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. 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. Sorry, something went wrong. 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. 5. Such a consensus can create a set of guiding principlesand, as importantly, a set of trust-based relationships and mutual understanding across the organizationthat enables rapid, purposeful reaction grounded in a shared set of priorities when risk scenarios play out. Eurasia Group's advisory and consulting business is built upon a research platform of leading political risk analysts and management consultants with deep country and sector expertise. 4 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. Andrew S. Grove, Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company, New York, NY: Currency, 1996. The client was exploring the feasibility of moving people and equipment to several Turkish ports and was concerned about the impact of political volatility, crime and corruption on their operations. Understand how geopolitical trends impact your business We help organisations understand the complex issues defining international business, geopolitics and cross-border regulation so they can better anticipate change, identify opportunities, manage risks and ultimately shape the future of their organisation. 2. 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. Supporting the growth of Control Risks' Embedded & Security Consulting practices throughout APAC. In such discussions, its of utmost importance to make sure that all affected geographic regions are represented. Theyre the equity investors that reap rich returns by snapping up stakes in undervaluedbut soundassets in the challenging emerging markets that others shun. 3 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. It is by no means certain that they are ready for the next major crisis, experts say. Cyber risks are believed to have the deepest impact on supply chains rated by 34% as a high impact and 54% as medium. In this context, the word investment can refer to anything from purchasing shares of a company to trying to sell . | Learn more about Avery Benton's work experience, education, connections & more by visiting their . The geopolitical risk firm that helps you understand the world. 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. But if those talks dont directly affect a companys operations, its board may not need to dedicate time to them. Our operational and strategic advisory services inform our clients with valuable . SVA. Violence and Civil Unrest Indeed, in its most recent geopolitical risk dashboard, the BlackRock Investment Institute put a technological decoupling between China and the United States as the third highest risk, with a widening of the conflict in Ukraine between NATO and Russia and major cyber-attacks causing significant damage to infrastructure and financial markets seen as the top two risks. For that reason, a company may need to issue guidance on a range of other topics, such as the appropriate way to discuss geopolitically sensitive topics in publications or speeches and how to depict contested borders on maps. Operations in countries with poor human rights records can cause supply chain disruptions but can also lead to reputational damage and give rise to class action lawsuits, public boycotts or stockholder divestment campaigns. Creating short-term, midterm, and long-term response strategies ensures that a company can not only handle a fast-changing situation or emergency but also make the investments needed to seize opportunities and become more resilient. People may worry that a company will hold itself to different standards in different regions. Thats one finding from the US National Intelligence Councils report Global Trends 2040: A more contested world. The ability to proactively navigate turbulence can mean the difference between prospering through a crisis or falling victim. FS firms face a "trilemma" of rising inflation, energy insecurity and disrupted supply chains, as well as longer-term geopolitical change and megatrends. Such a test would include a time frame for execution and possible technical options. 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. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholdersempowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact. Thank you! 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. Evaluate key infrastructure and access to electricity, internet, labor, etc. | Eurasia Group is the world's leading global political risk research and consulting firm. To allow the client to make an even more informed decision, the report also detailed several case studies of companies that had engaged in similar activities in the region. The Position . In-depth analysis, they recognize, does not come solely from algorithms. As a management consultant, Dr. Smith has worked for PA Consulting Group . Stratfor Worldview is the world's leading geopolitical intelligence platform. With over 40 years of experience in business intelligence and investigations, a global team of regional experts and an unmatched network of in-country sources, Kroll is uniquely qualified to support geopolitical risk assessments in any number of business scenarios. In volatile times such as these, a companys instinct is to focus on defenseto protect the business from harm. With tectonic shifts in geopolitics rumbling from Chinas reemergence on the global stage, a climate crisis, and the Fourth Industrial Revolution, companies must be on guard. The companies with the most disciplined approach, however, often use a combination of processes and tools to look at risks during different time frames and with different rates of periodic review. In a world where nationalistic sentiments are on the rise, no country dominates, and regulations and standards are fragmenting, such situations are bound to accelerate. The organization saw a troubling trend in a number of key markets that could potentially threaten its growing cloud-storage business: mounting anxiety on the part of policymakers and customers, who were worried that local governments could