Corporate Risk Radar: Operating in a web of complex risks

Conducted in collaboration with Winmark, the 2025 edition explores how organisations are navigating a world defined by heightened uncertainty, regulatory fragmentation, and rapid technological change. 

This year’s findings reveal that risks that were once confined to theoretical boardroom discussions have now become urgent operational challenges. The results point to a clear reordering of risk concerns: operational and people-related challenges now dominate the risk landscape, with 61% of respondents identifying them as likely to impact their organisations. Market disruption (59%) and increasing regulatory complexity (54%) followed closely behind, reflecting a turbulent and evolving risk landscape.

As risks intensify, business leaders expect more litigation, regulatory pressure, and complex deal-making. Rising costs and increased scrutiny are reshaping how organisations operate, but leaders remain focused on mitigating risk while pursuing growth. This year’s report provides a vital overview of how business leaders are responding in real time and sets the stage for deeper analysis in the next instalment later this year.

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Top risks

Additionally, businesses are recalibrating in response to hard shifts across geopolitics, regulation, and ESG. Nearly 60% of board leaders now cite geopolitical risk as a top concern, and close to half are actively rethinking their operational footprint. Regulatory complexity is impacting investment and growth for more than 60% of businesses, while divergence in ESG rules is disrupting strategy, particularly for multinationals.

What’s emerging is a more integrated way of working—where legal, compliance, and strategy teams collaborate from the outset to manage risk before it becomes costly. The report outlines how organisations are adapting their structures, decisions, and expectations to stay competitive in a more fragmented global environment.

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Risk rankings (2025 vs 2024)