Top 10 risks and opportunities in 2013 and beyond
How can you be confident your company is able to meet the risks and challenges currently on the horizon? And how can you know that opportunities aren’t passing you by?
Forecasting the future is risky, but businesses that fail to look forward will almost certainly be left behind in an increasingly competitive, globalized world.
Based on our survey, we identified a top 10 list of risks and opportunities. Are these items similar to those you are monitoring? Are they your top 10?
A shift in thinking is evident among companies this year. Rather than waiting for mature markets to recover from the global financial crisis of 2008–09, they now accept that the duration of the downturn is uncertain. But what’s different compared with two years ago, is that they are also once more looking for growth opportunities.
Companies must fundamentally reposition themselves, cutting costs and increasing efficiency, to survive in smaller markets, especially in mature markets such as Europe. With many mature economies stagnating, they are also looking to emerging markets for growth.
Risk and opportunity radar
The risk and opportunity radar allows us to present a snapshot of the top 10 risks and opportunities for global businesses.
The risks and opportunities at the center of the radar are those that our survey respondents felt were the most impactful for major organizations worldwide. Arrows indicate the extent to which the ranking will increase, decrease or remain the same between now and 2015.
The top 10 risks
The top 10 opportunities
We present our results and rankings within the context of four key clusters:
- Cost competitiveness – sustaining the economic viability of organizations
- Stakeholder confidence – allowing companies to build stronger relationships with their stakeholders
- Customer reach – maximizing the potential market opportunity for products and services
- Operational agility – improving organizations' ability to deliver effectively in a fast-changing market
Some of the other key findings emerging from our research are as follows: