Future of risk: Protecting and enabling performance
20 August 2009 This new survey of more than 500 global companies provides a snapshot of the current risk environment ( 282kb) at a time when mixed reports are filtering through about the medium- and long-term economic outlook. It examines companies’ attitudes towards risk management and how recent global events have affected management approaches to risk. This survey identifies leading practices, common areas for improvement and what companies need to do to define a path forward to a performance enhancing risk future state.
What challenges are likely to affect your company in 2009 and beyond? The credit crunch aftershocks and the deepening global recession rank as the most important business risks for 2009, displacing regulation and compliance -- last year’s top risks. Green initiatives, competition from new entrants, human capital issues, and reputational risk all rose in The 2009 Ernst & Young business risk report -- the top 10 risks for global business.