Managing Director & Senior Partner
If people had doubts about the new capabilities that companies everywhere are implementing as part of digital transformations, the response to the COVID-19 crisis appears to have put them to rest. The vast majority of both managers and employees believe that these capabilities helped counter the effects of the pandemic and will aid businesses in getting back on their feet once the crisis is over, according to a new survey commissioned by Boston Consulting Group.
At the same time, people believe there’s room for improvement. A substantial portion of both managers and employees think that the pace at which their companies are transitioning to digital could be faster, and employees in particular feel that they could be more involved than they are, according to the survey. And both managers and employees are unsure of how the digital transformation will affect them personally when it comes to their jobs, career prospects, and pay.
The findings come from our recent poll of 5,250 managers and employees in France, Germany, the UK, the US, and China who work at companies of various sizes and in multiple industries.
Explore the slideshow below to see more detailed survey results.
More than three-quarters (78%) of managers and over half of employees (57%) we heard from think that their companies are in the midst of a digital transformation. Among the other noteworthy findings:
A majority of people surveyed believe more investment is needed to address the effects of the COVID-19 crisis, including support for remote work, client relationships, internal processes, and marketing.
The authors thank Patrick Rouvillois, formerly of BCG, for initiating this research.