(from RSM) Experts predict economic growth will slow in 2019, largely due to the receding effects of the 2017 tax cuts, with a 21 percent chance or recession. Such a downturn would likely mirror the dot-com slowdown of the early 2000s more than the Great Recession of 2008. At the same time, unemployment will likely remain low, and recruiting and retaining skilled talent will be challenging, with fewer than one unemployed individual per job opening. Other risks include those of culture and conduct, which when out-of-line impact organizational reputation and can incur penalties. Cloud computing risk and compliance as well as data privacy are also concerns.
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