The Emerging Risks Quandry: Anticipating Threats Hidden in Plain Sight
The 2016 Global Risks Report, released last month in the run-up to the World Economic Forum’s Annual Meeting in Davos, Switzerland, highlighted a significant number of instabilities, threats, and adverse trends that may shock business expectations in both the short and the long term.
Yet many companies struggle to articulate the precise relevance of global and emerging risks to their business, and are poorly organized to make timely decisions. The Emerging Risks Quandary, a new publication from Marsh & McLennan Companies’ Global Risk Center, explores what impedes corporate efforts and sets out how companies can blend creativity and pragmatism to look beyond predictable and controllable risks to complex uncertainties that have the potential to generate more than mere volatility in corporate earnings.
With insights from Oliver Wyman, Marsh and Guy Carpenter experts, this paper is aimed at senior executives, as well as finance and risk leaders, in all industries. It can be used in conjunction with the Global Risks Report to support conversations with clients about the effectiveness of their risk management arrangements in identifying and evaluating the issues that most threaten their firm.