Global risk landscape report 2024

Antifragility: Risk as a driver for success

Is adopting an ‘antifragile’ approach to risk the key to thriving through disruption and volatility?

The 2024 Global Risk Landscape report shows that almost half of the global business leaders surveyed believe their organisations have an antifragile approach to risk.

Antifragile organisations are resilient and improve and prosper when stressed and exposed to risk. They look for opportunities to disrupt and seek to turn risk into a competitive advantage. When economic, geopolitical, and political landscapes seem almost continually volatile, this proactive mindset may be the key to sustainable long-term success.

The ninth edition of the Global Risk Landscape Report, based on a survey of 500 C-suite executives across the Asia Pacific, Europe, the Middle East and Africa, and the Americas is now available. The survey examines their risk management approach and response to emerging global events that threaten their businesses.

Key findings and risk priorities

The report highlights how quickly risk priorities are changing in response to the shifting business landscape, and key findings include:

• Regulatory risk climbed 14 places to #1 - a major concern for 37% of respondents compared to just 7% last year
• Geopolitical tensions rose three places to third, cited by 26% of respondents
• Cyber risk dropped to fifth, cited by 24% of respondents
• Environmental risk has fallen to 9^th place despite being the risk business leaders said they were least prepared for in 2023.

Download full report

Marita Corbett, BDO Australia’s Risk Advisory Services National Leader, has co-authored a whitepaper exploring business risks and attitudes specifically for the Asia Pacific Region. The whitepaper details the diverging risk challenges of AI and how the region’s risk appetite for technology is viewed as substantial compared to other regions worldwide.

Download Asia pacific whitepaper

For more information about how to inform your risk management approach, contact your local Risk Advisory Services adviser.