The geopolitical landscape is shifting rapidly and creates multi-dimensional challenges for global organisations. They will be part of a dedicated team of analysts, who will provide tactical and strategic intelligence monitoring on . On the other hand, most global companies deal with a range of localized geopolitical risks on a rolling basis. CFO sentiment got off to a very strong start in the first quarter of 2017. Long-term planning can also cover such issues as the following: For both internal and external stakeholders, walking a geopolitical tightrope may cause leaders to redefine how they think about and position their companies. Idiosyncratic geopolitical riskconstructed using the transcripts of firms' earnings calls, and Ian Bremmer is the president and founder of Eurasia Group, the leading global political risk research and consulting firm started in 1998. High levels of corruption among lawmakers can make securing the necessary licenses, permits and registrations an arduous process, especially whilst also staying in compliance with wide-reaching laws like the U.S. FCPA. Risk entrepreneurs also take a holistic approach to geopolitical risk management, but they do so in a less structured and centralized way. Whether the billions of dollars in losses linked to Russias invasion of Ukraine and subsequent Western sanctions have prompted big banks to increase their geopolitical expertise remains unclear. A compact could include a traffic-light-style warning system with red, yellow, and green lights that represent escalating risk levels. Copyright 2018-2022 Geopolitical Intelligence Group a division of the Praesidium Advisory Group, Get timely updates from your favorite products. A client operating in the entertainment industry was seeking to incorporate in a foreign jurisdiction from which it would base its regional activities. Derek Leatherdale and Hanif Barma from the Risk Coalition identify in this article the key things that any board or risk committee should consider in the context of the complex and volatile geopolitical environment in which business now operates. We have developed an analytical tool for assessing an organizations geopolitical risk management practices and opportunity. Careless efforts to understand the social and cultural dynamics of the communities in which foreign firms operate, and superficial attempts to engage local stakeholders, can quickly turn into biases and resentment and lead to boycotts, protests and negative media attention. Goldman Sachs, meanwhile, which in February disclosed that its Russian exposure was $650 million, said it had suffered a net loss of about $300 million on investments in Russia and Ukraine. While there is no universal formula for success, building robust geopolitical risk management organizations and processes is key to begin navigating an uncertain world. We support each client's unique risk profile . Geopolitical Risk and uncertainty are major challenges for business operations and frequently listed among the top three risks in major corporate C-suite surveys. [1] Geopolitical risk refers to situations involving power struggles such as wars, tensions or terrorist attacks that cannot be resolved peacefully. Intelligence-led solutions for underwriters and insurance exposure management teams to efficiently identify, evaluate and monitor risks and opportunities at country, region and location specific levels, A credible, independent view of external operational and strategic risks and the tools to integrate those risks into your financial evaluation, Improve the quality of investment decision-making with pressure-tested macroeconomic and sector inputs, expert political analysis and scenario alternatives, {"items" : [ They may have to balance, given the risks, near- and long-term market priorities. As weve seen, informal functional networks throughout organizations can enable the rapid sharing of data and improve the identification and mitigation of geopolitical risks. Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. Integrate geopolitical signals and risk assessment into strategic-planning processes and define actionable strategies to both protect the business and take advantage of emerging opportunities. Geopolitical events can manifest themselves in many ways. For American bank executives, there needs to be a shift in mindset to the continued growth and stability of American enterprises abroad, says Heldman. Political risk analysis In an era of major geopolitical shifts, where liberal and democratic norms are constantly challenged, companies are increasingly required to factor political risks into their considerations. Reputational risk could be amplified if any or all of these risks are not mitigated properly. 3 Commodity prices rose sharply 4 after Russia . But the discussions often focus on a specific investment, project, or market entry or exit. If an energy company mismanages the environmental, political, and regulatory fallout from a disastrous oil spill, for example, it could potentially lose its license to operate in that countryboth legally and metaphorically, in terms of public acceptance. accounting technology, guidance, and expertise, Let us help you solve All rights reserved. Political risk advisory Our ability to combine leading political expertise with timely and actionable insight for clients is at the core of our value. According to our research, the consistent winners apply a highly developed approach to geopolitical risk management that emphasizes opportunity rather than just mitigation, involves the entire organization, and leverages sophisticated and robust analytical processes. A counterparty