Geostrategic Business Group

Political risks are creating both challenges and opportunities for global organizations, creating an imperative to develop more strategic approaches to managing political risk. The Geostrategic Business Group helps companies to do this by translating geopolitical insights into business strategy.

Geostrategy by Design

A new book from the EY Geostrategic Business Group and a professor from the ESG Initiative at the Wharton School, advises executives on how to manage geopolitical risks in the new era of globalization.

Geostrategy design

What EY can do for you

The EY Geostrategic Business Group (GBG) helps organizations translate geopolitical insights into business strategy.

Geopolitics affects every global organization, from strategy to supply chain. Yet, many companies struggle to assess and manage this disruption and the impacts it has on their business.

The GBG harnesses EY’s global footprint and local knowledge, and collaborates with third-party firms to bring an added independent political risk perspective. With the breadth of our strategic and operational knowledge, our teams develop actionable plans to help you better monitor, assess and manage political risks.

We also help you design and implement political risk management at your organization, putting in place the governance and processes that adapt business strategy and broader risk management practices to overcome challenges and seize opportunities associated with an increasingly dynamic geopolitical environment.

In 2019, the GBG collaborated with The Wharton School at the University of Pennsylvania to launch the Wharton Political Risk Lab. This collaboration forms a global innovation ecosystem exploring the relationship between political risk, corporate performance, and political risk management.

To thrive in today’s changing world, we believe all organizations need a geostrategy — the cross-functional integration of political risk management into broader risk management, strategy and governance. To get there, we help companies:

  • Set up processes to identify and monitor political risks across a company’s global footprint
  • Assess the impact of political risk on revenue, supply chain, human capital, finance, R&D and other corporate functions
  • Conduct political risk assessments to inform decisions on market entry, M&A and other strategic transactions
  • Embed political risk in a company’s enterprise risk management (ERM) and other risk frameworks
  • Examine risk management governance, from the boardroom to operations
  • Incorporate geopolitical opportunity and risk analysis into enterprise strategy services

The team

Oliver Jones

EY Global SaT Markets, Sustainability and Geostrategy Leader

Passionate about providing outstanding support to governments and businesses in a fast changing world. Deeply committed to excellence in public policy. Team builder. Mentor. Flexible worker. Husband and father of three.

London, GBR

Nobuko Kobayashi

EY Asia-Pacific Strategy Execution Leader

Multi-cultural thought leader in Japan. Connector and relationship builder. Embodies a bridge that connects Japan with the outside world. Specializes in the Consumer sector.

Tokyo, JPN

Courtney Rickert McCaffrey

EY Global Geostrategic Business Group Insights Leader; EY Global Research Institute Director – EY Knowledge

Geopolitical analyst and strategist. Creative methodologist. Proud feminist. Passionate about generating insights to help executives make better-informed decisions.

Washington, DC, USA

Mary Cline

Senior Advisor, Geostrategic Business Group

Intrepid business and political strategist. Passionate about connecting the dots between politics, economics and business. Committed to delivering insights on critical global challenges.

Washington, DC, USA

Famke Krumbmüller

EY EMEIA Leader, Geostrategic Business Group

Multilingual political analyst and strategist focused on helping businesses understand and manage politics. Passionate about European and global politics, business, innovation and entrepreneurship.

Paris, FRA

Angelika Goliger

EY Africa Chief Economist

A chief economist with a passion for inclusive growth. Avid podcast listener. Runner. Wife and mother to an active daughter.

Johannesburg, ZAF

David Kirsch

Managing Director, Energy, Ernst & Young LLP

Energy professional. Former diplomat. Economic adviser through three global crises. Seasoned in strategy, risk and competitive intelligence. Father of two, international birder.

Houston, USA

Our latest thinking

Geostrategic Analysis: April 2024 edition

Read our April 2024 Geostrategic Analysis for our take on geopolitical developments and the impact of these political risks on international business.

08 Apr 2024 Oliver Jones + 1

Prepare now for the new era of selective globalization

Exploring scenarios for the world in five years reveals divergent paths for geopolitics, economic policies and company strategies. Learn more.

27 Mar 2024 Jeff Wray + 3

Top 10 geopolitical developments for 2024

An even more complex geopolitical environment is on the horizon. Learn how businesses need to innovate and adapt their strategies to stay ahead.

12 Dec 2023 Courtney Rickert McCaffrey + 2

Why a level head is needed to deal with geopolitical risk

Understanding your company’s political risk profile is necessary to set global strategy. It’s time to shore up any gaps in political risk exposure. Learn more.

23 Aug 2023 Courtney Rickert McCaffrey + 1

The CEO Imperative: How will the shifting world order affect your global strategy?

A multipolar world is emerging, requiring a strategic approach to managing political risk. CEOs must understand fundamental geostrategic shifts to plan for the future. Learn more.

22 Aug 2023 Oliver Jones + 2

Case study: How a financial services firm built resilience amid geopolitical flux

EY teams helped a financial services firm analyze the financial consequences of regional political tensions. Learn more in this case study.

30 Jan 2023 Courtney Rickert McCaffrey + 2

How to shift strategy for a new geostrategic era in 2023

Explore how analyzing 2023 geopolitical developments will enable companies to make better strategic decisions. Read more.

13 Dec 2022 Courtney Rickert McCaffrey + 1

How supply chain helps an electronics manufacturer connect customers

EY creates a supply chain optimization strategy for an electronics leader to increase its supply chain resilience.

01 Nov 2022 Glenn Steinberg + 2
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