Top Risks 2023 Geographic Region results

Notable observations

Globally, organizations from all eight geographic regions agree that the overall magnitude and severity of risks are of a “Significant Impact” level in 2023.
Respondents in North America indicate the highest level of overall risk concerns for 2023 and, along with respondents from India, the highest increase in perceptions of risk from 2022 to 2023.
There are noticeable differences in views about risks around the globe, which is especially important for multinational organizations to consider.
Consistent with our full sample results, the risk associated with succession and talent acquisition and retention is top of mind for many regions. Six of the eight included this risk in their top five.
Across the eight regions, the variation in top five results is striking. Only four risks are common to at least four of the eight regions.
Looking further out into 2032, strategic risks become more heightened for all regions.