Uncertainty is the new norm
As the way we interact in business becomes more complex the level of uncertainty increases. Corporate Boards are under intense regulatory, financial and reputational pressure to grapple with the double-edged sword of uncertainty. From a positive perspective, uncertainty creates more opportunities for innovation, but this needs to be tempered with managing an increasing number of exposures as unknown risks grow. It is for this reason, uncertainty about the future is now firmly on the Chairman’s Office agenda within leading corporates. This paper focuses upon taking proactive action in managing unknown risks.