2025年颠覆指数报告：迎接生产力跃升 -AlixPartners Disruption Index Get ready for the productivity push

productivitypushWhenitreallymatters.sm2025AlixPartnersDisruptionIndex20252ContentsPage3Page602SummaryfindingsPage1803TheorganizationalresponsePage3004ThepersonalresponsePage3705AcceleratingrisksataninflectionpointPage4806ProductivityistakingoffPage5508WhatnextPagePage5809IndustriesAlixPartnersDisruptionIndex20253Ourfindingsinbrief2025:HighlightsLargest2025:Highlights+1indexincreasesyearoveryear+1DisruptionIndexup,DisruptionIndexup,afterfallingfor2yearsIndustriesExecutivesreporttheirbusinessisExecutivesreporttheirbusinessismorehighlydisrupted+7Media&-8Entertainment-8-4-4ConsumerProductsRegionsFranceVolatilityanduncertaintyhigherPoliticsreallydomatterVolatilityanduncertaintyhigher65%of65%ofCEOsManufacturingandsupplierfootprintsbeingadjustedasaresultofU.S.-Chinatensions63%Inflationtocontinuetoimpactbusinessesovernext2yearsSupplychainSupplychaindisruptionstobeagreaterchallengeinnext12months+1445%46%45%46%CybersecurityanddataprivacyatopthreatDeepfakesandcyberattackscitedas#1AIconcernCybersecurityanddataprivacyatopthreatDeepfakesandcyberattackscitedas#1AIconcern+20ThemajorityofcompaniesareEnvironmentalconcernscausingchangestobusinessstrategy76%adaptingtheirsupplychainsandpricingstrategies,andpreparingforpotentialdisruptionsinmaterialEnvironmentalconcernscausingchangestobusinessstrategy76%AlixPartnersDisruptionIndex20254CEOslessanxiousamidincreasingdisruptiondeMoredisruptde.67%CEOshighlydisruptedoverpastyear.67%62%Expectsignificantchangestobusinessmodelsovernextyear62%deiow43%Butlessdeiow43%...oesu43%45%BecaPersonallyfallingbehindinknowledgeandskillsetsWorryaboutlosingtheirjob...oesu43%45%Becanoitazinag41%47%ExecutiveteamlacksnecessaryagilityCompanyisnotadaptingfastnoitazinag41%47%arsEmployeesstuckintheirwaysarsadaeadaegnitpgnitpTheorganizationalresponse:BettercompaniesactboldlyAllothersGrowthandprofitabilityleadersAI,automation&roboticsarebiggestopportunities80%ofexecutivesatleastsomewhatoptimisticabouttheimpactofAIontheirbusiness61%primarilyfocusedonusingAItodriverevenuegrowth(with39%primarilyfocusedoncostreduction)significantbusinessmodelchangeinthenextyeartransfosignificantbusinessmodelchangeinthenextyeartransformativeormaterialacquisitionsoptimisticabouttheWillmakeWillmakeWillmakeWillmakeWillmakeWillmakedivestituresExtremelyimpactofAImaterialasahugeopportunity,with72%ofCEOsmaterialenvisioningthedeploymentofhumanoidrobotsatscalewithinthenext5yearsProductivitypressureison—andcompaniesareinvesting+8%Productivityisthe#1workforceissueIncreasingprioritytoinvestindigitaltoolsforautomationUpskillingasatopworkforceissueExecutivessayinghiringtechnicalworkersisgettingharderAlixPartnersDisruptionIndex20255Yousayyouwantarevolution?FromourExecutiveChairmanSimonFreakleyUncertaintyandvolatilityarerising,increasingstrainsonbusinessleadersandoperatingmodels.Aftersubsidingfromtheheightsofthepandemic,supplychainpressuresareincreasing.Workforceconstraintsaretightening.Thethreatsfromcyberattacksanddeepfakesaregrowing,asareregulatoryandgeopoliticalrisks.Butatthesametime,anunprecedentedrevolutioninnewtechnologies—fromcleanandabundantenergy,toparadigm-shiftingadvancesinhealthcare,toAI,automation,androbotics—isacceleratingproductivityandreshapinghowwelive,work,andcreatevalueforourcustomersandourshareholders.Almost90%ofCEOstellusthatproductivityamongtheircompany’semployeesisincreasing.TheyareoverwhelminglyoptimisticabouttheimpactofAIontheirorganization,and,byafactoroftwotoone,theyareapplyingthesetechnologiesprimarilytogrowrevenues,ratherthancutcosts.Undoubtedly,thishelpsexplainthatwhiledisruptionisup,soisconfidence.Agrowingnumberofcompaniesarebecomingmoreproactive,agile,andresilientinthefaceofanexternalenvironmentthatisinconstantflux.Nowinitssixthyear,theAlixPartnersDisruptionIndexexploreswhatthebest-performingandfastest-growingcompaniesandtheirleadersaredoingdifferentlyastheyanticipate,shape,andrespondtodisruption.Overtime,wehaveseenaconsistentpatternfromthesecompanies:Theyprioritizeexecutionandspeedtoresults.Theopportunitiesfromthisrevolutionarevast.Tomorrow’swinnerswillbethosewhopushhardesttoday.SummaryfindingsWeliveinaworlddisruptedbyescalatingrisksanduncertainties.Afracturingworldorderandrisinggeopoliticalconflictareinflictingadevastatinghumantollandunderminingthecollectivegainsfromdecadesofglobalization.Populationsacrossmuchoftheworldareagingrapidly,withprofoundimplicationsforhowweliveandwork.Cybercrime,disinformation,polarization,anddiminishedtrustininstitutionsarethenewrealityofourhyper-connectedexistence.Atthesametime,newtechnologiespromisetocreateopportunitiesforpeopleandcompaniesthroughfasterproductivityandeconomicgrowth,abundantandcheapenergy,andlongerandhigherqualitylivesthroughadvancesinhealthcare.AlixPartnersDisruptionIndex20257Disruptionistheneweconomicdriver.Whilemostbusinessesexperiencethisrealitythroughtheshockofimmediateeventsinthelonger-term,disruptiveforcesarefundamentallyremakinghowweliveandwork,and,withthat,howandwherebusinessescreatevaluefortheircustomers,employees,andshareholders.And,asweexploreinmoredetaillater,manyoftheseforces—fromtheinnovationandadoptionofAI,toshrinkingworkforces,tomoresustainableandabundantenergy,toglobalizationtrends—havereachedcriticalpointsofinflectionandaccelerationthatrequirebusinesses’immediateattention.Aswewitnessedthepaceofchangeanditsimpactonourclientsaccelerating,AlixPartnersbeganstudyingthesephenomenaoversixyearsago.WithourlatestAlixPartnersDisruptionIndex,wedelveintothebiggestchallengesthatover3,200seniorexecutivesfromaroundtheworldandacross10differentindustriesreportfacing,andexaminewhatthebest-performingcompaniesaredoingdifferentlytomitigatetherisksandpositionthemselvesfortheopportunitiesthatthisenvironmentpresents.Executivesreportincreasesindisruptionoverthepast12monthsandhigherrisksonthehorizon,areversalofthetrendfortheprevioustwoyears.Fifty-sevenpercentofrespondentsthisyearreportthattheircompanywashighlydisruptedoverthepastyear,up7percentagepointsyearoveryear.TheDisruptionIndex,whichisameasureofboththemagnitudeandthecomplexityofthechallengesbusinessesarefacing,wasup1pointthisyearto73.Theautomotive,mediaandentertainment,andtelecomindustriesreportedthehighestdisruptionthisyear,andbothGermanyandSwitzerlandreportedlargejumpsyearoveryear.AlixPartnersDisruptionIndex20258TheAlixPartnersDisruptionIndexDisruptionIndexScore(%highlydisruptedduringpastyear)Total76(62%)Total76(62%)72(50%)73(57%)Disruptionbyregion202320242025US72(47%)71(49%)71(50%)Canada70(51%)69(41%)71(50%)73(57%)70(46%)73(50%)Germany75(55%)68(39%)74(61%)France74(51%)65(37%)71(45%)Italy73(56%)71(42%)69(48%)Switzerland69(48%)67(37%)76(62%)Japan76(65%)70(35%)67(39%)China86(91%)83(79%)81(82%)SaudiArabia72(68%)72(61%)72(68%)73(53%)DisruptionbyindustryAerospaceAutomotiveConsumerproductsEnergyFinancialservicesHealthcareMediaRetailTechnologyTelecom20232024202577(64%)72(56%)73(56%)75(58%)72(45%)77(70%)82(71%)70(43%)74(57%)84(78%)74(51%)74(60%)73(57%)68(45%)69(51%)75(57%)75(57%)70(43%)77(57%)70(41%)76(62%)76(64%)74(54%)72(52%)73(52%)75(61%)73(55%)70(58%)73(50%)75(64%)ExpectsupplychainissuestobemoreExpectsupplychainissuestobemoreofachallenge12monthsfromnowchainconcerns,workforcepressures,geopoliticalconflict,andthepaceoftechnologicalchangeasfactorsdrivingdisruptionhigherthisyear.Forty-fivepercentofrespondentsexpectthatsupplychaindisruptionwillbemoreofachallengeinthenext12months,up14pointsfromlastyear.Forty-sixpercentsaytheyareshiftingtheirmanufacturingandsupplyfootprintbecauseofgeopoliticaltensions.Almostthree-quarterssaythattheircompanywillneedtoadjustitspricingstrategytorespondtosupplyanddemandvolatilityintheyearahead.21%ofexecutivesexpectthatitwillbecomemoredifficulttohire19%20%qualifiedworkers19%20%Whileabouthalfofexecutivessaythatitwillbecomeeasiertohirequalifiedworkersoverthenext12months,thenumberreportingthatitwillbecomemoredifficultjumped7pointsfromlastyearto21%.Aerospaceanddefenseexecutiveswerethemostlikelytoreportthathiringwillbecomemoredifficult(at27%).Thetopworkforceconcernwasemployeeproductivity,followedcloselybyinvestmentinAI/automationandtheneedfortraining.Topinternalworkforceissuesoverpast12monthsEmployeeproductivityNeedfortrainingorupskillingInvestmentinAIandautomationalternatives34%34%34%34%38%38%28%28%AlixPartnersDisruptionIndex202510BusinessleadersincreasinglyagreetheircompanyhasthenecessaryresourcestoinvestinBusinessleadersincreasinglyagreetheircompanyhasthenecessaryresourcestoinvestinnewtechnology(92%,up9pointsyearoveryear).However,60%feeltheircompanyhastoomanycompetingprioritiesforitsdigitalinvestments,and37%saytheircompanycan’tkeepupwiththepaceoftechnologicalchange.Technologyremainsattheheartofboththeopportunities(AI,connectiveinfrastructure,andadvancedmaterials)andthreats(cybersecurity)mostcitedbyexecutives.Thethreatimposedbydataprivacyandcybersecurity,inparticular,jumped20pointsoverlastyear.92%Agreetheircompanyhasthenecessaryresourcestoinvestinnewtechnology47%Regulationandtaxation46%Dataprivacyandcybersecurity-relatedissues44%Interestrates60%feeltheircompanyhastoomanycompetingprioritiesforitsdigitalinvesfeeltheircompanyhastoomanycompetingprioritiesforitsdigitalinvestments39%saytheircompanycan’tkeepupwiththepaceoftechnologicalchange71%Pervasiveconnectivetechnologyinfrastructure64%AIandmachinelearning56%TechnologicaladvancesinmaterialsAlixPartnersDisruptionIndex202511Inayearinwhichoverhalfoftheworld’spopulationwenttothepolls,itisperhapsnotasurprisethatpolitics,regulation,andforeignaffairsalsofeaturedprominentlyinexecutives’listsofconcernsIn2024,overhalfoftheworld’spopulationwenttothepolls56%areadjustinggrowthplansinresponsetoU.S.