by Benson Agoha | Business
Not actual Chart: For Illustration only. |
Singapore actually tops the list of countries ready to make changes whenever necessary - as shown in a new data released by Consulting firm KPMG.
According to the accounting firm's data, Singapore's strengths and opportunities beat that of countries like Netherlands, Germany and the United Kingdom to 11, 12 and 13th positions respectively. The US is 20 on the list, while emerging economic power China takes the 45th position.
The positions were as determined by KPMG's Change Readiness Index (CRI) which used a set of criteria to determine how ready countries are to make changes when required.
But this may not be as easy to determine in real life as the virtual chat shows. However, thanks to special tools KPMG said over 127 countries can now have a pip at their ranking to see how their countries can be said to be ready to respond to change.
The Consultancy firm used the Change Readiness Index (CRI), to rank 127 countries, both developed and developing. The criteria include sub-indicators such as, Health, Technology Use, Economic openness, and Strengths and Opportunities, Demographics, Food and energy security and Fiscal budgeting.
You can also delve deeper into the data, using Enterprise Capability, Government Capability, People and Civil Society Capability. The data are then ranked on a scale of 1 - 10 and a chart is used to plot them for clearer understanding.
In a nutshell it is Singapore 1, Switzerland 2, Hong Kong 3, Norway 4, United Arab Emirates 5, New Zealand 6, Qartar 7, Denmark 8, Sweden 9, Finland 10, Netherlands 11, Germany 12, UK 13, Canada 14, Australia 16...China 45...Nigeria 90.
To check your country's CRI click on -->> (2015 Change Readiness Index).
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