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Leaders aren't confident organizations can handle emerging risks

Results of a recent survey from WTW underscore the need for more structured risk management processes.

By PC360 Staff Writer | November 26, 2024 at 12:10 AM
Looking ahead, leaders also expect environmental risk will become increasingly critical. (Credit: Diki /AdobeStock)

Around 80% of global risk leaders lack confidence in their organization’s ability to navigate emerging risks over the next decade, according to a recent survey from WTW. On top of this, only half of respondents said they were confident in their organization’s ability to handle existing risks.

Technology emerged as the top concern for respondents, with artificial intelligence, cyber threats and the future of technology named among the top risk concerns both currently and in the future. Geopolitical issues are also top-of-mind for risk leaders; including things like elections and “societal cohesion to the misalignment between government and business interests.”

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