-Chinarelations47%56%areadjustinggrowthplansinresponsetoU.S.-ChinarelationstheirbusinessOverhalfofcompanies(56%)areadjustingtheirgrowthplansinresponsetoU.S.-Chinarelations,andjustunderhalf(47%)worrythattherecentU.S.presidentialelectionwillnegativelyimpacttheirbusiness.Threeinfour(74%)saythatnewtariffsarecausingthemtoadjusttheirstrategy.Whatislessworrisomeformostexecutivesistheprospectofarecession.Over80%saytheyexpecttheircompany’srevenuestoshowpositivegrowthoverthenext12months,with76%predictingpositivegrowthfortheirnationaleconomy,and68%positivegrowthfortheglobaleconomy.Lastyear,58%ofglobalrespondentsexpectedashort-termimpactontheirbusinessfromaneconomicdownturn,anumberwhichfellto38%thisyear.FrenchandGermanexecutiveswerethemostlikelytoexpectflattonegativegrowthintheircountries’economiesthisyear,at36%and29%,respectively.Overall,14%ofexecutivessaythattheyexpecttheircompanytopursuelayoffsthisyear,whichisup1pointfromlastyear(withinthestatisticalmarginoferror)butdown4pointsfrom2023.Atthesametime,43%saytheyexpecttohiremorefull-timeworkers,ajumpfrom34%ayearago.AlixPartnersDisruptionIndex202512butsoisconfidenceExecutivesmaybereportinghigherlevelsofoveralldisruption,buttheyaremoreoptimisticaboutfacingitschallenges.Followingyearsofpandemic,supplychaininstability,workershortages,inflation,andgeopoliticalconflict,businessesaremoreconfidentintheirabilitytomanagedisruption.Since2023,wehaveseendramaticdropsinthenumberofexecutivessayingthattheirexecutiveteamlacksagility,thattheiremployeesarestuckintheirways,orthattheircompanyisnotadaptingfastenough.Perhapsnotsurprisingly,thishasledtoequallylargedropinexecutives’anxietyoverlosingtheirownjobs.2025Oneothersourceofoptimismfromoursurvey:artificialintelligence.Overall2025Oneothersourceofoptimismfromoursurvey:artificialintelligence.Overall,80%ofexecutivesareoptimisticabouttheimpactofAIontheirbusiness,and61%areprimarilyfocusedonusingAItodriverevenuegrowth(with39%primarilyfocusedoncostreduction).Wewillgointomoredetailinthenextsection,butclearlymostexecutivespaintabrightpictureoftheimpactofthesetechnologiesontheirorganization.80%areoptimisticabouttheimpactofAI61%areprimarilyfocusedonusingAItodriverevenuegrowth39%areprimarilyfocusedoncostreduction81%39%2023IncreasinglydifficulttoknowwhattoprioritizeWorryaboutlosingmyjob-14%2024-11%-19%-19%-13%MyexecutiveteamlacksnecessaryagilityEmployeesatmycompanyaresetintheirwaysWorrythatmycompanyisnotadaptingfastenoughAlixPartnersDisruptionIndex202513PoliticsMatterRegulationandtaxation47%+21Dataprivacyandcybersecurity46%+20GeopoliticalconflictGeopoliticalconflictInterestratesconsumerprices45%+444%+341%+14Followingayearinwhichnearlyhalftheworld’spopulationwenttothepolls,andinwhichincumbentpartiesandpoliticiansinmanycountries(includingFrance,India,Japan,theUK,andtheUS)facedreversals,executivesareconcernedabouttheimpactofpoliticsontheirbusiness.Thesepoliticalrisksareamongthosethatarebeyondexecutives’control,andyetincreasinglydrivingtheboardroomagenda.Inthisyear’ssurvey,regulationandtaxationareexecutives’biggestconcerns,with47%ofexecutivescitingthemasathreat.Dataprivacyandcybersecurityfollow,asdointerestrates