The level of uncertainty in today’s global marketplace and the velocity of change continue to produce a multitude of potential risks that can disrupt an organization’s business model and strategy on very short notice. This report contains results from our 11th annual worldwide risk survey of directors and executives to obtain their views on the extent to which a broad collection of risks is likely to affect their organizations over the next year - 2023. We analyze variances across different sizes and types of organizations, industry and respondent position, in addition to variations among organizations based in different geographic regions.