While the elevation of the risk agenda has been ongoing, it has recently picked up speed in the construction industry, as major international events demonstrate. According to the latest McKinsey Board Survey, risk management ranks as one of the five top priorities for boards who need to manage a wide spectrum of risks and build resilience. As more directors become acutely aware of their fiduciary responsibility in a changing risk environment, they need to better understand the new risk agendas themselves, ensure that they have adequate risk strategies and demand improved risk awareness from their management team.
This session will explore how and why risk has risen on the agenda for CEO’s, what is their approach to risk, what changes they have implemented within their organisation in order to manage risk and what new threats they foresee.