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WEF Report Shows a Year of Disruption and Upheaval in all Sectors

Every year the World Economic Forum (WEF) releases its Annual Report—a document that provides a comprehensive, systems-oriented, future-looking strategic guide to help global leaders tackle the most current challenges facing our world today. This year the WEF asked 750 experts to identify the most acute global concerns and CNBC reported on the top five.

Spoiler Alert: We have a lot to work on.

Here are the top 5 categories in brief:

  1. The Economy: Growth & Reform
  2. Society: Rebuilding Communities
  3. Technology: Managing Disruption
  4. Geopolitics: Strengthening Cooperation
  5. Environment: Accelerating Action

Across the world, 2016 ushered in a year of disruptions and upheavals in all sectors of society.  Major political changes, including the rise of populism, have raised questions about identity and culture. Equally major changes in technology have led to geopolitical and job instability, and exacerbated social relations.

The climate of environmental risks is no better, mirroring societal and technological conditions. Extreme weather events, climate change, and water crises are becoming increasingly frequent, highlighting the ever more urgent need for global cooperation.  Yet, Global Risk Perception experts noted the decrease in international commitments and cooperation in 2016.

Take Away: It’s not looking too good.

The But: Rather than focus on the bleak nature of the WEF’s report, let this serve as a wake-up call, drawing our attention to the huge and interconnected nature of the global system in which we live. Take notes and make positive change happen. And stay tuned for what 2017 will bring.

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