Top 10 Risks in the Middle East Region - 2021:
Government policies surrounding public health practices, social distancing, return-to-work, crowd limits, and other pandemic-related regulations and protocols may significantly impact the performance of business (new in 2021)
Government policies surrounding public health practices, social distancing, return-to-work, crowd limits, and other pandemic-related regulations and protocols may significantly impact the performance of business (new in 2021)
Economic conditions in markets particularly related to unemployment and government stimulus may significantly restrict growth opportunities for organization.
Sustaining customer loyalty and retention may be increasingly difficult due to evolving customer preferences and/or demographic shifts in organization’s existing customer base (new in 2021)
Resistance to change in organization’s culture may restrict the organization from making necessary adjustments to the business model and core operations
Organization’s succession challenges, ability to attract and retain top talent in a tightening talent market may limit the ability to achieve operational targets
Organization’s ability to access sufficient capital/liquidity may restrict growth opportunities for organization (new in 2021)
Organization’s culture may not sufficiently encourage the timely identification and escalation of risk issues that have the potential to significantly affect the core operations and achievement of strategic objectives
Adoption of digital technologies (AI, robotics, natural language processing,visual recognition software) in the marketplace & org may require new skills that either are in short supply in the market for talent or require significant efforts to upskill & reskill existing employees
Regulatory changes and scrutiny may heighten noticeably affecting the manner in which the products or services will be produced or delivered
Organization may not be able to adapt its business model to embrace the evolving “new normal” imposed on the business by the current pandemic and emerging social change
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