Salvador Alemany, President
(Letter of presentation of the 1st edition of the Risk Observatory for Companies in Spain)
Two years after the COVID-19 pandemic began, we are seeing how some of the measures that were adopted suddenly, in the early months, are becoming consolidated resulting in unprecedented changes in companies and their environment. These include social distancing measures, the acceleration of digitalisation, greater appreciation of public services and breakdowns in the global supply chains. These changes marking the political and social agenda of the countries, as is the climate emergency which is once again gaining importance.
We do not know what future crises will be like, or what the challenges to be faced tomorrow will be. However, we do know which are the risks that already pose a threat to our environment and to our organisations now, in 2022. And we need to be prepared for them. Being prepared begins with gaining an in depth understanding of the threats, of their underlying factors and the variables that can cause or accelerate any particular scenario. A pre-requisite for this understanding is a grounding in the context at the global level, especially at the European level and then, at the national level to understand the Spanish context.
Managing risks requires making decisions in the short term whilst also accounting for long term uncertainty, and also accepting the uncertainty about the benefit of those decisions or the potential return on investments.
In this context, from Institut Cerdà, we want to contribute to economic and social growth with this survey of risks from the perspective of companies. We want to stimulate interest in this area, corroborate concerns that we have identified in the business environment, and generate warnings where necessary.
Our 2022 Risk Observatory not only confirms the appearance or emergence of new risks, and the consolidation of already known risks, but also highlights just how interrelated they all are and how this interrelationship can result in a larger and more profound impact amplify on people, companies and society as a whole.
We have the opportunity not only to prepare ourselves, but also to anticipate the next crises. This Observatory intends to be exploit this opportunity by offering a wide ranging reflection on the Spanish context and on those factors that mitigate the risks for the business sector.
We intend to help companies start their own processes of risk analysis, minimisation and prevention, if they are not already doing so.
This is part of Institut Cerdà’s service vocation: to provide expert knowledge and elements for reflection that serve to guide action, prevention, preparation and, ultimately, contribute to the resilience of the economic and social fabric.