As companies deepen their investment in emerging markets, extend their supply chains and face increasing pressure from regulators, investors and other stakeholders to increase transparency and disclosure, the executives tasked with risk management assume an ever-greater responsibility for the smooth running of the business. Once largely associated with insurance, compliance and loss avoidance, the risk management function has been transformed in recent years and is now firmly entrenched as a board-level concern.
The focus of the discipline has changed, too. Although more traditional risks, such as credit risk, market risk and foreign-exchange risk, remain fundamental considerations, companies from every industry and sector are now recognising the need to quantify and assess risks that lurk in areas such as human capital, reputation and climate change. The objective of this report is to assess how effectively companies think they are managing these risks, and how they are changing their approach to risk management in order to keep pace with developments in the ever-evolving business environment.
Key findings from this research include the following:
See full Report, in pdf format.
Posts
