2017 Top Risks Report: Executive Perspectives on Top Risks for 2017

December 8, 2016 ERM Initiative Staff 1-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 2017. Risks related to concerns about the global economy and increased regulatory scrutiny represent the greatest threats to growth opportunities for 2017, reflecting a general concern about how recent events, such as Brexit, the U.S. presidential election, and turmoil in the Middle East, may significantly affect profitability. Additionally, cyber threats and concerns about privacy/identity management and disruptive innovation are top risk issues.

This just released report, Executive Perspectives on Top Risks for 2017: Key Issues Being Discussed in the Boardroom and C-Suite, summarizes the top risks that executives and board members see on the horizon for 2017 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.