,inflation,andgeopoliticalconflict.Inallinstances,concernsaremateriallyhigherthanlastyear.Almosthalf(49%)ofexecutivesexpectantitrustactivitytolimittheircompany’sabilitytopursueitsstrategicgoalsoverthenext12months,and59%saythatnewregulationswillnegativelyimpacttheirgrowthstrategy.Theseconcernsvariedacrosscountriesbutweregenerallyconsistentlyhigh.70PERCENTAGE(%)PERCENTAGE(%)50403020100AntitrustwilllimitourabilitytoachievestrategicgoalsNewregulationswillnegativelyimpactourgrowthstrategyAntitrustwilllimitourabilitytoachievestrategicgoalsTotalUSCAUKGERFRITCHJPCNSAUAEAlixPartnersDisruptionIndex202514Ofcourse,oneofthemostconsequentialelectionslastyearwasintheUnitedStates.Priortotheelection,abouthalf(47%)ofexecutivessaidtheyexpectedtheU.S.electionstonegativelyimpacttheirbusiness,ledbythoseinCanada,China,Germany,Switzerland,andtheU.S.Interestingly,thesamenumber(47%)ofexecutiveswerealsoconcernedabouttheimpactofothernationalelectionsin2024.Automotive,aerospaceanddefense,andtechnologyexecutivesexpressedthehighestconcerns.Pre-electionPost-electionTheU.S.presidentialelectionwillnegativelyimpactmybusinessTheU.S.presidentialelectionwillnegativelyimpactmybusinessOthernationalelectionsin2024and2025willnegativelyimpactmybusinessOthernationalelectionsin2024and2025willnegativelyimpactmybusinessOthernationalelectionsin2024and2025willnegativelyimpactmybusiness706050403020100GlobalU.S.EuropeChinaJapanPercentage(%)Internationalgeopoliticalissuesarealsoincreasinglycausingashiftinstrategy,withU.S.-Chinarelationsandhighertariffsbeingthebiggestissues.Three-quarters(74%)ofexecutivessaythatnewtariffsarecausingthemtoadjusttheirstrategy,andoverhalf(56%)sayboththattheyareadjustingtheirgrowthplansinresponsetoconcernsoverU.S.-Chinarelations,andbecauseofforeignownershipregulations.ExecutivesintheU.S.,China,SaudiArabia,andFrancetendedtohavethegreatestconcerns.45%expectsupplychainissuestobeworse12monthsfromnow,up14pointsfromlastyearPercentage(%)Internationalgeopoliticalissuesarealsoincreasinglycausingashiftinstrategy,withU.S.-Chinarelationsandhighertariffsbeingthebiggestissues.Three-quarters(74%)ofexecutivessaythatnewtariffsarecausingthemtoadjusttheirstrategy,andoverhalf(56%)sayboththattheyareadjustingtheirgrowthplansinresponsetoconcernsoverU.S.-Chinarelations,andbecauseofforeignownershipregulations.ExecutivesintheU.S.,China,SaudiArabia,andFrancetendedtohavethegreatestconcerns.45%expectsupplychainissuestobeworse12monthsfromnow,up14pointsfromlastyearTheworldisgettinglessflatTotalUSCanadaGermanyFranceItalySwitzerlandJapanChinaSaudiArabiaWeareshiftingourForeignownershipregulationsForeignownershipregulationsarecausingustochangeourbusinessstrategyorrestrictingourfutureplansWeareadjustingourgrowthplansinresponsetoconcernsoverU.S.-ChinarelationsNewtariffsarecausingusWeareadjustingourgrowthplansinresponsetoconcernsoverU.S.-ChinarelationsNewtariffsarecausingustoadjustourstrategybetweentheU.S.andChina74%75%76%70%70%74%75%76%70%70%73%70%73%77%76%78%68%46%44%44%43%42%53%37%45%21%61%55%46%56%60%57%50%49%64%49%59%34%66%59%55%61%61%51%52%58%47%63%35%65%58%43%AlixPartnersDisruptionIndex202515ElectionoutcomesimpactstrategyandoutlookNeedtoincreasebusinessmodelchangeaccelerates(+15%)Concernsoverregulationfall(-9%)●Pre-election●Post-electionNote:Basedonasurveyof500executiveswithsimilargeographicanddemographicprofiletothemainsurvey,whichwasconductedNovember12–December2,2024.40%40%55%59%50%59%50%AnxietyjumpsOverall(+19%)UnitedStates(23%)China(+13%)Europe(+15%)17%17%36%23%23%46%21%21%34%15%15%30%RisingconcernsoverU.S.