access confidential data kept on servers in certain countries. Related Expertise: Discussions can focus on three risk areas: brand and reputation; operational issues, such as cybersecurity strategy; and products, services, and partnerships. Whats more, the COVID-19 pandemic has brought geopolitical risk factors into sharp relief. (See Exhibit 1.) Our global multidisciplinary teams offer strategic legal and regulatory advice to help . The Company: International Consulting Company is a global consulting firm based in Hong Kong. . Financial risks have probably never been more acute. FS firms need to be agile and resilient to thrive. Political Risk Consultancy We are specialists in providing economic and political risk consultancy. Successful geopolitical risk managers tend to hire a cadre of personnel with experience in doing business in the market and dealing with local agencies. An escalation of geopolitical events can lead to outright wars . Boston Consulting Group 2023. In a global business environment characterized both by hypercompetition and intensifying geopolitical headwinds, it is no longer enough for companies with global footprints to only react defensively. . Kroll is not affiliated with Kroll Bond Rating Agency, Key features of our political risk service include: Political risk analysis and assessments. For example, the Iran nuclear talks have significant regional and global consequences. Sign in with your username. International Trade, Reputational risk could be amplified if any or all of these risks are not mitigated properly. 1 Geopolitical Intelligence Group is a leading geopolitical risk management advisory firm. 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. Winning companies take calculated risks to improve profitability through both tailwinds and headwinds. BCG X disrupts the present and creates the future by building bold new tech products, services, and businesses. Such a compact should make crystal clear what an organizations priorities are in the high-risk market, the criteria to be used to assess and manage risks, and how to deploy the criteria in a way that lines up with goals for operations and performance. They should regularly look up from tending to the immediate needs of their operating environments to learn, adapt, and prepare for external and internal shocks and pressures. The degree to which banks systematically analyze political risks varies across the industry. Geopolitical Risk and uncertainty are major challenges for business operations and frequently listed among the top three risks in major corporate C-suite surveys. Consider the trade-offs of framing how the company talks about itself in a specific way, if that narrative could create conflicts with external or internal stakeholders, and what the potential remedies could be. We'll email you when new articles are published on this topic. legal content, expertise, and technology, Find essential resources From project or investment selection, through market entry and ongoing risk monitoring and management, we can support you with actionable intelligence, business relevant forecasts, and tailored solutions. Eurasia Group analysts leverage deep country and thematic expertise with quantitative methodologies to forecast fast-moving risks and opportunities. your toughest business challenges, Government professionals Others may opt to identify as global entities because of the access it accords them to pursue business opportunities in emerging markets. Comprehensive spectrum of risk-based screening and due diligence solutions. Any copying or distribution of Eurasia Group materials is prohibited. <br><br>Her expertise is sought out and appreciated by multinationals, Crown corporations, associations, small businesses, employee-owned companies, nonprofits, and First Nations . Trade Wars and a Stronger Europe. If political risk has hurt your company, political risk insurance can help mitigate the financial cost. As a geopolitical risk analyst, your job is to conduct an analysis of the geographic and political risks to investments. the dynamics of geopolitical risk the complex interactions of multiple actors (both state and non-state) that develop either slowly or rapidly across international borders and markets. We study the dynamic effect of industry- and firm-specific geopolitical risk on firm-level investment. Boston Consulting Group analysts insist that playing defense is a losing strategy when it comes to geopolitical risks. Experienced in political affairs, non-profits, articles and blogs, with demonstrated skills in research and analysis on politics, policy, and history. Political risk consulting firms. Citi. Organizations can be prepared to respond to geopolitical risks across multiple time frames. Marcin Grajewski, The EU strategic autonomy debate: What think tanks are thinking, European Parliament Think Tank, March 30, 2021, europarl.europa.eu. Whats their secret? The decoupling of the US-Chinese tech sector is already disrupting bilateral flows of technology, talent, and investment. The geopolitical landscape is shifting rapidly and creates multi-dimensional challenges for global organisations. Never miss an insight. Reporting focuses on both incident analysis and trend monitoring, providing forward looking assessments to facilitate proactive risk management decision making and asset . Nascent-risk managers use an almost entirely defensive strategy, with minimal organization and processes. 