A wake-up call for Swiss firms.
Fonction | NEWS |
Small- and medium-sized Swiss companies cited scarcity of resources as the "megatrend" risk looming largest, according to results of the 2009 Credit Suisse Opportunities and Risks survey.
Following this year's study of 1,800 small- and medium-sized enterprises (SMEs) from all sectors of the Confederation, the sentiment is clear: "This is the only megatrend that is viewed as negative by the majority of the respondents, although the rating improved compared to the previous year," Credit Suisse economists said in a recent statement.
These economists asked Swiss SMEs for their views on six megatrends: demographics, globalisation, changing values, technological progress, the knowledge-based society, and the scarcity of resources. Scarcity of resources is seen as a clear negative, with four out of every five Swiss SMEs saying they expect resource costs to increase over next three years. And, those companies with more than 50 employees have less flexibility in adapting their daily operations to such price fluctuations than their smaller counterparts.
Last-year's oil price spike was a "wake-up call for Swiss companies", said Credit Suisse, adding the current challenges of high energy prices, an uncertain supply of raw materials and a shortage of talent in the labour pool are even expected to "grow more acute once...
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