Changes in consumer demand and cyberattacks are the two biggest risks organizations expect to face in the next two years, according to polls undertaken by Marsh McLennan. Other notable risks include workforce and industry disruptions, as well as challenges associated with international trade.
The poll results also show that the risk outlook of businesses is heavily influenced by their sector. For example, financial sector companies highlighted digital risks — stemming from new technology adoption and cyberattacks — while industrial sector firms were most concerned about international trade.
Today’s dynamic global risk environment necessitates that organizations proactively navigate upcoming risks. Those that manage to do so will emerge more resilient and agile in the face of future disruptions.