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<v ->Today, businesses operate in a complex</v>

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and rapidly evolving risk landscape.

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Companies around the world face a wide range of new

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and emerging risks, including cyber and digital,

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climate, trade, geopolitical,

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and supply chain risks.

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While there are many benefits to the interconnected nature

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of modern commerce, it also means that risks can ripple

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and spread through companies, sectors, industries,

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and even entire national economies.

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Managing business today means proactively managing risk.

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As a result, every company has to figure out

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which risks matter most and then identify the best way

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to mitigate and manage high-priority risks

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while meeting changing regulatory requirements.

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At BCG's Global Risk &amp; Compliance practice,

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we have found that integrating risk management

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into core processes builds resilience

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so that companies can withstand stresses

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and thrive even in the most challenging circumstances.

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Embedding risk awareness throughout the organization

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enables leaders to make fact-based strategic decisions

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with the broad understanding of the risks they face

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in different and possibly extreme scenarios.

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Done properly, modern risk management

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can empower organizations, drive value,

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and establish a company's reputation

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as a trusted, reliable corporate citizen.

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Risk is usually seen as something dangerous,

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but companies can actually turn risks into advantages

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by using risk management as a catalyst

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to unlock their full potential.

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Every company has its own unique risks and opportunities.

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Our top leaders apply their deep experience

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to help clients choose and implement the right mix

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of innovative technologies and best practices

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so that managing risk becomes a core part

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of managing their business.

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The goal is not just to survive risks,

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but to be strong risk management skills and processes

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so that companies can thrive and prosper in any scenario.

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(soft music)