The Future of Risk: New Game, New Rules

The report discusses evolving risk management trends and strategies for organizations to harness risks for performance enhancement. The risk landscape is changinge fast. What should leaders prepare for?

The research method involves profiling and analyzing ten trends that impact risk management, exploring the drivers, opportunities, threats, and real-world examples for each trend. Each megatrend has examples of where it is already in play, as well as bullet points of qualitative and quantitiative data about what “forces are driving this trend.”

This report examines ten emerging trends that are reshaping the risk landscape for organizations globally. It explores how advancements in technology, regulatory changes, and shifts in societal expectations are transforming traditional risk management approaches. The report suggests that risks can be leveraged as strategic tools for value creation and performance improvement. It highlights the importance of understanding and managing new risks through innovative methods, such as cognitive technologies, pervasive controls, and collective risk management. The report also emphasizes the need for organizations to be vigilant, resilient, and adaptable in the face of potential disruptions and reputation risks.

Drivers mentioned include:

• Cognitive technologies augment human decision-making
• Controls become pervasive
• Behavioral science informs risk insights
• Vigilance and resilience complement prevention as leading practices
• Risk transfer broadens in scope and application
• Innovation leads, regulation follows
• Risk becomes a performance enabler
• The network economy demands collective risk management
• Disruption dominates the executive agenda
• Reputation risks accelerate and amplify

Categories: English publication language | analytics | artificial intelligence | cybersecurity | global geographic scope | internet of things | networks | risk