-Chinarelationswillcause:Newtariffsaffectingstrategy(+8%)Adjustmentstomanufacturingandsupplierfootprint(+27%)Changestogrowthstrategy(+23%)46%46%73%56%79%56%79%74%74%82%GrowthexpectationsslumpExpectpositiverevenuegrowthattheircompany(-8%)84%72%Expectpositiveglobaleconomicgrowth(-10%)68%58%BusinessleaderstakingmattersintotheirownhandsbyAndreasRueterandBeatrixMorathAlixPartnersDACHCountriesCo-LeadersremainshighlycorrelatedwiththatofGermany,whichisamajordestinationforSwissgoodsandservices,andSwisscompaniessharesomeofremainshighlycorrelatedwiththatofGermany,whichisamajordestinationforSwissgoodsandservices,andSwisscompaniessharesomeofthesamechallenges,particularlyregardingtheirworkforces.Executivesintheregionareincreasinglycomingtotherealizationthattheycannotrelyuponexternalfactors—includingthegovernment—tosolvetheseproblemsandhaveagrowingsenseofurgencytoaffectchangewithintheirorganizations.Thesesentimentscamethroughclearlyinthisyear’sDisruptionIndexsurvey.Asinpreviousyears,wesurveyed200executiveseachinbothGermanyandSwitzerland.Globally,thesetwocountriessawthehighestspikesindisruption,yearoveryear.SwitzerlandreportedthehighestdisruptioninEurope,withaDisruptionIndexscoreof76,closelyfollowedbyGermanyat74,whichwereup9and6points,respectively,over2024.Bothalsohadahighnumberofexecutivesacknowledgingbeinghighlydisruptedoverthepastyear:62%inSwitzerlandand61%inGermany,whichcomparestoaglobalaverageof57%.Thesehigherratesofdisruptionareclearlyspurringamuchgreaterwillingnesstotakeboldstepstorespondtoit.Thisyear,43%ofGermanexecutivesand42%ofGermanyhaslongbeentheindustrialcenterandgrowthdriverofEurope.However,foranumberofyearsbutparticularlysincethepandemic,economicgrowthhasprovenanemic,draggingtheentireDACHregionandindeedtherestofEurope.Germany’sGDPistoday5%smallerthanitspre-pandemicgrowthtrendsuggested.HigherenergycostsfollowingRussia’sinvasionofUkrainearepartofthereason,thoughmuchofthathasworkeditswaythroughthesystem.Laggingworkerproductivityandashrinkingworkforceareothercontributingfactors.Oneofthebiggestchallenges,though,istheGermaneconomy’sdependenceonexports,particularlytoChina.TheautoindustryisGermany’slargestandisfeelingthesepressuresacutely.GermanautomakerslongenjoyedenviablemarketshareamongChineseconsumersbutarenowfacingincreasingcompetitionfromdomesticChinesecompetitors,anenvironmentofrisingtariffs,andthedemandsaroundvehicleelectrification.whichareabovetheglobalaverageof40%.Butevenmoresignificantly,thesenumbersareup26%and62%,respectively,over2024.Companiesintheregionarebeingfacedwiththeurgentneedtotransformtheiroperatingandworkforcemodels,theirrelationshipswithcustomers,andtheirtechnologicalinvestments.Concernsaroundworkforceavailabilityandskillsarewidespread.Lowunemploymentratesincreasetheworkforcechallengesacrosstheregion.Switzerland,at30%,isparticularlyanxiousaboutfindingqualifiedmanagerialtalent