An Evolving Risk Landscape: Insights from a Decade of Surveys of Executives and Risk Professionals

We report on the results obtained from ten annual surveys of global business executives their perceptions most significant risks facing organizations in ensuing calendar year. These C-suite executives, directors and other risk professionals elicit concerns about that may affect organization’s success over near-term horizon (i.e., next year). After a decade, we believe these provide an opportunity to examine how landscape has evolved. In addition, two additional survey questions allow us view overall context enterprise management (ERM) is deployed augmented face escalating environment. On average, find they as persistently risky ten-year period, even during relatively robust economic environments for much time frame. Two industries more volatility environments, with respondents Healthcare sector Technology, Media Telecommunications acknowledging largest volatility. also observe increase entities’ decisions devote resources suggesting ERM become essential mechanism organizational success. Our goal highlight realities constantly changing conditions (e.g., industry time) important distinguishing factor affects given profile, which relevant both academics. Collectively, our findings emphasize importance understanding ever-changing environment, identification must be ongoing process, there no “one-size-fits-all” approach governance. all this signals future research help respond