From digital disruption to environmental upheaval, the rapidly shifting risk management landscape demands board-level attention. Leaders who embrace the new landscape have much to gain.
As digital innovation becomes a top priority across industries, it is also generating a growing list of concerns for risk managers. Uncertainty is a fundamental part of risk management—and more than ever today, when technological advances, coupled with economic, environmental, political and social changes, continue to create new opportunities and challenges for the sector.
Once largely associated with insurance, compliance and loss avoidance, risk management is no longer a box-ticking exercise. Ownership is now a C-suite and board-level priority that requires cultivating a strong risk culture and integrating risk management into other business processes.