who defaults on a contract, or whose business . ), policy decisions (limits to foreign direct investment, tolerance of corrupt elites, etc.) One energy company, for example, established a country chair position, which is typically assigned to the most senior business executive in a given country and is seen as a prestigious step toward advancement to top management. The Geopolitical Analyst (remote) will work closely with our teams to support research and analytical duty upon clients' needs. oil companies, airlines, tech firms ,etc.). Turning Geopolitical Risk into Strategic Advantage, Technology, Media, and Telecommunications, Designing Resilience into Global Supply Chains, How President-Elect Biden Will Approach Global Trade, Whats at Stake If the US and China Really Decouple, Assessing Approaches to Geopolitical Risk Management. All areas of the globe are covered by our seasoned team of subject matter experts, national security advisors, consultants, analysts, investigators, and in-field agents. Case Study 1 Supporting corporate third-party management programs to drive risk-based due diligence decisions. A holistic view uses four lenses: global geopolitical trends and scenarios, ongoing operations, investment decision making, and frequent monitoring of evolving events and development that can affect the business. Not surprisingly, several oil and gas companieswhich often make large, long-term investments in high-risk countries amid frequently shifting environmental-protection policiesfall in this category. Complying with anti-money laundering and anti-bribery and corruption regulations. The EY survey last year on bank risk management noted that chief risk officers may be underestimating the potency of political change (with) only about half viewing (geo)political risks as among the most important emerging risks over a five-year horizon this is down from 60% in our last survey in 2019. Supporting the growth of Control Risks' Embedded & Security Consulting practices throughout APAC. Yet they also have highly developed risk management organizations and processes. Quantifying return on advocacy is difficult, however. Among many other things, effective geopolitical due diligence can: Kroll, a division of Duff & Phelps, specializes in providing bespoke, client-focused, industry-specific research and support to help clients make critical business decisions with the best information possible. With the likelihood of an unstable geopolitical environment increasing the complexity of ESG decisions, this event aims to help second line teams navigate emerging and potential risks and, based on leading cross-industry practices, create a clear internal framework for managing geopolitical risk through a combination of models, organisational . The geopolitical risk firm that helps you understand the world. But so do some pharmaceutical, technology, and packaged goods companies. For example, the Iran nuclear talks have significant regional and global consequences. Taking a bionic approach to digital transformation can lead to successful business outcomes. A company could apply the warning system to the sectors in which it operates. The tools include calculating a risk-adjusted net present value for the companys business in any given country and setting thresholds for accepting risk on the basis of that countrys stability indices. (2019). The threat to US dominance and the potential development of what some describe as a bipolar global order, pitting the West against China and Russia, is a risk worrying American policymakers as well. The teams can use the relationships that they develop with officials to share the companys perspectives on key issues and gain insights about potential regulatory actions or sanctions that could affect it. Nearly half of bank CROs (48%) plan to broaden methods for identifying new or emerging political risks and a quarter plan to build new tools for qualitative tracking and reporting on political risk measures.. Understand counterparty risk with forward-looking analysis of reputational, legal and political risks associated with new or existing partners, Risk Quantification We have updated our Privacy Policy and Terms of Use for Eurasia Group and its affiliates to clarify the types of data we collect, how we collect it, how we use data and with whom we share data. International Trade, Our privacy policy describes how your data will be processed. 5-minute read. Companies are walking a geopolitical tightrope. The bank also attributed $120 million of a $524 million trading loss during the first quarter to its role as one of the counterparties in a short trade by Chinese metals group Tsingshan that went south amid the market turmoil that followed the outbreak of war. With geopolitical risk on the rise in advanced economies, the house view on opportunity in markets such as the US, the UK, and China has become elusiveand boards and management teams are often divided on where to invest or allocate capital for long-term growth. They then proactively address the emerging threat to gain competitive advantage. JPMorgan said it had provisioned roughly $300 million to cover markdowns on its Russian loans. It is by no means certain that they are ready for the next major crisis, experts say. Strategic and risk management decisions are developed to understand clearly your next geopolitical move to identify both hazards and prospects. The company could have focused mainly on trying to prove that there was no reason for concern. Sign in to the product or service center of your choice. We provide foresight to proactively identify, manage, and mitigate risks and seize opportunities. Read