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Geopolitics affects every global organization. To thrive in today’s changing world, businesses need a geostrategy.
The elevated level of geopolitical risk is creating both challenges and opportunities for global organizations. How these disruptions affect a company will depend on its geographic footprint, industry, size and other characteristics.
It is not enough for executives to understand that political risks exist or are likely to manifest in the coming years. They must map the impact of political risks across their company’s activities to better anticipate and prepare for potential disruptions — reducing their impact and adjusting strategy accordingly.
Successfully navigating this era of heightened geopolitical complexity requires designing and implementing a geostrategy — the broad and cross-functional integration of political risk management into broader risk management, strategy and governance.
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