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Every year, the World Economic Forum releases an updated list of the top risks
to business based on its survey to 750 members of the organization’s global multi-stakeholder community. Today’s charts and graphics from Raconteur sum up the essentials of this year’s Global Risks report to provide a neat and tidy introduction to the potential pitfalls that could impact markets around the globe.
By Jeff Desjardins, Visual Capitalist (The article has been slightly edited ([ ]) and abridged (…) by the editorial team at munKNEE.com to provide a faster and easier read.)
Most Likely Global Risks By Region
Top 10 Global Risks to Business by Impact – sorted by potential severity:
Global Risks of Highest Concern – for the next 18 months
Societal, geopolitical, and economic risks take center stage.
Global Risks of Highest Concern – for the next 10 years
It’s all environmental and societal, with concerns about food, peak water, and the climate dominating the bunch.
Global Risks to Business Over Time – in terms of likelihood
…The following graphic shows how the top risks by likelihood, and how the list has evolved from 2012 until today:
From Raconteur: “Geopolitical and societal risks topped the list of concerns…with 79.4% citing state collapse or crisis, interstate conflict and failure of national governance as causing the greatest concern over the next 18 months. With its close relevance to geopolitical risk, 52% were concerned about the widespread ramifications arising from large-scale involuntary migration. The findings give some indication of how…business can be disrupted by geopolitical events at home or abroad, clearly a primary concern for business leaders.”
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