The 2010 Ernst & Young Business Risk Report
Oxford Analytica collaborated with Ernst & Young to produce the 2010 Business Risk Report,
which has been widely picked up in the media.
The report assesses the top 10 risks to global business in 2010, as well as 15 Below the Radar threats, based on interviews with over 70 industry executives and analysts, representing 14 industrial sectors and more than 20 academic disciplines. Respondents were asked to identify and provide commentary and insight on the top risks facing leading global firms in their sector. Risks rated as having the greatest impact across the largest number of sectors were chosen as the top 10 risks for global business in 2010.
Respondents ranked regulation and compliance as the most important business risk for 2010, displacing credit crunch concerns from last year's top spot. Yet the survey results also show that a possible slow economic recovery as well as a shifting balance of power between established and emerging markets remain at the forefront of business concerns as well as new risks such as social acceptance and corporate social responisbility.
The 2010 top 10 risk rankings (2009 rankings shown in parentheses) are:
- Regulation and compliance (2)
- Access to credit (1)
- Slow recovery or double-dip recession (No change)
- Managing talent (7)
- Emerging markets (12)
- Cost cutting (No change)
- Non-traditional entrants (5)
- Radical greening (4)
- Social acceptance risk and corporate social responsibility (New)
- Executing alliances and transactions (8)
