Page 27 - 2022 IRMSA Risk Report
P. 27

South Africa Scenarios









         If we agree on the high-level
         scenarios we face as a country and
         FGƂPG  VJG  OQTG  ITCPWNCT  NGXGN               SCENARIO PLANNING IS THE STARTING POINT
         scenarios that our organisations                IN THE PROCESS OF CREATING OUR FUTURE
         face, we can align our efforts                  AND HELPS US TO UNDERSTAND:
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         OCMG VJG RTGHGTTGF UEGPCTKQ EQOG                •  The likely scenarios that may materialise for
         true for our organisations and our                 SA and for our organisations;
         country.                                        •  How our individual strategies could contribute or
                                                            detract from our collective, sustainable success;
         9G  /756  YQTM  VQYCTFU  QPG                    •  How risk appetite is the link between strategy and
         future, by understanding our                       ̅i ÃVi˜>ÀˆœÃ Üi >V̈ÛiÞ ÃÌÀˆÛi ̜ ˆ˜yÕi˜ViÆ
         current reality, the scenarios                  •  How we can implement risk response strategies
         VJCV  OC[  RNC[  QWV  CPF  JQY  YG                 (controls and actions) that would:
         ECP  OCMG  C  RTGHGTTGF  UEGPCTKQ                  œ     ˆ˜yÕi˜Vi > «ÀiviÀÀi` ÃVi˜>Àˆœ ̜ “>ÌiÀˆ>ˆÃiÆ >˜`

         EQOG  VTWG   4KUM  OCPCIGTU  OWUV
         DG  GORQYGTGF   GPCDNGF   CPF                      o  enable us to prosper if one, or a combination of,
         accountable to contribute to this                    `iw˜i` ÃVi˜>ÀˆœÃ LiVœ“i œÕÀ Ài>ˆÌÞ°
         RTQEGUU












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                        IRMSA Risk Report South Africa Risks 2021






         2.2  IRMSA’s Scenarios for South Africa




             “The perfect scenario is when you are living your dream, when you have found your gift
             and when you are working to bring it to perfection… The worst scenario is when you do
                       ˜œÌ Ž˜œÜ ̅i «ÕÀ«œÃi œv ޜÕÀ `>އ̜‡`>Þ i݈ÃÌi˜Vi°» Sunday Adelaja


















                                                                  IRMSA RISK REPORT • SOUTH AFRICA RISKS • EIGHTH EDITION  25
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