YET READYHong KongVERY READY
30.7
66.7
2.7
30.7
66.7
2.7
NOT YET READYHong KongVERY READY

Processes

You answered: Very ready.

NOT YET READYHong KongVERY READY
30.7
66.7
2.7
30.7
66.7
2.7
NOT YET READYHong KongVERY READY

Efficiency

You answered: Not ready.

NOT YET READYHong KongVERY READY
30.7
66.7
2.7
30.7
66.7
2.7
NOT YET READYHong KongVERY READY
QUESTION 6

What is the biggest challenge facing your organisation in terms of harnessing technology?

You answered: Cost/funding.

Hong Kong
Organizational culture
18.7
Organizational culture
36.0
Company reputation
46.7
Complexity of data
33.3
Lack of employee skills
16.0
Lack of senior management awareness
49.3
Lack of processes
18.7
Cost/funding
36.0
Hard to determine return on investment
46.7
Risk
33.3
Regulation
16.0
Lack of technology standards
49.3
Lack of country infrastructure
49.3
Lack of organisational connectivity
49.3
Hong Kong
Organizational culture
18.7
Organizational culture
36.0
Company reputation
46.7
Complexity of data
33.3
Lack of employee skills
16.0
Lack of senior management awareness
49.3
Lack of processes
18.7
Cost/funding
36.0
Hard to determine return on investment
46.7
Risk
33.3
Regulation
16.0
Lack of technology standards
49.3
Lack of country infrastructure
49.3
Lack of organisational connectivity
49.3

Compared to your peers in Hong Kong, you are a forward thinking organisation, with an alignment score of 82.4% in Sustainability.

82.4%

Compared to your peers in Agriculture & Agribusiness, you are a forward thinking organisation, with an alignment score of 82.4% in Sustainability.

82.4%
QUESTION 7

How significant are corporate sustainability initiatives to your organisation today?

You answered: Significant.

VERY INSIGNIFICANTHong KongVERY SIGNIFICANT
30.7
66.7
2.7
30.7
66.7
2.7
VERY INSIGNIFICANTHong KongVERY SIGNIFICANT
QUESTION 8

What makes corporate sustainability important for your organisation?

You answered: It improves profitability.

Hong Kong
It is a legal or regulatory requirement
18.7
It improves profitability
36.0
It contributes to a positive brand image
46.7
It improves stakeholder sentiment
16.0
It helps to attract talent
49.3
Hong Kong
It is a legal or regulatory requirement
18.7
It improves profitability
36.0
It contributes to a positive brand image
46.7
It improves stakeholder sentiment
33.3
It helps to attract talent
16.0
QUESTION 9

At your organisation, what is the biggest expected benefit from technology as it relates to corporate sustainability initiatives?

You answered: Increased innovation.

Hong Kong
Reduced cost
18.7
Enhanced products or services
36.0
Greater access to customer data and better understanding of customer habits
46.7
Improved transparency
16.0
Decreased rates of fraud and abuse
49.3
Improved organizational regulatory compliance
49.3
Increased innovation
49.3
Improved revenue growth
49.3
Improved internal efficiency
49.3
Hong Kong
Reduced cost
18.7
Enhanced products or services
36.0
Greater access to customer data and better understanding of customer habits
46.7
Improved transparency
16.0
Decreased rates of fraud and abuse
49.3
Improved organizational regulatory compliance
49.3
Increased innovation
49.3
Improved revenue growth
49.3
Improved internal efficiency
49.3

Please select up to two markets to compare

Australia
China
Hong Kong
India
New Zealand
Singapore
United Kingdom
United States
All Markets

Please select up to two sectors to compare

Food, Beverage & Agriculture

Resource, Energy & Infrastructure

Financial Services

Technology

All Sectors

Back

Economy

Produced by The Economist Intelligence Unit.

While every effort has been taken to verify the accuracy of this information, The Economist Intelligence Unit Ltd. cannot accept any responsibility or liability for reliance by any person on this article or any of the information, opinions or conclusions set out in this article. The findings and views expressed in the article do not necessarily reflect the views of the sponsor.