As cyber risk and advanced analytics demand increasing attention from the c-suite, we are about to enter a fundamentally different period, said Bill Stewart, executive vice president and leader of Booz Allens commercial cyber business.
While the C-Suite admits that finding top talent is a significant barrier to business growth, executives see the shift towards gig-based work as a threat instead of an opportunity, with 77 percent responding that the gig economy will result in the loss of IT staff.
According to a recent survey a full 70 percent of C-suite executives across all industries say that regulatory changes have caused either substantial or moderate changes in their risk management and reporting processes in the past two years.
The 10th annual Excellence in Risk Management survey, a joint effort by Marsh and the Risk and Insurance Management Society (RIMS), surveyed more than 1,200 risk managers, C-suite members, and others involved in risk functions in 2013.
However, the gap in total median compensation increases between C-suite executives and all other senior executives Was noteworthy, according to a just-released study of REIT executive compensation trends.