Today’s uncertainty and disruption of business and society is challenging leaders in unforeseen ways. It is amid this environment that with this, our 14th edition, we are changing the title of our cornerstone publication to McKinsey on Risk & Resilience. This change is more of an acknowledgement than a shift. Even before the last year, our work, research, and analysis on these pages had come to reflect the reality that many threats have come to life. “Risk,” as defined by financial institutions, has not changed, and we understand that management of existing and potential threats is only part of the function. Positioning and growth amid this environment is equally essential in an effort to build resilience.
The World Economic Forum’s Resilience Consortium, a collaboration with McKinsey & Company, is a public-private leadership effort to drive global resilience. The consortium brings together leaders from the public and private sectors who are committed to advancing resilience globally – across regions, economies and industries. The aim is to develop a shared, comprehensive view of resilience and its drivers to help policy-makers and business leaders recognize the opportunities and lay the foundations of sustainable and inclusive, long-term global growth.
ACAMS Today: Managing financial crime risks in digital payments