Historically in our survey, the Energy and Utilities industry group tends to have relatively consistent results. However, there are a number of notable changes for 2018. Specifically, succession challenges and organizational culture have jumped into the top five list of risks for 2018, while economic conditions and opportunities for organic growth dropped from the top five.
In assessing the results for how board members and C-suite executives in this industry group view the overall risk environment their organizations will be facing in 2018, there was a significant drop from 2017. This is likely a result of welcome stabilization in oil prices globally, providing some comfort to oil and gas operators as well as other organizations in the broader Energy and Utility industry group.