Global Risk Management Survey 2023/2024
Business leaders are grappling with traditional risks in new guises across both risk and human capital. Explore the full 2023/2024 report now.
Perennial Risks, New Reality
Trade, technology, weather and workforce stability are the central forces in today’s risk landscape. While each of these forces are individually impacting risk exposures, their increasing interconnectedness is adding to the complexity of risk and presenting new challenges to business leaders. In a period of rapid change and heightened volatility, finance, risk, and people leaders need to come together to better understand how these risks connect.
Key Findings
The Compounding Effect of Human Capital Risks
As organizations’ exposure to individual risks intensifies and evolves, so too do the connections between them. Business leaders are feeling the impact of the true cost of human capital challenges, and the reality that people risk intensifies all other top business risks. Consequently, organizations’ preparedness efforts must follow suit, even amid economic and staffing challenges. But how are participants responding to this challenge?
Top 10 Global Risks Facing Organizations Today
The world is more volatile and the macroeconomic environment in which risks must be managed is in constant flux. The velocity of risk evolution, which in many areas was triggered by the pandemic, continues to intensify and forge greater interconnectivity between risks. Click on a risk to find out why it is top of mind for organizations, and for suggestions on how to help mitigate it.
- Cyber Attack or Data Breach
- Business Interruption
- Economic Slowdown or Slow Recovery
- Failure to Attract or Retain Top Talent
- Regulatory or Legislative Changes
- Supply Chain or Distribution Failure
- Commodity Price Risk or Scarcity of Materials
- Damage to Brand or Reputation
- Failure to Innovate or Meet Customer Needs
- Increasing Competition
2,842
Number of participants in the Global Risk Management Survey across 61 countries and territories.
Trade Insights
Trade Collection
Our Trade Collection gives you access to the latest insights from Aon's thought leaders on navigating the evolving risks and opportunities for international business.
Reach out to our team to understand how to make better decisions around macro trends and why they matter to businesses.
Podcast • 9 mins
Special Edition: Global Trade and its Impact on Supply Chain
Article • 8 mins
The Evolving Threat of Cargo Theft: 5 Key Mitigation Strategies
Report • 3 mins
Global Risk Management Survey
Report • 13 mins
Wide-Ranging Trade Issues Confront Global Businesses on Multiple Fronts
Article • 6 mins
Four Steps to Develop Strong Property Risk Coverage in a Hardening Market
Article • 14 mins
Cutting Supply Chains: How to Achieve More Reward with Less Risk
Article • 9 mins
Driving Private Equity Value Creation Through Credit Solutions
Article • 7 mins
4 Steps to Help Take Advantage of a Buyer-Friendly Directors' & Officers' Market
Article • 9 mins
Managing Reputational Risks in Global Supply Chains
Article • 6 mins
How an Outsourced Chief Investment Officer Can Help Improve Governance and Manage Complexity
Article • 8 mins
Decarbonizing Your Business: Finding the Right Insurance and Strategy
Article • 8 mins
Reputation Analytics as a Leading Indicator of ESG Risk
Regional Results
How do the top risks on business leaders’ minds differ by region and how can these risks be mitigated? Explore the regional results to learn more.
Article • 12 mins
Top Risks Facing Organizations in Asia Pacific
Article • 12 mins
Top Risks Facing Organizations in North America
Article • 10 mins
Top Risks Facing Organizations in Europe
Article • 8 mins
Top Risks Facing Organizations in Latin America
Article • 8 mins
Top Risks Facing Organizations in the Middle East and Africa
Article • 9 mins
Top Risks Facing Organizations in the United Kingdom
Additional Insights
Captive Insurance: Uptick in Use Reflects Market Realities
As more companies become comfortable using captives and understanding the value they add, captives are likely to become further embedded into corporate risk strategies, regardless of market conditions.
Learn More →Methodology
Aon’s ninth Global Risk Management Survey, a biennial web-based research report, was conducted in June to July 2023 in 11 languages. The research gathered the responses from 2,842 decision makers.