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How will your business adapt in the changing landscape?

Riding the innovation curve in the face of the Fourth Industrial Revolution

In this short survey, we would like to hear your own views on the opportunities for expansion outside of domestic markets, particularly in light of the onset of the Fourth Industrial Revolution.

As a thank you for completing the survey we are giving away an Echo Dot (3rd Gen) Smart speaker with Alexa in a prize draw giveaway to one lucky participant. All participants will receive a copy of the summary results.

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* 1. Does your business operate outside your domestic market?

Yes

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* 2. If Yes, which regions are your priority and demonstrate the most potential?

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* 3. What level of investment would encourage you to expand overseas?

$5m

$10m

+$15m

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* 4. If cost was not an option, would you send your own staff overseas to grow the business or hire in-country?

Yes

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* 5. Do you have a three or five-year strategic plan in place to factor in the necessary changes to grow internationally and innovate?

Yes

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* 6. Are you planning to expand internationally in the future?

Not for the foreseeable future

Yes, in the next six to twelve months

Yes, in the next 12-18 months

Yes, in the next 3 years

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* 7. How would criteria for VC funding impact your global expansion plans? Are there any learnings you would be happy to share?

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* 8. The following regions are considered emerging areas for growth for technology companies: UK, Denmark, Norway, Finland, Sweden, China, Singapore and Japan. Are you currently operating in these regions?

Yes

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* 9. If Yes, which regions?

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* 10. If Yes, what areas are you focusing on now to prepare your business for overseas expansion?

People

Technology

Raising finance

Identifying markets

Other (please specify)

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* 11. If No, what is the main reason for not expanding thus far?

We are still working on growing our business in our domestic market

It requires a lot of financial investment and our business does not have the funding

Never considered this as an option

Due to political/economic barriers such as Brexit or protectionism in some markets such as US hold us back

We don’t have the team in place right now to take this initiative forward

It’s difficult for me to assess what would be the best countries to focus on first

Other (please specify)

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* 12. Are there any opportunities or challenges presented by technology which would affect your overseas expansion plans?

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* 13. If the Fourth Industrial Revolution can be characterised by a range of new technologies that are fusing the physical, digital and biological worlds, impacting all disciplines, economies and industries, what concerns do you have about the growth of your business in light of it?

I don’t feel I have a solid business strategy in place

I worry about where my business will get the necessary funding to invest in research and development

I am concerned about finding the right talent for my business

I worry that global tech companies have the advantage over smaller businesses like mine

Other (please specify)

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* 14. Over the past 12 months have you invested in R&D to drive your product offering in the market place?

Yes

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* 15. Do you think your existing finance function could manage multi-jurisdiction compliance?

Yes

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* 16. Where is your business headquartered?

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* 17. What is the turnover of your business?

>$10m p.a

>$25m p.a

>$50m p.a

+$50m p.a

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* 18. Lastly, we would like to send you a copy of the survey report so please provide your contact details below.

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Name

Company

Email Address