.Also,perhapssurprisinglygivenhowwellSwitzerlandhasmanagedpastwavesofdisruption,Swisscompaniesarethemostconcernedabouttheirexecutives’abilitytohandledisruptions,with44%expressingdoubts–higherthanthe35%globalaverage.Germanyfollowswith37%,whiletheotherEuropeancountrieshadscoresinthehigh20s.Foritspart,SwitzerlandpacksmoreweightthantherelativesizeofitsGDPwouldsuggest,headquarteringsomeoftheworld’sleadingcompaniesinpharmaceuticals,luxurygoods,finance,andengineering,amongothers.However,itseconomyAlixPartnersDisruptionIndex202516companiesintheregionresponding?Germanyleadsinanticipationofpotentialdownsizingduetodisruption,with40%ofcompaniespreparingforthepossibility.SwitzerlandisacloseNo.2followsat38%.TheotherEuropeancountriesreportconcernsinthe20%range,belowthe34%globalaverage.Ingeneral,Swissmanagerstendtoreactearlyandtakechallengesseriously.Thishelpsexplaintheirincreasingconcerns,butalsowhytheyaremovingfasterinresponse.Switzerland’scompaniesaremoreproactivethaninotherEuropeancountriesaboutensuringworkforceadaptability,implementingprogramstodevelopfutureleadersthroughmentorship,cross-functionalassignments,andformalleadershiptraining.GermanyandSwitzerlandleadintheadoptionanduseofdigitaltools.Lookingattheimpactofinternalworkforceissues,GermanandSwissexecsreportedthatinvestmentsinAIandautomationhadthebiggestimpactonthegrowthoftheircompaniesoverthepast12months.WithinEurope,Swisscompaniesarethemostinclinedtopursuemergersandacquisitionsasagrowthstrategyoverthenext3-5years,with17%consideringit,comparedtoan11%overallaverage.TherelativestrengthofSwissbalancesheetshelpsthemtakesuchboldstepsinthefaceofdisruption.75752025DisruptionIndexScoreTheorganizationalresponseInabusinessenvironmentriddledwithdisruption,leadershipteamsmustmakechoices.Theymustdecidewhetheradisruptiveforceisanopportunityorathreat.Theymustdecidewhethertheyshouldleadthedisruptivechargeintheirindustry,followit,ortakeAlixPartnersDisruptionIndex202518anotherpathaltogether.Theymustevaluatedisruption’simpactontheassumptionsonwhichtheirstrategyrests—thevalueoftheirassets,therelevanceoftheircoreactivities;AlixPartnersDisruptionIndex202518AlixPartnersDisruptionIndex202519BusinessmodelchangeFortypercentofexecutivesexpectthattheircompany’sbusinessmodelwillundergosignificantchangeinthecomingyear.That’supslightlyfromlastyear(whenitwas37%).ThenumberisupdramaticallyintheUnitedStates(from29%to43%)andGermany(from34%to43%),whileitisdownslightlyinChinaandJapan.Itisrevealingthatbusinessmodelchangeiscomingtotheindustriesmostimmediatelyaffectedbyclimatechangeandtheenergytransition.Thisyear,45%ofenergycompaniesforeseesignificantbusinessmodelchange,upfrom28%lastyear;thatisa60%jump.Intheautomotiveindustry,40%saytheyexpecttoseesignificantbusinessmodelchange,vs.32%ayearago—a25%increase.(Bycontrast,executivesinretailandhealthcarearelesslikelytosaytheywillmakesignificantbusinessmodelchanges.)Themoreproactivelyacompanyaddressesdisruption,themorelikelyitistoundertakemajorchangesinitsbusinessmodel—andthebetteritsperformanceislikelytobe.Companiesthatdrivedisruptionorleadtheirindustryingrowthorprofitabilityaredramaticallymorelikelytosaytheywillundertakemajorbusinessmodelchangeintheyearahead.Percentagerepor