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Risk in Context Podcast: Planning for long-term global risks while dealing with current uncertainties

In this episode our hosts discuss some of the key findings in this year’s Global Risks Report and address several short- and long-term risks that organizations are facing.

05/01/2025 · 2 minute read

Businesses today are navigating a complex landscape of rapidly evolving and interconnected risks, ranging from geopolitical tensions, extreme weather events, and the risks of widespread AI adoption.

This year's Global Risks Report, produced by the World Economic Forum with strategic support from Marsh and other partners, highlights the urgent need for organizations to reassess their risk management strategies, particularly in light of the increasing fragmentation of the global environment.

But in the current risk-fraught landscape, senior leaders might be challenged with making long-term plans while at the same time managing quickly evolving risks.

In this episode of Risk in Context, Carolina Klint, Marsh McLennan's Chief Commercial Officer for Europe, speaks with Reid Sawyer, Head of Marsh's Emerging Risks Group and US Cyber Risk Consulting Leader, and Graham Pearce, Global Defined Benefit Segment Leader for Mercer's Wealth Business. They discuss some of the key findings in this year’s Global Risks Report and address several short- and long-term risks that organizations are facing. James Crask, Global Head of Multinational Clients within Marsh Advisory, and Spiros Fatouros, Chief Executive Officer of Marsh McLennan Africa, also discuss pressing challenges that senior leaders must be aware of and prepared to address.

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Key takeaways

Balance short- and long-term risk perspectives

In a turbulent geopolitical and geoeconomic environment, leaders must allocate time to identify and quantify the potential impact of risks on the horizon, allowing them to proactively invest in risk management and remain resilient to future challenges.

Recognize the interconnected nature of risks

Today’s risks are interconnected and layered. In order to effectively navigate potential challenges, organizations should use scenario planning and similar exercises to understand and analyze the range of possible impacts.

Leverage technology to manage and mitigate risks

Advanced technologies can help organizations identify the most pressing challenges, including talent shortages, productivity issues, and supply chain chokepoints. However, it’s critical to understand the risks that new technologies could introduce and to implement strategies to mitigate these challenges.

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