Risk oversight and risk management are high priorities on the agenda of most organizations. Here are popular KnowledgeLeader tools that focus on risk management:
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The global business environment continues to evolve rapidly, creating opportunities and challenges for all types of organizations in virtually every industry and country. These organizations are reminded, all too frequently, that they operate in a risky world.
To provide perspectives about the nature of potential risks in 2013, Protiviti and North Carolina State University’s ERM Initiative partnered to survey more than 200 board members and C-suite executives to obtain their views about what risks they believe are likely to affect their organizations over the next 12 months. Among the key findings from our study:
- Executives are significantly concerned about the magnitude and severity of risks that could affect the achievement of profitability or funding goals over the next year
- Two risks stand out as being of the highest concern:
Concerns about the potential for regulatory changes and heightened regulatory scrutiny that will affect how products and services will be produced and delivered.
The report also discusses the surveyed organizations’ plans to improve their capabilities for managing these risks.
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