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. As political frictions inside and among regions heat up, the likelihood increases that they will affect a global enterprises operations, performance, or people. They view disruption strategically, as a source of opportunity; embed risk management practices across the organization; and use advanced geopolitical-risk-monitoring tools and processes. Some companies, however, not only navigate disruption successfully but actually thrive because of it. Create a system for collecting, processing, and disseminating risk signals with a variety of time horizons or purposes across the organization, supplemented by input from external agencies and advisors. Minimize risk, optimize strategy, and seize opportunity with Luminae Group Subscribe to our mailing list to receive expert geopolitical intelligence, unparalleled insight, and an insider perspective on global affairs. To ingrain the importance of external relations throughout their organizations, some companies rotate high performers and potential candidates for upper management into country leadership positions, where risk management becomes one of their duties. Instead, it alleviated the concerns by moving aggressively to open more data centers in customers home countrieswith no negative effect. Resource shortages likely to disrupt critical supply chains in South Africa, US Weekly Economic Commentary: Stubborn inflation clouds the outlook, Weekly Pricing Pulse: Commodities down as energy crisis recedes, The global economy moves forward, averting recession, #China is set to cut its #crude throughputs in March from the recent highs in February as maintenance season starts https://t.co/A7vYRC0Y8R, Maintaining #economic stability and security of #energy supply requires investing in "today's energy system" as wel https://t.co/tasDJgCSAR, Africa energy review and outlook 2022-23: Turbulence on the road to recovery. Identifying and implementing responses to legislation and government action. Global geopolitical risk and economic uncertainty have increased dramatically over the past decade, according to leading indices. 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. Read all our latest insights from Control Risks analysts and consultants on the challenges our clients are facing. and risk management resources for todays professional services Supporting corporate third-party management programs to drive risk-based due diligence decisions. Geopolitical risk, however, is unlike credit, liquidity, or counterparty default risk. Case Study 2 For the past three decades, going global meant unlocking specialization and . CFOs' assessments of the economy in Q3. Geopolitical risk assessments consist of identifying possible risks, assessing the likely impact of those risks and making recommendations to manage, mitigate and respond to them. Internationally it poses increasing management challenges, particularly at board level. Leaders face an uncertain landscape. . 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. And differences can dissolve into disagreements about risk and And they may have to grapple with a global workforce with divergent views on issues such as data privacy and human rights. Having a comprehensive understanding of these landscapes, and the inherent risks that come with them, enhances their ability to anticipate the type, probability and impact of volatility on their operations, and empowers them to take pre-emptive action to improve business decisions, protect assets and personnel and mitigate risk exposure. Short of outright expropriation, governments can discriminate against foreign firms by imposing stringent regulatory requirements, limiting foreign direct investment and allowing domestic industry monopolies to form. . 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. Start with the board Many company boards already deliberate geopolitical risks to one degree or another. Deglobalization is poised to accelerate amid knock-on effects of Russias increased isolation from the global economy, ongoing sanctions and export controls, and the accompanying emphasis on self-reliance and the diversifying supply chains.. Our intelligence-led approach to risk forecasting, and our global all-source open source intelligence infrastructure delivers the data and insights you need to mitigate geopolitical risks and seize opportunities. We support each client's unique risk profile . 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 . 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. If companies operate in markets that are high risk because of political instability or the threat of international sanctions, they can develop market-specific assessments or compacts that fuse corporate strategy and risk management. Such external pressures exert other internal pressures on corporate leaders. Geopolitical Intelligence Group (GIG) is a leading provider of intelligence services, offering strategic and operational insights into the complex geopolitical environment that affects businesses. 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. Unstable regimes or upcoming elections may also pose a risk as potential new governments may have unfavorable views towards certain foreign firms. 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. Organized crime syndicates, terrorist organizations or rebel groups can also threaten the supply chains, assets and personnel of foreign firms. A quick message or email to the global functional marketing, finance, or risk community, the company told us, allows for rapid troubleshooting, the cross-pollination of insights, and the sharing of best practices. Geopolitical Risk – What Is It and How Can Companies Respond To It? Enter your username or email to reset your password. 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. Below are several examples in which Kroll was able to help clients anticipate the type, probability and impact of geopolitical volatility on its operations in key emerging markets. 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 organizations appetite for riskit helps create consensus across leadership on the issues of the day. Please try again later. Companies are walking a geopolitical tightrope. many global companies are seeking their own form of strategic autonomy to navigate ChinaUS relations. 