Posts Tagged ‘Global Risk Council’

Here in the 21st century, we are experiencing the march towards an integrated, borderless, competitive and turbulent global market place. Amidst the power struggles of nations in a world with depleting natural resources, and ever-evolving technologies, the globalizing world is creating economic opportunities and growth as well as risks and challenges for nation, its governments, industries, organizations and academia (NGIOA) all over the world.

These are changing times. Every nation, its governments, industries, organizations and academia (NGIOA) need to have a common goal of maximizing benefits and minimizing risks. NGIOA must work as a cohesive front for a better national as well as global future and need to not only demonstrate a clear sense of leadership, but also adapt to the changing national/global business fundamentals. Furthermore, NGIOA must be united to address another integral force: the growing complexity of national/global challenges. Today, more than ever before, NGIOA needs an ability to manage present and impending complex national /global challenges.

Meeting national challenges is only the first step. There is a clear need for a  national /global effort to manage national/global risks. A national risk council/global risk council that proactively manages critical risks facing the nation/global community is a need of the time. It is important that such proposed councils advances professional collaboration and a proactive approach among the NGIOA and the global community to establish preparatory measures on critical national and global issues and risks. Transparency, collaboration and a proactive approach are the need of the time, and time is of the essence.

Let me know your thoughts. 

Jayshree Pandya PhD

Global Risk Advisor