Page 36 - IRMSA Risk Report 2023

6.7 CONCLUSION

The unique challenges of the South African economy, political dynamics and societal
problems are set against the unavoidable backdrop of truly historic global shifts. Well-
established issues, such as globalisation, climate change and power politics, are woven
into the South African landscape.

The drivers that were previously identified continue to inform risk assessments and
scenario analysis in a meaningful way. More generally, the unprecedented volatility
of unpredictable outcomes allows agile risk managers to deepen and develop such
frameworks for strategic deployment.

IRMSA’s drive towards making organisations risk intelligent and resilient speaks to this
complexity, and it is in this context that the report reflects on the past 12 months and
considers threats and opportunities over the next 12 months.

36 IRMSA RISK REPORT 2023/24