Volatile year ahead calls for resilience, insight, courage, says specialist risk consultancy Controlrisks_vc
Businesses will face a historically broad and deep set of risks in 2023, posing interconnected and existential threats across geographies and sectors.
In 2023, companies must be alert to the prospect of an accident or miscalculation involving US and Chinese military vessels operating in Asia. Businesses must monitor efforts to decouple critical supply chains. The likelihood of such an event in 2023 is very low, but certainly significant enough to warrant the planning that many firms are now engaged in. Beyond these spheres, proxy conflicts and perennial flashpoints could disrupt trade and energy security.Managing energy disruption while pursuing adaptation, will be the main operational risk to business in 2023.
In parallel to this weaponisation, states are looking to exert more control over what some have already defined as their national cyberspace.Regulatory Risk – Economic headwinds bring regulatory turbulence
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