Despite economic uncertainty, geopolitical tensions and rapid tech disruption, global business leaders are looking ahead with confidence, as outlined in the Executive Perspectives on Top Risks and Opportunities Survey from Protiviti and NC State University's ERM Initiative.
In fact, nearly 70% of executives see significant opportunities to grow revenues over the next 2-3 years.
"The greatest risk today is standing still," says Matt Moore, global leader of risk and compliance at Protiviti. "Leaders are modernizing infrastructure, advancing cybersecurity to strengthen resilience, and embracing innovation to unlock growth. Agility and foresight will define the winners."
Key takeaways:
· Six of 10 (62%) leaders anticipate their organizations expanding their ecosystem of strategic alliances and partnerships to enhance how they go to market.
· Transformation, innovation and strategic partnerships top the agenda for the next 2-3 years.
· Top 5 near-term global risks entail cyber threats; third-party risk; emerging tech adoption and workforce upskilling; legacy IT and operational performance gaps; and economic conditions and inflation.
· Top 5 investment priorities over the next 2-3 years involve cybersecurity; business process improvement; infrastructure modernization; data privacy; and customer experience.
· Looking ahead, long-term strategic priorities are customer focus and competitive edge; security and privacy; AI deployment; market resilience; and talent strategy.