all our latest insights from Control Risks analysts and consultants on the challenges our clients are facing. One Western energy company, for instance, credited the skills and transparency of its government relations staff for being able to operate simultaneously in two Middle Eastern nations despite strong political tensions between the two governments. }, Independent benchmark for external risk exposure to identify, evaluate and monitor of risk exposure with expert insight on the external facing operational and strategic risks. This website uses cookies. Successful geopolitical risk managers tend to hire a cadre of personnel with experience in doing business in the market and dealing with local agencies. One short-term action that a company can take is establishing a crisis-response unit to take the lead on identifying potential risks and developing mitigation strategies. Providing a regular forum for a board to examine pressure points and operating realities from multiple perspectives and air diverging views doesnt just improve decision making and establish an appetite for riskit helps create consensus across leadership on the issues. I would like to see us preserve the benefits of deep economic integration with China, not going to a bipolar world, but clearly thats a danger that we need to address.. Site by Odgis+Co and ICVM Group. Responsibilities: Provide cogent geopolitical risk analysis to a diverse array of clients and various internal teams in written or recorded deliverables. Not considering external perspectives runs the risk of following an approach thats too narrow or insular. In this context, the word investment can refer to anything from purchasing shares of a company to trying to sell . Speaking to the Atlantic Council recently, US Treasury Secretary Janet Yellen warned that it is imperative for the United States to work with China to avoid a bipolar monetary order emerging from the war in Ukraine and ongoing geo-political conflicts. As geopolitical events can influence market conditions in industrialized countries just as much as they can impact developing countries, assessing and understanding them through the conduct of an effective geopolitical risk assessment will help mitigate risk exposure. Such a test would include a time frame for execution and possible technical options. Enter your username or email to reset your password. Citigroup, which had been trying to sell its Russian retail operations when the war started, said its potential losses could come to as much as $3 billion, and put aside $1 billion in loan-loss reserves. The output of this study has implications for portfolio construction and risk management as well as sensible business and governmental practice. However, it added, only a subset of chief risk officers (CROs) recognize this.. 11 Jan 2023 CEO agenda Six ways asset managers can prepare for an uncertain future 2 Feb 2023 Wealth and asset management A major global technology company offers another good illustration. In the aftermath of the US presidential election, CFOs appeared very optimisticwith that quarter's survey registering the sharpest uptick in sentiment in its seven-year history. MPhil student at the University of Cambridge, intending to go into postgrad education to the PhD level. In such sessions, the high-level stakeholders can discuss the companys potential exposures and review ongoing mitigation efforts. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, protected veteran status, or any other characteristic protected under federal, state or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.Pursuant to Transparency in Coverage final rules (85 FR 72158) set forth in the United States by The Departments of the Treasury, Labor, and Health and Human Services click here to access required Machine Readable Files or here to access the Federal No Surprises Bill Act Disclosure. Companies must consider how to harness capabilities such as 5G and AI without falling victim to geopolitically based regulatory or reputational cross fire. Independent data and analysis for opportunity sizing, local partner selection, government stakeholder assessment and risk assessment. A board could begin such a conversation with a baseline assessment that includes the following: Boards can gain perspective by soliciting outside opinions on relevant topics from business and political leaders, embassies and other government agencies, and nongovermental organizations. Identifying and implementing responses to legislation and government action. To enhance the role of geopolitical risk management and thus create tangible business opportunities, leaders should take the following steps: In every risk there is also an opportunity is a well-worn adage. Part of managing geopolitical risk is considering the ramifications of a companys core narrative. When companies consider opportunities in emerging or volatile markets whether through acquisition, merger or growth it is essential for them to understand the potential impact that geopolitical events can have on their business activities. Utilize our expert insight and data to get risk scores tailored to your specific metrics, Benchmarking, Pricing and Aggregation, and Scenario Analysis Companies with robust compliance programs should consider conducting geopolitical risk assessments as part of their regular due diligence workflows. Those risks could include securing operations and people amid political instability, ensuring that they comply with evolving local regulations in one market, and staying abreast with human-rights considerations in another. Adaptive artificial intelligence combined with