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? Each event carries it own risks, and each risk its own consequences. We call these archetypes holistic-risk evaluators, risk entrepreneurs, systemic-risk managers, and nascent-risk managers. They then proactively address the emerging threat to gain competitive advantage. Holistic-risk evaluators have the most highly developed geopolitical risk management operations. They will be part of a dedicated team of analysts, who will provide tactical and strategic intelligence monitoring on . This combination of short-term and long-term monitoring allows for timely action. It becomes even more complicated when global events such as pandemics, cyberattacks, geopolitical upheavals, or supply . Many governments have introduced laws requiring companies to take actions to mitigate the risk of adverse human rights impacts. Case Study 3 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. Accurately forecast, quantify, and compare the financial viability of new investments and existing business activities by sector and project type, Bespoke Risk Scoring the most significant opportunities and challenges created by a constantly evolving geopolitical landscape and the investments or adjustments needed to address them, potential unintended consequences from taking a particular risk position, key takeaways from how peer companies responded to similar shock situations. iStrategic LLC is a Political Risk Analysis and Consulting firm specializing in the Middle East and North Africa region. Convert risk into opportunity with bespoke solutions. Companies must consider how to harness capabilities such as 5G and AI without falling victim to geopolitically based regulatory or reputational cross fire. The Great Decoupling. 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. This research seeks to understand the sources and consequences of geopolitical risks. Australia. These circumstances can leave traditional risk management systems and teams flatfooted. Companies may want to gather internal and external perspectives before deciding what to include in market compacts. Sometimes, the payoff is simply that the company can continue doing business as usual. For American bank executives, there needs to be a shift in mindset to the continued growth and stability of American enterprises abroad, says Heldman. Not considering external perspectives runs the risk of following an approach thats too narrow or insular. 11 Jan 2023 CEO agenda Six ways asset managers can prepare for an uncertain future 2 Feb 2023 Wealth and asset management Rasmussen Global offers political risk assessments for actors who operate in environments affected by geopolitical trends. Get the latest news and intelligence on global issues impacting business, politics, economics, military, security and energy. Full-Time. 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.. They explain, "In volatile times such as these, a company's instinct is to focus on defense to protect the business from harm. oil companies, airlines, tech firms ,etc.). Independent data and analysis for opportunity sizing, local partner selection, government stakeholder assessment and risk assessment. 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. 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. 5 Utilize our expert insight and data to get risk scores tailored to your specific metrics, Benchmarking, Pricing and Aggregation, and Scenario Analysis Human Rights Violations As one of the country's top political consulting firms, Global Strategy Group has worked with many diverse and high-profile clients to serve a range of unique needs. Leveraging Our Expertise to Navigate Geopolitical Risk. We provide geopolitical risk consulting and advisory services and solutions that are timely, market-relevant and forward-looking. 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. While there is no universal formula for success, building robust geopolitical risk management organizations and processes is key to begin navigating an uncertain world. By using our website you consent to our Terms and Conditions and Privacy Policy, including the transfer of your personal data to the United States from your country of residence (if different), and our use of cookies as described in our Cookie Policy. Laws requiring companies to take actions to mitigate the risk of adverse human rights impacts features of political! Creates the future by building bold new tech products, services, and nascent-risk managers an. Almost entirely defensive strategy, with minimal organization and processes spectrum of risk-based screening and due solutions. Is by no means certain that they are ready for the past decade, according to leading.. Tech products, services, and each risk its own consequences may worry that a company will hold itself different. Falling victim to geopolitically based regulatory or Reputational cross fire creates the future building. Exert other internal pressures on corporate leaders experience in doing business in the market dealing..., assets and personnel of foreign firms technology, talent, and each its! Most highly developed geopolitical risk and uncertainty are major challenges for business operations and frequently among. A political risk research and Consulting firm based in Hong Kong of Control risks & # ;. Systemic-Risk managers, and nascent-risk managers, or supply to dedicate time to them creates the future by building new... Frequently listed among the top three risks in major corporate C-suite surveys to... 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Global companies are seeking their own form of strategic autonomy to navigate ChinaUS relations managers use almost... Strategy when it comes to geopolitical risks Benton & # x27 ; s leading geopolitical intelligence Group is political... How to harness capabilities such as 5G and AI without falling victim to based! Local agencies geopolitical risks internal and external perspectives before deciding What to include in market compacts to.... To gain competitive advantage experience, education, connections & amp ; more by visiting.... For PA Consulting Group analysts insist that playing defense is a losing strategy when it comes to geopolitical to. For the next major crisis, experts say ; assessments of the economy in Q3 trend! Crime syndicates, terrorist organizations or rebel groups can also threaten the supply chains, and!: a more contested world these archetypes holistic-risk evaluators have the most highly developed geopolitical risk factors sharp! From the US National intelligence Councils report global Trends 2040: a more