In our complex geopolitical landscape, companies are increasingly facing disruption to operations and sometimes even pressure to withdraw from certain markets. How can they navigate these issues and communicate effectively about those decisions? In today's Navigating Volatility report, we found that consumers and policymakers expected companies to take a clear stance on sensitive issues, and be transparent about their intended path forward. They also reacted negatively to companies seeming to prioritise their financial interests over "doing the right thing" - and weren't convinced by arguments which cited operational difficulties as the rationale for decision - or indecision. To learn more about our findings for communicating through geopolitical crises, read this next instalment in our research series here: https://lnkd.in/gDt4mjHC
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Milltown recently looked into how consumers and policy elites expect companies to respond to geopolitical crises. We've included a summary of the findings here but ping me if helpful to chat through in more detail.
In our complex geopolitical landscape, companies are increasingly facing disruption to operations and sometimes even pressure to withdraw from certain markets. How can they navigate these issues and communicate effectively about those decisions? In today's Navigating Volatility report, we found that consumers and policymakers expected companies to take a clear stance on sensitive issues, and be transparent about their intended path forward. They also reacted negatively to companies seeming to prioritise their financial interests over "doing the right thing" - and weren't convinced by arguments which cited operational difficulties as the rationale for decision - or indecision. To learn more about our findings for communicating through geopolitical crises, read this next instalment in our research series here: https://lnkd.in/gDt4mjHC
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More interesting insights into Navigating Volatility from the Milltown Partners team….
In our complex geopolitical landscape, companies are increasingly facing disruption to operations and sometimes even pressure to withdraw from certain markets. How can they navigate these issues and communicate effectively about those decisions? In today's Navigating Volatility report, we found that consumers and policymakers expected companies to take a clear stance on sensitive issues, and be transparent about their intended path forward. They also reacted negatively to companies seeming to prioritise their financial interests over "doing the right thing" - and weren't convinced by arguments which cited operational difficulties as the rationale for decision - or indecision. To learn more about our findings for communicating through geopolitical crises, read this next instalment in our research series here: https://lnkd.in/gDt4mjHC
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A new year is just around the corner and as we enter 2024, the global landscape is poised to remain volatile and unpredictable, as geopolitical risks have skyrocketed. Key shifts in power dynamics, technological advancements, wars, and evolving alliances are converging to reshape the international landscape. As a result, geopolitical considerations have become paramount in today’s business world, compelling companies to incorporate comprehensive geopolitical analyses into their business models and strategies. Consilio International AB stands at the forefront of geopolitical expertise, equipped with comprehensive political and economic analysis, including risk indices and scenario strategies. As we wrap up 2023, we have written a report titled “Watershed Moment,” in which we highlight the top ten geopolitical risks for the upcoming year and assess their implications for businesses. To access the report, please reach out to us.
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How can you account for geopolitical developments and incorporate them into your strategic planning? From trade wars, severe supply chain disruptions and sanctions to political instability and social unrest, geopolitical events can have far-reaching implications for businesses. Today, companies must be able to navigate complex challenges and make decisions that enable long-term and sustainable developments while safeguarding their reputation. Yet, mitigating risks is only one part of the equation. Fundamental geopolitical shifts are also changing stakeholder expectations towards companies. As globalization is being rewired, customers, investors, employees, NGOS and others demand that companies take a stand on issues that go beyond their core business operations. To meet these expectations, companies must be ready to anticipate, assess and address interlinked geopolitical, societal and regulatory shifts. This requires continuous analysis of geopolitical developments, as well as a deep understanding of how these developments may affect their business and core stakeholders today and in the future. In doing so, companies can incorporate emerging geopolitical trends into their strategic decisions and engagement strategies. Strategic foresight provides a methodology for assessing big shifts and their impact. Starting from an individual company’s business strategy, foresight helps generate insights to understand which trends matter most to a company, how trends could unfold in different future scenarios, which engagement strategy a company should employ to mitigate risk and which decisions can help make a difference in the future. Find out more about how strategic foresight can help you stay ahead of the curve and navigate geopolitical uncertainties: https://lnkd.in/eMmxaAFs #geopolitics #stakeholderexpectations #reputationmanagement #strategicadvisory #strategicforesight #FGSGlobal
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This week’s Suits the C-Suite article is the first of two parts titled “Multipolarity and de-risking: Navigating geopolitical uncertainties.” It is written by Noel P. Rabaja, the Strategy and Transactions (SaT) Service Leader of SGV & Co. In this article, the author discusses insights from the EY 2024 Geostrategic Outlook, which highlights two critical concepts for organizations as they plan for geopolitical disruptions: multipolarity and de-risking. This first part explains the evolving multipolarity in geopolitics, specifically tackling the developments surrounding the geopolitical multiverse, AI, the oceans, and competition for essential commodities. For example, relationships between major players like the US, EU, and China have grown uncertain, underscoring the need for economic diversification and resilient supply chains. Click here to read the article: SGV’s “Suits the C-Suite” column is published every Monday in BusinessWorld’s Economy Section.
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We continue to experience some of the highest levels of geopolitical risk in decades, which, when compounded with economic uncertainty, directly impacts companies’ supply chains and customers. Chief Market Strategist Ronald Temple shares insights for investors and executives on what to expect within the shifting geopolitical landscape in 2024. To read Ron’s Global Outlook 2024, please click here: https://lnkd.in/eX-gaj7D
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Navigating the complex geopolitical landscape is crucial for businesses in 2024 and beyond. Our Top risks forecast highlights key trends impacting businesses and what leaders can do. Explore the full report: https://social.kpmg/cdq858
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In an era of ongoing global challenges, navigating the complexities of today's geopolitical landscape demands careful consideration and proactive measures. This report analyzes the geopolitical challenges and opportunities businesses will likely face in 2024 and beyond. #kpmgportugal #kpmgforensic
Navigating the complex geopolitical landscape is crucial for businesses in 2024 and beyond. Our Top risks forecast highlights key trends impacting businesses and what leaders can do. Explore the full report: https://social.kpmg/cdq858
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Helping clients with geopolitics and risk management | Corporate Intelligence | Senior Associate | KPMG
Making sense of geopolitics for businesses requires translating global developments into actionable insights for different sectors and industries. This new KPMG report provides a good starting point for understanding risks and opportunities in a more geopolitically fragmented world 🌎 Stefano Moritsch Michael Quigley Christy Lorgen Merriden Varrall
Navigating the complex geopolitical landscape is crucial for businesses in 2024 and beyond. Our Top risks forecast highlights key trends impacting businesses and what leaders can do. Explore the full report: https://social.kpmg/cdq858
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Tamara Box and Deven V. gave insights on the 'Geopolitical Volatility and Business Strategy: Essential Insights for Businesses from Tina Fordham.' This article goes on to discuss the geopolitical nature, business impact, volatility management, current hot spots, broader trends and the strategic focus of geopolitical volatility and business strategy. Full Article Below: https://lnkd.in/eURsXFVt #tinafordham
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