Organisations are facing challenges of unprecedent magnitude in living memory as the world responds to a global pandemic while simultaneously acting on fundamental shifts necessary for a cohesive and sustainable future.
Measures taken by governments, businesses and consumers to contain the spread of the virus have triggered an economic downturn with far-reaching social impact, placing an even greater spotlight on the economic and social divide across Africa and challenging social cohesion.
Whilst financial and liquidity risk management has been the focus of most organisations, the recent Global Risk Management survey report published by Deloitte Global Insights indicates that organisations have been less prepared for the impact of broader business and operational risks on strategy and performance, challenging organisational resilience in areas such as supply chain disruption; cyber security, corporate culture and conduct, responding to increasing pressure to commit to ESG (environmental, social and governance) targets that prioritise people, planet and broader prosperity beyond profit.
The complexities and convergence of new and emerging priorities has fundamentally changed the business landscape, introduced new risks and are forcing organisations to rethink their strategy and business models.
Join our business leaders and panel of experts at the Deloitte Africa Risk Conference 2021, where we will unpack how businesses should be responding to the Future of Risk, leveraging emerging technologies and the implementation of more responsible business practices within their networks to enhance resilience and long-term sustainability, whilst also reframing their business models to leverage a new set of opportunities to sustainability and growth in an uncertain world.