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2023 Global risk landscape

The age of the risk multiplier


How can business leaders better understand and manage their risk profile? By shifting focus from individual risk factors to risk multipliers—a mindset that examines how combinations of risks impact an organization.

In our latest report on the global risk landscape, we surveyed business leaders around the world to get their perspectives on whether issues like fraud, artificial intelligence (AI), digital transformation, cyber attacks, and climate change are a significant risk to their organization, and what actions they are taking to mitigate those risks.

The Global Risk Landscape report is based on a survey of 500 C-suite executives across the Americas, Europe, Middle East and Africa, and Asia-Pacific regions. The survey tries to understand their approach to risk management and how they are responding to global events that threaten their businesses.

Key points covered in the report include:

  • The risk multiplier effect—how it can impact a business and which risk combinations pose the biggest threat.
  • The growing importance of risk leaders worldwide.
  • The prominence of AI and digital transformation on the global business agenda.
  • How organizations are addressing challenges like human capital risk, fraud risk, and climate change threats.

You can access the global report, as well as a Canadian-focused report that explores the differing risks and attitudes for Canadian businesses, here.


This piece was originally developed by BDO Global. All rights reserved

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