*Dragonfly in the press* - Growing numbers of multinationals are drawing on geopolitical analysis to better navigate an increasingly unpredictable global security landscape. Yet there is a risk of being overwhelmed by analysis that may not be directly relevant to their business operations and strategies – potentially leading to ‘analysis paralysis’. So what kind of intelligence would be genuinely useful to company leaders? Associate Director Matt Ince explains in The World Financial Review: https://lnkd.in/eqTyjq9f #geopolitics #securityintelligence #actionableintelligence #intelligence
Dragonfly (part of FiscalNote)’s Post
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"Growing numbers of multi-nationals are drawing on geopolitical analysis to better navigate an increasingly volatile and unpredictable global security landscape. Yet there is a risk of being overwhelmed by analysis that may or may not be directly relevant to their business operations and strategies – potentially leading to ‘analysis paralysis’." — Matt Ince, associate director at Dragonfly (part of FiscalNote) 💡 Read more from Matt in "As Geopolitical Threats Mount, Companies are at Risk of ‘Analysis Paralysis’" published in The World Financial Review. https://lnkd.in/eqTyjq9f #geopolitics #thoughtleadership #corporatestrategy #securityintelligenc
As Geopolitical Threats Mount, Companies are at Risk of ‘Analysis Paralysis’ - The World Financial Review
https://worldfinancialreview.com
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Today’s world is more connected economically than ever before yet is experiencing significant geopolitical fragmentation. In this context, geopolitical risks are among the top three issues that CEOs believe they must act on in 2023. For management, the imperative of navigating geopolitical risks is obvious, but for a board, the road map is unclear. What is a board’s role, relative to management, in building and stewarding a resilient and thriving enterprise under geopolitical storm clouds? In this article, Mc Kinsey focus on this question and suggest approaches and frameworks for directors’ consideration. In doing so, we draw on our discussions with the boards of leading global companies and our experience as geopolitical risk practitioners and board members.
Geopolitical resilience: The new board imperative
mckinsey.com
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Qualified Risk Director* - IFC Certified Board Member I Board Member and Advisor- Global Financial & Corporate Services I Risk, Audit, Compliance, Remuneration, Governance Committees I Risk & Strategy Executive
Geopolitical Risk Governance is one of the most critical challenges of boards in all organizations. Why not considering how to embrace this risk by joining our The DCRO Institute program https://lnkd.in/e3-5dxPd David R. Koenig, QRD® mouna Saaied @ #boardsofdirectors #geopoliticalrisk
Geopolitical resilience: The new board imperative
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Chief Executive & Board Member | Transform organizations to boost profitability and build sustainable growth
Today’s world is more connected economically than ever before yet is experiencing significant geopolitical fragmentation. For management, the imperative of navigating geopolitical risks is obvious, but for a board, the road map is unclear. What is a board’s role, relative to management, in building and stewarding a resilient and thriving enterprise under geopolitical storm clouds? #geopoliticalrisk #boardofdirectors https://lnkd.in/gCp6fbmc
Geopolitical resilience: The new board imperative
mckinsey.com
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Today’s world is more connected economically than ever before yet is experiencing significant geopolitical fragmentation. In this context, geopolitical risks are among the top three issues that CEOs believe they must act on in 2023. For management, the imperative of navigating geopolitical risks is obvious, but for a board, the road map is unclear. What is a board’s role, relative to management, in building and stewarding a resilient and thriving enterprise under geopolitical storm clouds? In this article, McKinsey & Company focuses on this question and suggests approaches and frameworks for directors’ consideration. In doing so, they draw on their discussions with the boards of leading global companies and our experience as geopolitical risk practitioners and board members. https://lnkd.in/emwGr5jP
Geopolitical resilience: The new board imperative
mckinsey.com
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Security Practitioner | Driving Growth | Cybersecurity | Cybersecurity Transformation | Managed Services | Cloud Security | Privacy | Cyber Resilience | CISA | CRISC | CDPSE | CIPPE | CCSK | ISO27001
The geopolitical outlook is crucial in 2024 due to several key factors: ✅ Increased Complexity and Multipolarity: The world is moving away from a unipolar system dominated by the US towards a multipolar one with numerous powerful actors like China, the EU, and regional powers like India and Brazil. This complex landscape creates uncertainty and raises the potential for conflict on multiple fronts. ⛔️ Heightened Geopolitical Risks: Several pressing issues pose significant risks in 2024, including: 1️⃣ Tensions between Russia and NATO: The ongoing war in Ukraine and broader disagreements over European Security. 2️⃣ Strategic Competition between US and China: Economic and technological rivalry between these superpowers continues to intensify, impacting trade and technology development. #ImpactOnBusinesses: The geopolitical landscape can significantly impact businesses in many ways: 💲Economic Volatility 🛑Sanctions 🛫Travel and Security Risk 🧑💻Technology Advancements 🌎Environment Challenges 🛳️Supply Chain Risks By understanding the key trends and potential risks in the geopolitical landscape, businesses can make informed decisions about their investments, and risk management strategies. It's important to stay updated on developments and adjust plans as needed to navigate the complex and evolving global environment. Please refer to Top 10 geopolitical risks published by EY-Parthenon for 2024. #geopoliticalrisk #Russia #Ukraine #russiaukrainewar #supplychainsecurity #India #china #riskmanagement #cybersecurity #strategy EY
Top 10 geopolitical risks for 2024
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This year’s Corporate risk radar reveals a growing sense of apprehension as leaders combat a convergence of disruptive forces. Upheaval in the political and economic environment has accelerated, with ongoing and expanding global conflicts, a flurry of elections and volatile and unpredictable economic cycles. Geopolitical risk has soared in the hierarchy of high impact risks, from seventh place to fourth in our rankings. Read our report, created in collaboration with Winmark to explore how Geopolitical risk might impact organisations in the next 2-3 years and the steps your business can take to mitigate this: https://bit.ly/3X1IteP Follow #Corporateriskradar2024 to stay up to date.
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Geopolitical risk is at the top of the CEO agenda. In this article, McKinsey calls for board members to help by sharpening their understanding of the geopolitical context, monitoring developments, and exercising oversight over the controls to mitigate these risks. https://lnkd.in/ga6aThnq About RiskLogix: https://lnkd.in/dRXAzuux [email protected] 44 207 377 2250 #geopoliticalrisk #operationalriskmanagement
Geopolitical resilience: The new board imperative
mckinsey.com
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In today's interconnected yet geopolitically fragmented world, boards must proactively navigate these complexities. Geopolitical risk is a key concern for CEOs, with economic interconnections facing new challenges like the US-China strategic competition and the Russia-Ukraine conflict. Boards must enhance their understanding, monitoring, and risk mitigation strategies. Key steps include diversifying board composition with geopolitical expertise, establishing effective committees, and using frameworks like a geopolitical risk dashboard. Effective management of these risks is crucial for guiding companies through uncertain global landscapes. #geopoliticalrisk #BoardLeadership #CorporateStrategy #GlobalEconomy #riskmanagement
Geopolitical resilience: The new board imperative
mckinsey.com
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Thank you for sharing!