Chicago, May 2, 2011– Business leaders across the globe identified economic risk as the greatest threat they face today, but also emphasized the need to innovate, mitigate technology failure and manage talent to compete in the future, according to the findings of Aon’s 2011 Global Risk Management Survey. The web-based biennial report was released today by Aon Risk Solutions, the global risk management business of Aon Corporation. As the global economy continues to recover, the threat of sustained economic trouble weighs heavily on the nearly 1,000 business professionals from 58 countries who participated in the 2011 Global Risk Management Survey. This group identified the economic slowdown as the number one risk facing organizations across all geographies, with 67 percent of respondents reporting loss of income in the last 12 months associated with this risk. George Zsolnay, head of Aon Analytics in the U.S., stated, “The findings shared in our report underscore the undeniable interdependence among various risks as well as economies around the globe. It is more important than ever for organizations to embrace an enterprise-wide approach to managing risk, and optimize their strategy on a global basis.” For the first time in survey history, failure to innovate/meet customer needs made the top 10 list of global risks, debuting at number six. This development reflects growing concern
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