Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Protiviti and North Carolina State University - Top Risks 2016 Survey

265 views

Published on

Expectations of key stakeholders regarding the need for greater transparency about the nature and magnitude of risks undertaken in executing an organization’s corporate strategy continue to be high. This report from Protiviti and North Carolina State University’s ERM Initiative contains results from our fourth annual risk survey of directors and executives to obtain their views on the extent to which a broad collection of risks are likely to affect their organizations over the next year.

Published in: Business
  • Be the first to comment

  • Be the first to like this

Protiviti and North Carolina State University - Top Risks 2016 Survey

  1. 1. Executive Perspectives on Top Risks for 2016 © 2016 Protiviti Inc. An Equal Opportunity Employer M/F/Disability/Veterans. Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services. What do board members and C-suite executives view to be the top risks for their organizations this year? Not surprisingly, according to an annual survey from North Carolina State University’s ERM Initiative and Protiviti, regulatory changes, the economy and cyberthreats top their lists of concerns. Risk Issue Percentage of “Significant Impact” Responses* Regulatory changes and scrutiny 60% Economic conditions 60% Cyberthreats 57% Privacy/identity management and information security 53% Succession challenges and ability to attract and 52% retain top talent Rapid speed of disruptive innovations and 51% new technologies Volatility in global financial markets and currencies 50% Resistance to change operations 49% Sustaining customer loyalty and retention 46% Organization’s culture may not encourage timely 45% identification and escalation of risk issues * Each respondent was asked to rate 27 individual risk issues using a 10-point scale, where a score of 1 reflects “No Impact at All” and a score of 10 reflects “Extensive Impact” to their organization over the next year. A score of 6.0 or higher is perceived to be a risk issue that will have a “Significant Impact” on the organization. The full survey report, Executive Perspectives on Top Risks for 2016, may be accessed at erm.ncsu.edu or protiviti.com/toprisks. It includes detailed breakdowns of the results by respondent role, organization size, industry and other categories.

×