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It’s the Regulation

Regulatory changes are the top concern for board members and C-suite executives this year, according to a new survey.

21Mar

Top 10 concerns of board members and C-suite executives for 2013:

1) Regulatory changes and heightened regulatory scrutiny may affect the manner in which our products or services will be produced or delivered.

2) Economic conditions in markets we currently serve will significantly restrict growth opportunities for our organization.

3) Uncertainty surrounding political leadership in national and international markets will limit growth opportunities.

4) TIE: Organic growth through customer acquisition and/or enhancement presents a significant challenge.
TIE: Succession challenges and the ability to attract and retain top talent may limit our ability to achieve operational targets.

6) TIE: Anticipated volatility in global financial markets and currencies will create challenging issues for our organization to address.
TIE: Cyber threats have the potential to significantly disrupt core operations for our organization.
TIE: Ensuring privacy/identity management and information security/system protection will require significant resources for us.

9) Resistance to change will restrict our organization from making necessary adjustments to the business model and core operations.

10) Our existing operations may not be able to meet performance expectations related to quality, time to market, cost, and innovation as well as our competitors.

Source: Executive Perspectives on Top Risks for 2013, a survey of more than 200 board members and C-suite executives by Protiviti and the Enterprise Risk Management Initiative at North Carolina State University’s Poole College of Management

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