What's Happening?
KPMG has launched the National Critical Industry Readiness Index (NCIRI) to help policymakers assess the readiness of critical industries. Unveiled at the World Defense Show in Riyadh, the index aims to strengthen
the resilience of sectors essential to national security and economic stability, such as energy, telecommunications, and defense. The index provides a holistic view of industry readiness, identifying gaps and enabling proactive interventions to prevent disruptions.
Why It's Important?
The introduction of the NCIRI reflects the increasing need for strategic planning in critical industries amid geopolitical volatility and technological transformation. By providing a framework for assessing industry readiness, the index supports governments in shifting from reactive crisis management to anticipatory governance. This tool could enhance national resilience, ensuring that critical sectors can withstand and recover from disruptions, ultimately safeguarding economic stability and public welfare.