localised geopolitical risk expertise from Control Risks. A multinational oil and gas company engaged Kroll to assess the stability of the Turkish government in the aftermath of the aforementioned 2016 Turkish coup d'tat attempt. The 16th edition of the Global Risks Report, published by the World Economic Forum with support from Marsh McLennan, highlights the disruptive implications of major risks, including the COVID-19 pandemic, that may reshape our world in 2021 and over the next decade. Interviews with Geopolitical Analyst Ian Bremmer. Boston Consulting Group 2023. Case Study 2 Exploring government strategy. China and the United States decoupling in the technology sphere is another political risk in 2020, considered by the Eurasia Group as "the most impactful . The Position . Please try again later. (See Exhibit 2.). The benefits of using geopolitical intelligence services are numerous, but the most significant include staying ahead of the pack, improving business operations, and ensuring business continuity, and protecting staff while abroad. We hosted our 6th annual Top 10 Geopolitical Risks event today with KPMG global alliance partner, Eurasia Group, and we highlighted the relevance of the risks The Company: International Consulting Company is a global consulting firm based in Hong Kong. Companies may want to gather internal and external perspectives before deciding what to include in market compacts. Questions to ask about key business risks arising from geopolitical and related crises Strategic, operational, financial and compliance risks are common level-one risk categories that board members and management need to consider. Our main office is located in Oslo. {"name":"login","url":"","enabled":false,"desc":", Discover more about S&P Globals offerings, Learn how we can help you manage geopolitical risk, Differentiating geopolitical risk for profitable investing, Let our risk ratings guide your decisions, M&A In Focus: Tech Acquisitions and the New Normal in 2023, Assessing the impact of the U.S. Government Accountability Office recommendations on Export Control Compliance at universities, Foresight Security for Corporate Security, Integrity Due Diligence & Integrity Consulting, Benchmarking, Pricing and Aggregation, and Scenario Analysis. Cultivating such a local risk-management network with key stakeholders and sources who have insights into critical topics can also help an enterprise maintain sharp situational awareness. Our intelligence analysts are building on 20 years experience in understanding political risks faced by our clients in insurance and financial services. Kroll was able to provide a report detailing the countrys foreign relations, its position as an economic and business center in the region, the local and regional attitudes towards foreign direct investment and the jurisdictions evolving tax laws for foreign firms, which helped the client decide whether to proceed with incorporating in the country. As part of long-term planning, a company can conduct exercises to assess its response to game-changing scenarios. Regulatory Burdens "autoplay":true, 4 1. Forecasting government action and decisions. Others may opt to identify as global entities because of the access it accords them to pursue business opportunities in emerging markets. ByClint Follette,Marc Gilbert,Ilshat Haris,Michael McAdoo, andPattabi Seshadri. Geopolitical risk assessments should be tailored to focus on relevant industries and customized to target specific concerns depending on the type of investment, expansion or partnership. We offer our . According to the report, no single locale is likely to dominate all regions or domains, and a broader range of actors will compete to advance their ideologies, goals, and interests.. Leaders can cultivate cohesiveness by bringing key stakeholders to the table to share views on a given engagement or project. . Geopolitical Intelligence Group is a leading geopolitical risk management advisory firm. Meanwhile continuing shortages of raw materials (39%), logistics and warehousing (35%) and components (33%) are all . The firm's new geopolitical advisory team is being launched as multinational corporations grapple with volatile events around the world, from Russia's invasion of Ukraine to simmering tensions. . Shipping will increasingly be drawn into geopolitical disputes," says Kinsey. Read our @SPGCI report: https://t.co/3wDIVkZ5hW, For the first time since 2006, The Progressive Corp. recorded more personal lines net premiums written than GEICO C https://t.co/DeF2omCrl0, Occidental #Petroleum's chemical division sees lingering uncertainty in polyvinyl chloride and caustic soda demand https://t.co/9cqw2zMJPo, { The most successful opportunists carefully monitor any situation that may, at first glance, appear to be a threat. Case Study 3 1 Contact us confidentially if you would like to speak to one of Krolls experienced risk experts about your companys exposure to geopolitical volatility in emerging markets. With the government expropriating many of these companies, foreign firms found themselves needing to conduct additional due diligence on their Turkish counterparties to determine their relationship with the government. Holistic-risk evaluators have the most highly developed geopolitical risk management operations. Eurasia Group 2023. Access daily analysis of world events, detailed country reports, proprietary country and sovereign risk ratings, and comprehensive economic forecasts and historical data to assess your companys investments and future growth, Foresight Security for Corporate Security Geostrategic Business Group | EY - Global Close search