Nearly seven in 10 C-suite executives in Singapore saw technological change as a top external threat, yet less than half said they were prepared for it.

Only 46% feel prepared, whilst GenAI technical-skills readiness stands at 20%. Technological change was the leading external threat cited by 69% of C-suite executives in the first half of the year, but only 46% said they were prepared for it. On preparedness, RRA said the figures suggest that although businesses recognise the importance of digital transformation, capability-building is still ongoing. Cyber readiness was substantially higher, with 87% of the city-state’s executives saying they were prepared for cyber threats. Only 21% feel prepared to address uncertain economic growth, despite it ranking as a top-three threat,” RRA said.