Business leaders' top 10 risk concerns over the next decade
Global survey of business leaders reveals pandemic-associated risks are currently top-of-mind, while technology disruptions and the future of work are concerns for the next decade
Board members and C-suite executives around the globe are most concerned in 2021 with risks associated with COVID-19-related government policies and regulations, economic conditions that may restrict growth and market conditions that may continue to impact customer demand, according to a new survey from Protiviti and North Carolina State University. Amid these near-term headwinds, when asked about top concerns through 2030, business leaders cite challenges that ultimately ladder up to talent. High ranking risks – including the adoption of technology that requires new or upgraded skills, rapid innovation that threatens business models and the reimagining of creative strategies – point to a need to attract and retain top talent and invest in reskilling and upskilling workforces to ensure agility and resilience in the future.
The annual survey, this year titled "Executive Perspectives on Top Risks for 2021 and 2030," was conducted by global consulting firm Protiviti and North Carolina State University Poole College of Management's Enterprise Risk Management (ERM) Initiative. In its ninth year, the survey was conducted following the November 3 U.S. elections to reduce the influence that an uncertain outcome could potentially have on survey results. The study surveyed over 1,000 (1,081) board members and C-suite executives from organizations in a variety of industries and in all regions around the globe.