Infographic: The risk readiness 12-year-low
What does the latest Aon Global Risk Management Survey mean for treasurers? Find out with our handy infographic.
Last week, Aon revealed in its latest Global Risk Management Survey that organizational risk readiness is at its lowest level for 12 years.
The figures highlighted a number of worrying trends as global volatility makes it harder for multinational firms to manage potential disruptive events. Respondents to the biennial survey ranked economic slowdown as their top concern, followed by damage to reputation/brand and accelerated rates of change in market factors stemming from increasingly protectionist international trade policies – including rising regulatory activity and geopolitical tension. Concerns over failure to innovate and meet customers’ needs also remain a top-ten challenge.
From a treasury perspective it wasn’t all bad news. For example, risk readiness around cash flow and liquidity risk was vastly improved compared to the last survey report from 2017.
A more detailed story about the report and its key findings can be found here, while we’ve compiled a handy infographic highlighting some of the main points, focusing on treasury and digital transformation.
The full report can be found here.