Executive Perspectives on Top Risks for 2016: Survey Report

March 22, 2016 ERM Initiative Staff 2-min. read

Research conducted by the ERM Initiative at NC State University in partnership with Protiviti finds that executives across all types and sizes of organizations that span a number of industries believe that the global business environment is slightly more risky for organizations than it was last year and their organizations are likely to invest additional resources toward risk management in 2016. Risks related to regulatory changes and increased regulatory scrutiny represent the greatest threat to growth opportunities for 2016, reflecting a general concern that broader government and regulatory interventions may have a significant effect on profitability. Additionally, cyber threats and concerns about succession planning and talent acquisition and retention are a top risk concern.

This just released report, Executive Perspectives on Top Risks for 2016, summarizes the top risks that executives and board members see on the horizon for 2016 and it provides an analysis of top risk concerns across a number of industries and sizes of organizations, and executive positions. The report is a reminder of the need to devote more resources to risk management and risk oversight given the complexities and risks within the global business environment.