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The top 10 risks for business

The greatest strategic challenge facing leading global businesses in 2008 will continue to be regulatory and compliance risks, according to "Strategic business risk: 2008 — the top 10 risks for global business" (pdf, 3.1mb). This is closely followed by global financial shocks, workforce and consumer aging, and the rise of emerging markets.

The new Ernst & Young report identifies the top 10 strategic risks for global business by analyzing the top risks identified for some of the world's most important industry sectors. It also highlights the five fastest-rising threats that could also have a significant impact over the next three to five years.

The top ten risks identified in "Strategic business risk" are:

  • Regulatory and compliance risk
  • Global financial shocks
  • Aging consumers and workforce
  • The inability to capitalize on emerging markets
  • Industry consolidation/transition
  • Energy shocks
  • Execution of strategic transactions
  • Cost inflation
  • Radical greening
  • Consumer demand shifts

The report was produced by Ernst & Young in collaboration with Oxford Analytica, and sought the views of more than 70 analysts from around the world and more than 20 disciplines.

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