Study shows global shift in attitudes of leading organizations toward long-tail risks and the impacts on how society will continue to work, travel and convene
More than 130 organizations across multiple industries and four continents in 10 cities participated in coalition meetings, sharing best practices and outlining new priorities to accelerate economic recovery
CHICAGO, Dec. 8, 2020 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm providing a broad range of risk, retirement and health solutions, has published a global report, "Helping Organizations Chart a Course to the New Better," which presents research, regional findings and trends on how organizations have responded to the novel coronavirus (COVID-19) pandemic to date and are adapting to prepare for other emerging long-tail risks.
Beginning in Chicago in June 2020, Work, Travel and Convene Coalitions launched in Australia, Germany, the Netherlands, and Singapore as well as major urban centers Dublin, London, Madrid, New York, and Tokyo, including participation by more than 130 organizations from a broad range of industries. The 10 coalitions formed across four continents to examine issues arising from the pandemic, share key learnings and insights and help develop best practices for moving forward. This report is the result of months of ongoing dialogue with some of the world's leading organizations.
"COVID-19 has fundamentally reordered the priorities of leading public and private organizations around the world," said Greg Case, Chief Executive Officer of Aon. "Our decision to convene these coalitions was driven by a need to build a collaborative roadmap to make better decisions in an increasingly complex world. Rather than accept the so-called new normal, this work leads our clients to define the new better on their own terms."
Along with the coalition dialogue, Aon performed a comprehensive quantitative diagnostic to address readiness, resilience and wellness as well as assess priorities as the pandemic evolved. Spanning more than 15 industries and representing multinational organizations from the U.S, Europe and Asia, key findings include:
Through the coalitions, key themes have emerged by geography as participants identify priorities, build guidelines and best practices and chart the path forward:
The report also highlights six case studies about efforts in handling the COVID-19 pandemic over the past nine months:
"Over the course of this six-month dialogue, coalition participants have reacted to shifting expectations around the duration and ultimate impact of the pandemic," added Case. "Even as we publish these findings, new restrictions and lockdowns are being issued against the backdrop of a global race to approve and distribute a wave of promising vaccines. These realities reinforce that, while there may be a long road ahead, there is in fact a path to a new better for countries, companies and communities around the world."
Through recent research, these Aon-led efforts have identified four core priorities for organizations as they have shifted in response to the pandemic, preparing them to accelerate innovation and address future risks: addressing the underserved, navigating new forms of volatility, building a resilient workforce and rethinking access to capital. The company further examined these client needs in "Helping Clients Navigate an Increasingly Complex World," published earlier this year.
In addition, Aon's August 2020 survey, "Are You Prepared for the Next Big Threat?" asked 800 c-suite leaders and senior executives in the U.S., the EU and the U.K. about their views of future risk in the wake of the COVID-19 pandemic, and is available here.
To access the full report, "Helping Organizations Chart a Course to the New Better," please click here.
Aon plc (NYSE: AON) is a leading global professional services firm providing a broad range of risk, retirement and health solutions. Our 50,000 colleagues in 120 countries empower results for clients by using proprietary data and analytics to deliver insights that reduce volatility and improve performance.
Toll-free (U.S., Canada and Puerto Rico): +1 833 751 8114
International: +1 312 381 3024
SOURCE Aon plc