A new report indicates that while Australian business leaders are increasingly aware of supply chain and cyber security risks, significant gaps remain in organisational preparedness and risk management.
McGrathNicol, in partnership with YouGov, surveyed over 300 C-Suite executives and Board-level directors from Australian companies with more than 50 employees to understand their views and strategies regarding the evolving risk landscape.
Geopolitical uncertainties
The research revealed that 80 percent of Australian executives anticipate that geopolitical issues will present operational challenges for their businesses in the coming 12 months, up from 66 percent the previous year. This rising concern reflects how swiftly international developments can impact domestic business environments, especially as global tensions and trade disruptions continue to influence local supply chains and operational security.
The report underscores a growing need for businesses to build sophisticated frameworks that address how global issues can cascade into local disruptions. Executives reportedly recognise the importance of proactive monitoring, yet the depth of their supply chain…
