Future Risk

Saturday 4th February 2017

Over the past few months we have been running a number of workshops focused on helping organisations to identify and develop responses to emerging global and corporate risks.

Future Risk

Working with companies, government agencies and advisory groups, we have been interrogating the insights from the Future Agenda programme to highlight those issues that provide the greatest potential challenge and also could have the most significant impact going forward. At a time when growing uncertainty and ambiguity are top of mind for many, we thought a brief summary of the most frequent topics being explored may be of wider interest.

In this summary we have therefore highlighted ten key global risks and ten key corporate risks that multiple organisations are seeing as high priority / impact for the next decade:

Ten Global Risks

  • Accelerating displacement and the increase in migration
  • Air pollution increasing in many urban environments
  • A new world order driven by changing interests and relationships
  • Broader cyber terrorism moving from the virtual to physical world
  • Closing the inequality gap and balance equity and autonomy
  • Flooded cities as the most visible impact of climate change
  • Global pandemics stressing public health systems
  • Key resource constraints driven by economic and political tensions
  • Rising youth unemployment creating a lost generation
  • Spiraling debt as a precursor to another major financial crisis

Ten Corporate Risks

  • Continuous proof of loyalty to consumers required from brands
  • Declining government influence as cities, networks and multinationals lead
  • Full cost and having to account and pay for the true impact of activities
  • Interconnected systems and the IoT increasing business vulnerability
  • Managing data risk driving the need for greater security
  • Regulation changing rapidly in its reach, its character and its focus
  • Speed to scale accelerating and proving more disruptive impact
  • Truth and illusion shifting view of what is credible and why
  • The human touch being increasingly important in a digital world
  • The rise of machines as AI and automation are both threat and opportunity

While not the same top issues for every organisation, these hopefully help to provide useful insight and context. More detailed information on many of these is available on the futureagenda website.

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