Friday, June 1, 2007
10th Annual Global CEO Survey
PricewaterhouseCoopers has issued its 10th Annual Global CEO Survey. The survey (Figure 1.3) illustrates management’s rankings of the risks they face. Topping the list are overregulation and the availability of key skills, followed closely by low-cost competition and raw material costs. Terrorism, by contrast, is seen as a key risk by just 50% of respondents, global warming by 40% and pandemics by 37%. Interestingly, the findings of the survey offer some insight into new and innovative solutions to some of these more systemic business and macro threats. Collaboration – often linking the public and private sectors – is starting to bring some ‘macro’ risks into manageable proportions. PWC sees this as a possible solution to what traditionally might be perceived to be an Achilles’ heel in a company’s risk management solution set.