Takeaways from the `Breaking the Silos` campaign in Switzerland

TL;DR

Breaking silos leads to increased collaboration, faster execution, and a focus on data integration for resilience.

Transcript

[Applause] it was really a campaign that we launched in in may because we wanted to invite decision makers in switzerland to shape up the discussion and before starting that i really gave a thought before hearing you as to what it means and why it's important to break the silos i wrote a blog at the time that you're um more than welcome to to go ba... Read More

Key Insights

• ❓ Buy-in for digital connectedness and collaboration increased across sectors.
• 🥺 Compression in buy-in time led to faster execution and agile decision-making.
• 🪡 Identification of managerial and technological silos emphasized the need for integration and collaboration.
• 🏛️ Data integration and cleanup are crucial for unlocking value and building resilience.
• 😎 Changing roles of CFOs and COOs highlighted their pivotal role in business recovery.
• 🈺 Building resilience involves revisiting business boundaries and fostering open collaborations.
• 🤗 Vision for a collaborative ecosystem with open governance and soft boundaries emerged.

Questions & Answers

Q: How did the campaign aim to encourage collaboration in Switzerland?

The campaign focused on breaking silos to invite decision makers to shape the discussion and foster collaboration and transparency to build a resilient ecosystem.

Q: What were the key takeaways regarding faster execution highlighted during the discussions?

Executives across industries noted that execution was fast and aligned with business continuity, showcasing agility and quick decision-making in challenging conditions.

Q: Why was there a focus on identifying and eliminating managerial and technological silos?

Participants recognized that managerial and technological silos were hindering value creation and business resilience, leading to a heightened awareness of the need for integration and collaboration.

Q: How did the role of CFOs and COOs evolve during the challenging period?

CFOs took on a broader role in decision-making and business continuity, showcasing their importance in driving organizational resilience and adapting to changing circumstances.

Summary & Key Takeaways

• Campaign launched to encourage collaboration among decision makers in Switzerland by breaking silos.

• Six round tables held with various sectors emphasizing buy-in for digital connectedness and faster execution.

• Discussion highlighted identification and elimination of dysfunctional silos, focus on data integration, and changing roles of CFOs & COOs.