Davos 2013 - World Economic Forum, January 23-27, 2013

The World Economic Forum is an independent international organization committed to improving the state of the world by engaging business, political, academic and other leaders of society to shape global, regional and industry agendas.
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RISK RESPONSE NETWORK In an interdependent, fast-moving world, organizations are increasingly confronted by risks that are complex in nature and global in consequence.

The World Economic Forum’s Risk Response Network (RRN) was launched to provide private and public sector leaders with an independent, impartial platform to map, monitor and mitigate global risks. The network is formed of:

• Leading global corporations
• Governments
• regulatory agencies
• international organizations
• NGOs Research institutions
• Media Leaders

We also collaborate with the Forum’s Global Agenda Councils, a network of more than 1,500 experts focusing on 88 global, regional and industry challenges.

The RRN has three value streams which shape its activities, services and partnerships:
1. Risk Research: The mapping of global risks is achieved via our annual Global Risks Report, which analyses the perceived impact and likelihood of 50 prevalent global risks over a ten year time horizon. The 50 global risks are divided into five categories: economic, environmental, geopolitical, societal and technological risks. Significant constellations of global risks are analysed as major case studies in the report. In addition, the Global Confidence Index quarterly maps global experts’ confidence in the state of the world.

2. Risk Diagnostics: The monitoring of global risks is achieved via a secure digital platform, "TopLink". TopLink is a collaborative, intelligence sharing platform with a social media interface and mobile applications. The "risk radar" and "risk barometer" are among the innovative analytical and self-diagnostic tools in development for TopLink.

3. Risk Response: The mitigation of global risks is achieved by the virtual and physical convening of board members, risk executives and policy-makers responsible for risk management at the highest institutional levels.

For systemic and strategic challenges, the RRN facilitates multi-stakeholder partnerships focusing on exchanging leading practices as well as contingency planning (What If scenarios). For an unfolding crisis or unforeseen event, expert analysis and a virtual “situation” room via Toplink are provided by the RRN.