Risk

By Callum Jack.

Risk is no longer something that only keeps the CRO awake at night. It has shot straight up to the top of the CEO’s agenda, which is great news for providers of risk services. The market—which reached a value of US$62bn in 2017—continues to grow, driven by the political climate, regulatory pressures, and, of course, the unrelenting challenge of cybersecurity.

As the market grows, competition is intensifying. Not only are all types of consulting firms fighting for a piece of the action, but new entrants are cropping up too: specialist risk boutiques, software providers, and IT services companies, to name a few.

By Fiona Czerniawska.

I’m not always a fan of large-scale thought leadership studies, repeated year in, year out, but the title of PwC’s 21st CEO survey caught my imagination—and, I suspect, the Zeitgeist. In The anxious optimist in the corner office, PwC argues that “despite record levels of short-term optimism in the global economy, CEOs worldwide report heightened levels of anxiety regarding the business, economic, and, particularly, the societal threats confronting their organisations.”

By Fiona Czerniawska.

The Hitchhiker's Guide to the Galaxy begins with Arthur Dent's house (and the rest of Planet Earth) being mown down by a Vogon Constructor Fleet, clearing the way for a new intergalactic highway.  That's perhaps not a risk that many businesses consider, but we can be fairly sure that they're considering just about everything else. Risk, like space, is big.