There are global risks that corporations must mitigate. If not addressed, the occurrences could have a negative impact on an organization.
The World Economic Forum reported in 2014 that the top five were: income disparity, extreme weather events, unemployment and underemployment, climate change and cyber-attacks. If ranked by impact and not likelihood, then the top five would be: fiscal crises, climate change, water crises, unemployment and underemployment, critical information infrastructure breakdown.
Eight years ago (2007), this list was different, as it included: breakdown of official information infrastructure, chronic disease in developed countries, oil price shock, China’s economic hard landing, and asset price collapse.
How does your organization mitigate global risks?
