Corporate Risk Radar

Overview

We are pleased to have collaborated with Winmark to produce this year’s edition of the Corporate Risk Radar report (previously known as 'Looking Glass'). The annual report seeks the opinions of General Counsel, their in-house legal teams and the senior board and C-suite decision makers they work with, on the risk landscape their organisations face and their ability to navigate it effectively.

Report Summary

To understand how business leaders are addressing this daunting situation, we consulted over 200 Board Directors and CEOs, General Counsel (GCs) and other senior C-Suite executives from multiple sectors and across all global regions; and is our largest sample size in the study’s history. 

This year’s findings see the return of some risks that many organisations will not have experienced before, such as high inflation, trade wars and geopolitical tensions that pose a threat of nuclear conflict.

Key findings

1. Navigating the global risk landscape: The three areas of risk that business leaders expect to have the biggest impact on their business in the next two to three years are: 

• Economic
• People
• Regulatory

2. "A deep-dive into the new risk landscape": The two areas dominating board agendas are:

• Climate change risk
• Digital transformation & technology risk

3. The role of the GC: The changing role of the General Counsel (GC).