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> Risk > We have a risk crisis! Drop everything and see how we can help!
We have a risk crisis! Drop everything and see how we can help!
This is not a political post. What I am about to say has nothing to do with politics. But what the politicians are doing or say they are going to do is creating potentially dramatic and fast-acting risks (and opportunities) for the rest of us.
It’s time to drop everything (or at least hit the Pause button) and see what we can do to help our organizations weather or even take advantage of the whirlwind.
Demonstrate how agile we can be as risks and the business change.
Consider this:
- A trade war between the U.S., China and Europe could lead to a recession, says economist Russ Roberts of the Hoover Institution. (StanfordReport)
- CEOs globally rank intensified trade wars as the top geopolitical risk to their companies. (The Conference Board)
- Rising trade barriers and economic fragmentation could lead to a prolonged global recession. The IMF warns that reduced trade opportunities could hinder productivity, suppress wages and stifle technological advancement. (World Economic Forum)
- Hedge funds scrambled to sell shares in North American and European companies last month in a sign that the world’s top money managers are preparing for a global recession. (