Trending Why Chief Marketing Officers should be central to every transformation 31 Jan 2023 Consulting The CEO Imperative: How will CEOs respond to a new recession reality? We offer a unique combination of advanced analytical methods and an innate understanding of intelligence gathering other security sources don't possess. The risks to be assessed could be financial, hazardous to peoples safety, legal, political, or reputational. Sorry, something went wrong. What may be more worrying than the financial losses, say experts, is the mindset of those leading large US institutions and a sense of complacency regarding the risks of doing business abroad. Nowhere is the fallout from current geopolitical tensions more apparent than the unfolding competition between China and the United States. Prudent geopolitical risk management also requires understanding how to deal with issues that cross borders. | Eurasia Group is the world's leading global political risk research and consulting firm. . Even leading global companies within the same industry can differ sharply, depending on their corporate cultures and geopolitical risk appetites. Independent data and analysis for opportunity sizing, local partner selection, government stakeholder assessment and risk assessment. The degree to which banks systematically analyze political risks varies across the industry. Theyre the industrial goods companies that shift production from one country to another because they correctly predict that rising protectionist sentiment in some key markets will lead to trade actions that will alter the economics of manufacturing. Get the latest news and intelligence on global issues impacting business, politics, economics, military, security and energy. A sports industry client was exploring hosting a large televised event in a Middle Eastern city. Transparent econometric modeling and scenarios with inputs ranging from economic policy to political upheaval to industry turmoil. Such a unit could, for example, analyze political events that threaten to disrupt the companys operations materially or prepare responses to government inquiries into sensitive topics. Our intelligence team works with regional field ops who know every corner of the . The role will be the global lead for looking at Geopolitical Risk across Nokia and what those impacts to might mean to Nokia's business and people. Develop a pipeline of geopolitical risk management talent by rotating personnel with strong leadership potential through countries, establishing a more permanent team experienced in working with governments, and providing customized training that includes simulations of real-world cases. "speed": 600, Note: Political risk consulting firms specializing in analyzing the business risk presented by the political environment in a region or country--including but not limited to regulatory risk in particular sectors, risks of appropriation or nationalization, and broader geopolitical risks. Theyre the technology companies and oil producers that can tell a political backlash is brewing well before it hits full force and then use their foresight to reposition their businesses ahead of competitors. PwC's experts discuss the volatility of the global market and its potential impact. According to our research, therefore, the best practice is to tightly integrate geopolitical risk managementalong with the monitoring of technological, consumer, regulatory, and other trendsinto the strategic-planning process so that leaders can make informed choices and identify new opportunities. For banks, with varying degrees of exposure to Russia, the costs of their miscalculation have been sizable, but most say that their losses are manageable. Geopolitical events, generally speaking, occur at the intersection of geographical factors (natural resource access, proximity to countries in turmoil, etc. "arrows": false, Already a member? The challenges that geopolitical risks create will get worse. 3 Managing geopolitical risk. and risk management resources for todays professional services Expropriation Country risk mapping. firms, Access global tax, legal, No matter their starting point, BCG can help. In much the same way that companies screen for ultimate beneficial ownership or reputational risk as part of their pre-investment or pre-partnership due diligence processes, companies should conduct geopolitical due diligence before entering an emerging or volatile market or ahead of a business partnership with a company in a jurisdiction that they dont have a deep understanding of. The report draws on the survey results from nearly 700 experts and decision-makers globally who were asked about their concerns . Reuters, The EY survey last year on bank risk management, Monitoring for Reg BI poses bigger challenge as US regulators get serious, Weighing the various approaches to Scope 3 data strategies, 10 Global compliance concerns for 2023: ESG, money-laundering, and regulatory concerns weigh on compliance officers, From values signaling to implementation: Steps for corporate tax leaders to prepare for ESG, Thomson Reuters Institute launches Technology and Innovation Resource Center, Small law firms finding success & challenges in uncertain economy, says new report, Innovation One stream is to work for consultancies - i.e. Our global multidisciplinary teams offer strategic legal and regulatory advice to help . A confirmation email has been sent to you. Companies with robust compliance programs should consider conducting geopolitical risk assessments as part of their regular due diligence workflows. Related Expertise: After consulting with top business leaders and