What term describes a broad range of uncertainties that can impact an organization's future?

The term that best describes a broad range of uncertainties impacting an organization's future is "risk landscape." This concept encompasses the various factors, influences, and uncertainties that organizations face, including market volatility, regulatory changes, technological advancements, and environmental shifts. The risk landscape is dynamic and constantly evolving, requiring organizations to navigate multiple risks and uncertainties as they develop their strategies.

Understanding the risk landscape is crucial for effective risk management because it allows organizations to identify, assess, and prioritize risks appropriately. This holistic view enables risk managers to devise strategies that address not just immediate risks but also anticipate potential future challenges.

While "risk portfolio" may seem related, it more specifically refers to a collection of risks an organization chooses to take on and manage rather than the broader scope of uncertainties in the environment. Other terms like "risk climate" and "risk register" have distinct definitions focusing on elements like the general atmosphere surrounding risk management and documentation of identified risks, respectively, making them less suitable in this context.