Added on July 27, 2023
KV Network
Macroeconomic, geopolitical conditions pose severe risks to organisations: Survey

New Delhi, Jul 27 (PTI) With the world facing growing economic instability and political tensions, volatility in geoeconomic and geopolitical relations between major economies is likely to result in global upheavals over the next six months, a new survey showed on Thursday.
According to the survey of the World Economic Forum’s Chief Risks Officers community, more than 85 per cent of CROs expect some level of continued volatility and economic and financial conditions within and across major economies.
Armed conflicts and regulatory changes are also cited as potential threats to organisations, while over 75 per cent of CROs believe the use of AI technologies poses reputational risks to their organisations.