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With the world facing growing economic instability and political tensions, volatility in geoeconomic and geopolitical relations between major economies is likely to result in global upheavals over the next six months, a new survey showed on Thursday. According to the survey of the World Economic Forum's Chief Risks Officers community, more than 85 per cent of CROs expect some level of continued volatility and economic and financial conditions within and across major economies. Armed conflicts and regulatory changes are also cited as potential threats to organisations, while over 75 per cent of CROs believe the use of AI technologies poses reputational risks to their organisations. The community comprises 40 risk professionals from a wide range of multinational companies, covering technology, financial services, healthcare, professional services and industrial manufacturing. Respondents to the survey identified macroeconomic indicators, pricing and supply disruptions of key raw ...

Updated On: 27 Jul 2023 | 12:54 PM IST

Just as in private companies, it is crucial for government agencies and regulatory authorities to have a majority of independent directors on their boards

Updated On: 29 Jun 2023 | 10:18 PM IST

Most companies, scientific and educational bodies, and charitable organisations encounter two challenges - developing sound business philosophies and safeguarding them across generation

Updated On: 16 Jun 2023 | 9:26 PM IST

With resignations and layoffs dominating trends post-Covid, HR leaders anticipate focus on employee engagement, hybrid work model and greater tech investment to improve efficiency

Updated On: 03 Mar 2023 | 9:29 PM IST

Book review of Do What Matters Most: Lead With a Vision, Manage With a Plan, Prioritize Your Time

Updated On: 22 Jul 2021 | 12:24 AM IST

Our experience shows that a transformation can only be achieved when at least 40% of the organisation actively supports the change

Updated On: 14 Dec 2019 | 8:13 PM IST

Small habits don't require significant change, but can make a disproportionate impact on the performance of organisations

Updated On: 26 Jun 2016 | 11:56 PM IST