Ongoing challenges triggered by a once-in-a-century airborne pandemic continue to unfold, reminding executives that the seemingly countless uncertainties in the market have triggered an overwhelming landscape of ever-changing risks they must manage. Staying abreast of emerging risk issues and opportunities is becoming increasingly difficult. Considering the rapid pace of disruptive innovation and technological developments in a rapidly advancing digital world, the need for resilience and agility at pivoting when the unexpected occurs is at all-time highs.

These are among the many notable takeaways from the latest Executive Perspectives on Top Risks study from Protiviti and NC State University’s ERM Initiative.

This episode of Powerful Insights features an informative discussion with Dr. Mark Beasley of NC State University’s ERM Initiative and Jim DeLoach, Managing Director with Protiviti.

Mark is the Professor of Enterprise Risk Management and Director of the ERM Initiative in the Poole College of Management at NC State University. The ERM Initiative provides thought leadership about ERM practices and their integration with strategy and corporate governance. As founding director, Mark leads the ERM Initiative’s efforts to help pioneer the developments of this emergent discipline.

Jim is a member of the Protiviti Solutions Leadership team. His market focus is on helping organizations succeed in responding to government mandates, shareholder demands and a changing business environment in a cost-effective and sustainable manner that reduces risk to an acceptable level. He assists companies with strategy setting, business planning and performance management.

In the 10th annual edition of this global survey, Protiviti and NC State University’s ERM Initiative report on the top risks on the minds of global boards of directors and executives in 2022 and over the next 10 years, into 2031. Our respondent group, which includes 1,453 board members and C-suite executives from around the world, provided their perspectives about the potential impact over the next 12 months and next decade of 36 risk issues.

For more information and to find the research report, Executive Perspectives on Top Risks for 2022 and 2031, visit www.protiviti.com/toprisks.

Transcriptions of Powerful Insights are available upon request from kevin.donahue@protiviti.com.