French CaldwellDoesn’t it feel weird for the U.S. federal government to take over an automobile manufacturer? The assumption here is that bankruptcy of GM is a greater economic systemic risk than the economy can handle right now. There is not a lot of trust in the economy right now.
I catalog macro-systemic risks into six critical uncertainties that you can make your own assumptions about, and decide how they affect risk management in your enterprise:
1 — Trust in the connected economy — it’s like a a stool with three legs — finance, confidence (investor, consumer), ethics — all three are damaged
2 — Pace of globalization — slowing a lot
3 — Fourth generation warfare — highly assymetrical (like rowboats of pirates vs an international naval task force) — who’s winning?
4 — Environmental sustainability — no matter what you believe on climate change, it’s still a critical uncertainty on the business impact
5 — Social e-governance — how does society organize with advent of social networks
6 — The Impact of Regulating Cyberspace — considering all the above
I’ll be talking about these critical uncertainties and their impacts tomorrow at the Gartner Risk Management and Compliance Summit.
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