Global economic risks as at September 2010
When taking strategic decisions, it is important to understand the current and future environments in which the decision will be enacted , that is we must undertake some scenario planning. The global economic context is an important input to this.
On a monthly basis, the EIU update their global risks and rate the likelihood and impact of the top ten. The document below portrays those risk graphically and adds two further dimensions:
- likely speed of occurrence (ie how long will we have to react) and
- intensity of the risk or opportunity based on a judgemental combination of the other three factors .