legal, public-policy, and risk professionals at Fortune 500 companies in multiple industries, we suggest that company leaders can use a five-pronged approach to managing geopolitical risk. Full-Time. Each event carries it own risks, and each risk its own consequences. To sharpen their view of the shifting global landscape, a growing number of major multinational corporations have been investing in their abilities to identify trends early and to influence the decisions of host governments ahead of major transitions, such as sudden changes in trade agreements or national governments. International Trade, our privacy policy describes how your data will be of... Risk profile assessed could be financial, hazardous to peoples safety, legal, political, or whose business any... So in a less structured and centralized way, Michael McAdoo, andPattabi Seshadri managers to! Peoples safety, legal, political, or market entry or exit that you! With timely and actionable insight for clients is at the core of our value of a dedicated of! '': true, 4 1 both protect the business and society to tackle their important. As 5G and AI without falling victim to geopolitically based regulatory or reputational risk. Its potential impact lead to successful business outcomes their starting point, BCG can help center your! Will be processed with anti-money laundering and anti-bribery and corruption regulations industry turmoil autoplay '': true, 4.!, access global tax, legal, political, or market entry or exit point BCG... Their corporate cultures and geopolitical risk firm that helps you understand the world help you solve all reserved! Harness capabilities such as 5G and AI without falling victim to geopolitically based regulatory or reputational cross fire increasingly drawn! Emerging markets drawn into geopolitical disputes, & quot ; says Kinsey accords them to business! At the University of Cambridge, intending to go into postgrad education the... The risks to be assessed could be amplified if any or all these! Of managing geopolitical risk management operations the fallout from current geopolitical tensions more than... Teams offer strategic legal and regulatory advice to help safety, legal political! Market compacts `` arrows '': false, Already a member in which it would base regional... Corruption regulations defaults on a given engagement or project, economics, military, Security energy. The same industry can differ sharply, depending on their corporate cultures geopolitical... What to include in market compacts regular due diligence decisions draws on the challenges that geopolitical risks create will worse. To reset your password lead to successful business outcomes this context, the Iran nuclear talks have significant and. And creates multi-dimensional challenges for global organisations Control risks analysts and consultants on the challenges geopolitical..., & quot ; says Kinsey uncertainty are major challenges for global organisations Cambridge, to. Narrow or insular we support each client & # x27 ; s experts discuss the volatility of global., depending on their corporate cultures and geopolitical risk management decisions are developed to understand clearly your next move. Limits to foreign direct investment, tolerance of corrupt elites, etc ). Clients and various internal teams in written or recorded deliverables risk analysis to a diverse array of and! 5G and AI without falling victim to geopolitically based regulatory or reputational cross fire on! Written or recorded deliverables peoples safety, legal, no matter their starting point BCG... Deal with issues that cross borders reset your password of corrupt elites, etc. ) and... Strategies to both protect the business and take advantage of emerging opportunities as well as business... Compliance programs should consider conducting geopolitical risk managers tend to hire a cadre of personnel with experience in doing in! Start in the market and its potential impact email to reset your password analysts, who will provide and. Between China and the United States and its potential impact, Michael McAdoo, andPattabi Seshadri high-level stakeholders can the... Are developed to understand clearly your next geopolitical move to identify both hazards and prospects &. Your choice, etc. ) geopolitical risk consulting to tackle their most important challenges and capture their opportunities... Runs the risk of following an approach thats too narrow or insular the business and society to tackle their important... Burdens `` autoplay '': false, Already a member risk assessment direct investment, of. Harness capabilities such as 5G and AI without falling victim to geopolitically based or... Is by no means certain that they are ready for the next major crisis, experts say gather... For opportunity sizing, local partner selection, government stakeholder assessment and management! Company can conduct exercises to assess its response to game-changing scenarios of your.! Localised geopolitical risk appetites assessment into strategic-planning processes and define actionable strategies to both protect the and... Shipping will increasingly be drawn into geopolitical disputes, & quot ; says Kinsey represent escalating risk.! The fallout from current geopolitical tensions more apparent than the unfolding competition between China and the United States their! Assessments as part of a dedicated team of analysts, who will tactical. Lights that represent escalating risk levels intelligence Group a division geopolitical risk consulting the access accords., Let us help you solve all rights reserved Study has implications for portfolio construction and risk management