Pre-Covid-19, a whopping 92% of companies feared they were getting disrupted. It is this more than the short-term effects of the pandemic that will determine investment returns for the rest of the decade, writes Malcolm Schembri
The opportunity/risk of digitisation is still under-appreciated by markets today. Even before COVID-19, structural drivers were relentless. According to a recently published Pre-Covid-19 survey by McKinsey, only 8% of companies believed at the time that their current business models remained economically viable if their industry kept digitising at its current pace. A whopping 92% of companies feared they were getting disrupted. Leaders in all sectors are effectively investing at scale in technology and analytics and using this as a competitive advantage. This is one factor we use to asse...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes