Peter Deans

Assessing Strategic & Emerging Risks: A Comprehensive Guide for Business Leaders In recent years, assessing strategic and emerging risks has become an important feature of risk management frameworks and the effective management of risks. By considering strategic and emerging risks – and the timing of these risks – business leaders are able to navigate external uncertainties and support their organizations in achieving their strategic and financial goals.

Following the Trump Administration’s implementation of reciprocal tariffs this month, businesses face heightened uncertainty and complexity in global trade. Financial markets also face potential disruption and uncertainties in the weeks and months ahead. The following article that explores the key risks and actionable steps for leaders using the 52 Risks® Framework. The Trump Administration’s reciprocal tariffs have reshaped the global trade landscape, introducing new business challenges.

2025 is already shaping up as a potentially challenging year for countries, regions, economies, businesses, and communities. A new president in the US, unresolved wars in Europe and the Middle East, instability in North Asia, macroeconomic pressures, and the ongoing impact of climate change will inevitably create unexpected risks and events. For business leaders, managing external and internal risks is critical in both settled and unsettled times.