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Given the Washington Circus and the global confusion, it’s safe to say that macro risk is on the rise. From Artificial Intelligence to Global Warming, there are few who doubt that civilizations around the world may be rushing toward an inflection point in history. Hopefully, it won’t be a zero-sum situation. But, one never knows. As individuals, as well as corporations and institutions, we all need to be thinking about risk mitigation So, what should CEOs be doing to help mitigate the growing uncertainties of our time? Identify the “Killer Risks” While there is a universe of risks out there, it is important to prioritize those with the greatest impact. There are specific industry risks as well as “macro” risks (War, economic depression, Hyperinflation, global health epidemics, and all the other dystopic events). While industry risks are a normal part of doing business, myopia can be dangerous. While most of…
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