In an era of rising economic nationalism and intensifying rivalries, business leaders with extensive cross-border operations must develop sharper agility and foresight. Their ability to make informed decisions in this volatile environment hinges on the strength of their so-called geopolitical radar – their capacity to effectively track and proactively assess these shifting dynamics.
This requires a fundamental shift in mindset from relying on backward-looking, experience-driven assessments of geopolitical risks to embracing a more forward-looking tracking of geopolitical dynamics, combined with rigorous scenario planning.
This white paper, the result of collaboration between IMD, Boston Consulting Group and the World Economic Forum, provides a status report on how firms are enhancing their detection, understanding and assessment of the many geopolitical factors that have emerged over the past decade.
A new framework encourages leaders to see the world as PLUTO – polarized, liquid, unilateral, tense, and omnirelational. It’s time to think differently and embrace stakeholder capitalism.
Mridul Kumar, India’s ambassador to Switzerland, gives his personal view of his nation’s growing role as a leader in a multipolar world.
Business leaders today should identify their points of leverage – be it public influence, economic power, or industry collaboration – to quietly but effectively push back against policies that undermine democracy, said Daniel Ziblatt, author of the best-selling book “How Democracies Die.”
Faced with the threat of trade fragmentation, many are now waking up to the true value of preserving a rules-based system of cooperation – and business can help defend it too, says WTO Director-General Ngozi Okonjo-Iweala
Forward-thinking leaders proactively shape their external environment, turn uncertainty into certainty, and create substantial value in the process.
The tech broligarchs have invested heavily in Donald Trump but are not getting the payback they bargained for. Do big business and the markets still shape US government policy, or is the President playing a more sinister game?
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