One of my favorite things to see on KnowledgeLeader is the Weekly Top 5, showing the top viewed items on our site in the last week. Each year, we publish the Top 25 pages of the prior year and every quarter, we publish the Top 10 items. We are all about letting you know what is trending on our site.
At the beginning of each year, the KnowledgeLeader team publishes its top 25 pages from the previous year, as determined by subscribers like you. Not surprisingly, the Risk Oversight and Risk Management Questionnaire was the most viewed page in 2014.
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.
Download The Entire Report Here
With each new year come new risk considerations. Changing markets and circumstances spawn new risks, alter risk profiles and reduce the effectiveness of established risk management capabilities. The risk oversight agenda should take such changes into account.
Is your board risk oversight agenda appropriately focused?
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