Risk Ventures

According to a report by Ernst & Young, in collaboration with Oxford Analytica — “Strategic Business Risk: 2008” — regulatory and compliance risks tops the charts, according to surveyed analysts, as the greatest strategic challenge facing leading global businesses in 2008 in key industry sectors.

The top ten strategic risks, according to 70 surveyed analysts, include:

*Regulatory and compliance risk *Global financial shocks *Aging consumers and workforce *The inability to capitalize on emerging markets *Industry consolidation/transition *Energy shocks *Execution of strategic transactions *Cost inflation *Radical greening *Consumer demand shifts 

The report also highlights the five fastest-rising threats that could also have a significant impact over the next three to five years: 

*War for Talent*Pandemic*Private Equity’s Rise*Inability to Innovate *China’s Setback