xTraditional business concerns about government regulation and the state of the economy are taking a back seat to worries about innovative technologies and companies’ ability to adapt to them, according to an annual survey of top risks from consultancy Protiviti and North Carolina State University’s Enterprise Risk Management Initiative.

The survey conducted last fall asked more than 700 executives and board members from companies around the world to rank 30 risks in three categories: macroeconomic, strategic, and operational.

The risk rated highest by executives was the speed of technological advances and the possibility that innovations could occur more quickly than their company was able to adapt to, which had ranked as the fourth-highest risk in the previous survey. A related concern, that a resistance to change could impede the company’s ability to identify and adopt such advances in technology, ranked second, up from ninth in the survey of 2017 risks.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Susan Kelly

Susan Kelly is a business journalist who has written for Treasury & Risk, FierceCFO, Global Finance, Financial Week, Bridge News and The Bond Buyer.

More from this author

Dig Deeper

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2024 ALM Global, LLC. All Rights Reserved.