By JOSÉ ÁNGEL DE LA PAZ | EGADE BUSINESS SCHOOL
The close of Season 11 of Territorio Negocios, the podcast of EGADE Business School at Tecnológico de Monterrey, invites reflection on an environment in which uncertainty has ceased to be the exception.
In this episode, Lorena Gutiérrez, Regional Head of Risk Capital at Aon, speaks with Horacio Arredondo, Dean of EGADE Business School, about the main risks organizations will face on the road to 2026 and why preparation, anticipation, and resilience have become strategic advantages for business leadership.
Gutiérrez warned that the current landscape is marked by growing complexity.
“From 2023 to 2025, the risk landscape has evolved in a complex—and above all, very rapid—way, with economic, political, and environmental pressures converging,” she noted, explaining that this interaction generates simultaneous impacts across multiple areas of business.
In this context, she shared findings from the 2025 Aon Global Risk Management Survey, conducted with more than 3,000 risk managers across 60 countries, including significant representation from Latin America.
According to the results, business interruption remains the top concern, driven by supply chain disruptions and climate-related and catastrophic events—such as hurricanes and wildfires—that delay a return to normal operations and generate economic losses.
“These economic losses are significant and rank among the main concerns of risk managers,” she emphasized.
The specialist explained that regulatory and legislative changes rank second, closely linked to political instability in Latin America, creating an unpredictable business environment that forces companies to adjust investment plans and maintain constant scenario planning.
Added to this are cyberattacks, whose increasing sophistication and economic impact are causing growing concern among companies.
“Today, we see that anyone can be vulnerable to this,” Gutiérrez said, noting that even large, highly reputable organizations have experienced such incidents.
For his part, Arredondo highlighted that this scenario demands new leadership capabilities.
“Today, the greatest challenge is not predicting the future, but being prepared for when ‘normality’ breaks down again,” he said.
The Dean underscored the importance of strengthening three key capabilities—anticipation, preparation, and resilience—in an environment shaped by the convergence of geopolitical, climate, technological, and business risks.
He also emphasized the role of advanced analytics and artificial intelligence in addressing this complexity.
“We are going to have a very strong capacity to interconnect events and to shape the future,” Arredondo noted, highlighting the strategic value of data for making more informed decisions in highly uncertain contexts.
Both agreed that organizations that assess and quantify their risks, manage them proactively, and strengthen their adaptive capacity will be better prepared to navigate a 2026 marked by rapid and unexpected change.
With this episode, Territorio Negocios concluded its 2025 programming. The podcast will return in 2026 with new episodes every Tuesday, available on Spotify, Apple Podcasts, Amazon Music, and YouTube.
