The rapid pace of technological developments and disruptive innovations, along with organizational resistance to change, are the top concerns for boards of directors and business leaders around the world heading into 2018.This is according to the results of the sixth annual Executive Perspectives on Top Risks Survey conducted by global consulting firm Protiviti and the Enterprise Risk Management (ERM) Initiative in the North Carolina State University Poole College of Management.The report assesses the concerns of 728 board members and executives globally. The results indicate that growing concerns around disruptive innovation significantly outpace fears of economic uncertainty and regulatory scrutiny, which have consistently been the top risk issues of board members and executives over the past several years.Threats related to cybersecurity are a top risk area for business leaders as well, particularly in light of recent cyber-attacks, such as WannaCry, along with those affecting major organizations like Equifax. Of particular note, board members across all industries perceive a much riskier environment in 2018 relative to 2017.
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