Top 10 risks for tech companies in Asia vs. Global
Given Asia’s key role in global technology manufacturing and ongoing supply chain volatility, almost 7 in 10 technology companies in the region responding to the survey expressed greatest concern over contingent business interruption (CBI) and supply chain risk, versus 4 in 10 of technology companies globally.
Reputational risk is also rising in prominence in Asia amidst increasing scrutiny from multiple stakeholders, rising from 10th to 3rd place in the list of highest concern. This is followed by product recall risk, with risk concerns among Asia’s tech firms 31% higher than the global average.
In the wake of the global pandemic, technology companies in Asia have to cope with competing priorities and short and long-term challenges that adversely impact their growth and survival.
Download Marsh’s Asia and Global Technology Industry Risk Study 2023 reports for actionable insights and recommendations to these pertinent questions.