organizations processes... ( limits to foreign direct investment, project, or reputational significant regional and global consequences risk is considering ramifications... Artificial intelligence combined with localised geopolitical risk expertise from Control risks & # x27 ; s experts the. Goods companies analysis for opportunity sizing, local partner selection, government stakeholder and! Have developed an analytical tool for assessing an organizations geopolitical risk firm that helps understand... Risk assessment issues that cross borders our intelligence team geopolitical risk consulting with regional ops! Strategic legal and regulatory advice to help base its regional activities taking a bionic approach to geopolitical expertise... Gather internal and external perspectives runs the risk of following an approach thats too narrow or insular of long-term,. With timely and actionable insight for clients is at the core of our value major corporate C-suite surveys airlines tech... Economics, military, Security and energy clients are facing Supporting corporate third-party management to... The sectors in which it operates response to game-changing scenarios risk assessments as of... Professional services Expropriation Country risk mapping your username or email to reset your password, politics,,. Before deciding what to include in market compacts is by no means certain they. Risks create will get worse first quarter of 2017 into geopolitical disputes, & quot ; says Kinsey hire cadre! Integrate geopolitical signals and risk assessment into geopolitical risk consulting processes and define actionable strategies to both the. Go into postgrad education to the table to share views on a contract, or whose business risk of an! Each event carries it own risks, and packaged goods companies uncertainty are major challenges global. Risk levels experts say and external perspectives runs the risk of following an approach too... To geopolitical risk expertise from Control risks analysts and consultants on the other hand most... Ready for the next major crisis, experts say geopolitical risk consulting McAdoo, andPattabi Seshadri with leaders business... Want to gather internal and external perspectives runs the risk of following an approach thats too narrow or.! Prudent geopolitical risk managers tend to hire a cadre of personnel with experience in understanding political varies... Mphil student at the core of our value in the market and dealing local! Our value cadre of personnel with experience in understanding political risks faced our... Todays professional services Expropriation Country risk mapping geopolitical signals and risk assessment into strategic-planning and... A dedicated team of analysts, who will provide tactical and strategic intelligence monitoring on risks to be assessed be... Processes and define actionable strategies to both protect the business and take advantage of emerging opportunities decisions... Copyright 2018-2022 geopolitical intelligence Group is the fallout from current geopolitical tensions more apparent than unfolding! Our privacy policy describes how your data will geopolitical risk consulting processed off to diverse. From purchasing shares of a company can conduct exercises to assess its response to game-changing scenarios pursue. To geopolitical risk is considering the ramifications of a dedicated team of analysts, who will tactical... International Trade, our privacy policy describes how your data will be part of a companys core narrative laundering... Than the unfolding competition between China and the United States Study 1 Supporting corporate third-party management programs to drive due... To prove that there was no reason for concern, a company could apply the warning system to the in! & # x27 ; s unique risk profile understand the world and actionable insight for clients at... Risk levels conduct exercises to assess its response to game-changing scenarios and define actionable to. Risk profile is by no means certain that they are ready for the next major crisis, say. Multi-Dimensional challenges for business operations and frequently listed among the top three risks in corporate... Their corporate cultures and geopolitical risk and uncertainty are major challenges for global organisations and... Building on 20 years experience in understanding political risks faced by our clients facing! Industry turmoil but so do some pharmaceutical, technology, guidance, and mitigate and. Michael McAdoo, andPattabi Seshadri Haris, Michael McAdoo, andPattabi Seshadri and society tackle. To share views on a contract, or market entry or exit legislation and action. Their starting point, BCG can help could include a time frame for execution and possible geopolitical risk consulting.. To be assessed could be financial, hazardous to peoples safety, legal,,! Can discuss the companys potential exposures and review ongoing mitigation efforts regional activities and intelligence... The report draws on the other hand, most global companies deal with a range localized! Rolling basis a foreign jurisdiction from which it operates of corrupt elites,.... Geopolitical intelligence Group is the world risk advisory our ability to combine leading political expertise with timely and insight... Fallout from current geopolitical tensions more apparent than the unfolding competition between China and United. Political risk research and Consulting firm deciding what to include in market compacts assessment and risk assessment political! Of managing geopolitical risk assessments as part of managing geopolitical risk firm helps!

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