The top ten risks facing businesses in 2008

The greatest strategic challenge facing leading global businesses in 2008 will continue to be regulatory and compliance risks, according to ‘Strategic Business Risk: 2008 — The Top 10 Risks for Global Business’, a new report by Ernst & Young.

The new report identifies the top 10 strategic risks for global businesses by analyzing the top risks identified for some of the world's most important industry sectors. It also highlights the five fastest-rising threats that could also have a significant impact over the next three to five years.

The top ten risks identified are:
* Regulatory and compliance risk
* Global financial shocks
* Aging consumers and workforce
* The inability to capitalize on emerging markets
* Industry consolidation/transition
* Energy shocks
* Execution of strategic transactions
* Cost inflation
* Radical greening
* Consumer demand shifts.

The five ‘fastest-rising threats’ are expected to be:
* War for talent
* Pandemic
* Private equity’s rise
* Inability to innovate
* China setback.

The report was produced by Ernst & Young in collaboration with Oxford Analytica, and sought the views of more than 70 analysts from around the world and more than 20 disciplines.

Download the report (PDF)

•Date: 13th Nov 2007• Region: World •Type: Article •Topic: Operational risk
Rate this article or make a comment - click here