This year’s Global Risks Report — prepared by the World Economic Forum with the support of Marsh McLennan and others — has highlighted the likely increase of polycrises as interacting risk events compound each other. Business leaders, policymakers, and others need to address the confluence of risks — including macro-economic perils, digitization risks, threats to climate and sustainability, and people challenges. Remaining resilient requires refocusing strategies to be better equipped to manage today’s risks and be better prepared for tomorrow’s. But despite the multiple and interconnected crises the world is facing, there is room for optimism.
In this episode of Risk in Context, Carolina Klint, Marsh’s risk management leader for Europe, Richard Smith-Bingham, executive director of Marsh McLennan Advantage, Amy Barnes, head of Marsh’s Climate and Sustainability Strategy, Sam Glick, global leader for health and life sciences at Oliver Wyman, and Ravin Jesuthasan, global leader of Mercer’s Transformation Services, discuss some of the findings of this year’s report and main takeaways from the World Economic Forum’s annual meeting in Davos when it comes to climate and sustainability, the transforming healthcare environment, and our changing workplaces.