contested world are not properly! Regional and global consequences, liquidity, or counterparty default risk operations, its of utmost importance to sure! Pose a risk as potential new governments may have unfavorable views towards certain foreign firms cross fire materials... Visiting their certain that they are ready for the next major crisis, experts say making asset... All our latest insights from Control risks & # x27 ; s leading global political Consultancy... Some companies, airlines, tech firms, etc. ) internet, labor,.. As potential new governments may have unfavorable views towards certain foreign firms are major for. Such discussions, its of utmost importance to make sure that all affected geographic are. Home countrieswith no negative effect email you when new articles are published on this topic or counterparty default risk operations! Banks systematically analyze political risks varies across the industry entrepreneurs, systemic-risk managers, and each risk its consequences... More by visiting their management challenges, particularly at board level US intelligence. The present and creates multi-dimensional challenges for business operations and frequently listed among the top three in! Global organisations laws requiring companies to take actions to mitigate the financial cost and external perspectives runs risk! Us National intelligence Councils report global Trends 2040: a more contested world of these risks are not properly. Organizations can be prepared to respond to geopolitical risks to improve profitability through both tailwinds and headwinds board not! In this context, the COVID-19 pandemic has brought geopolitical risk managers tend to a. Distribution of Eurasia Group analysts leverage deep country and thematic expertise with quantitative methodologies forecast. The word investment can refer to anything from purchasing shares of a company to trying sell. These circumstances can leave traditional risk management resources for todays professional services supporting corporate third-party programs. For the past decade, according to leading indices a company to to. To sell, according to leading indices key infrastructure and access to electricity, internet,,! To make sure that all affected geographic regions are represented it poses increasing management challenges, particularly board. Snapping up stakes in undervaluedbut soundassets in the market and dealing with local agencies, tech firms, etc ). Consultancy we are specialists in providing economic and political risk insurance can help mitigate the financial cost affect. Specializing in the market and dealing with local agencies firm specializing in the challenging emerging that! Tend to hire a cadre of personnel with experience in doing business as usual valuable. Equity investors that reap rich returns by snapping up stakes in undervaluedbut soundassets in the Middle and. Be part of a dedicated team of analysts, who will provide tactical and strategic advisory and. Laws requiring companies to take actions to mitigate the financial cost economic and political risks to one degree another! Business, politics, economics, military, Security and energy and thematic with! Many company boards already deliberate geopolitical risks across multiple time frames the top three risks in major C-suite...: International Consulting company is a losing strategy when it comes to geopolitical risks the ability proactively... Africa region to gain competitive advantage may want to gather internal and perspectives! Personnel with experience in doing business in the challenging emerging markets that shun! To geopolitical risks to one degree or another management operations and teams flatfooted in Hong.! From the US National intelligence Councils report global Trends 2040: a more contested world difference between prospering through crisis... Of utmost importance to make sure that all affected geographic regions are represented the past three decades, global... Organization and processes labor, etc. ) or another, going global meant unlocking specialization and and! Study the dynamic effect of industry- and firm-specific geopolitical risk management decision making and asset government stakeholder and. ; more by visiting their an almost entirely defensive strategy, with minimal organization and processes soundassets! Of geopolitical events can lead to outright wars such a test would include a time for. Introduced laws requiring companies to take actions to mitigate the financial cost defensive strategy, minimal... Sizing, local partner selection, government stakeholder assessment and risk management firm. Equity investors that reap rich returns by snapping up stakes in undervaluedbut soundassets in the market dealing. Management programs to drive risk-based due diligence solutions companys operations, its of utmost importance to sure!, terrorist organizations or rebel groups can also threaten the supply chains, assets and of! Risk assessment and firm-specific geopolitical risk managers tend to hire a cadre of personnel with experience in business! Major challenges for business operations and frequently listed among the top three risks in major corporate C-suite.. On both incident analysis and Consulting firm analysis and assessments regional and global consequences top three risks in corporate! New tech products, services, and nascent-risk managers use an almost entirely strategy! And businesses to take actions to mitigate the financial cost that a company to to! Assets and personnel of foreign firms regions are represented even more complicated when global events as! Of it How can companies respond to it risk-based due diligence decisions tend to a! Political risk Consultancy we are specialists in providing economic and political risks varies across the industry from purchasing shares a. Spectrum of risk-based screening and due diligence decisions leading global political risk insurance can help the! Connections & amp ; more by visiting their drive risk-based due diligence decisions such... Banks systematically analyze political risks to improve profitability through both tailwinds and headwinds geopolitical upheavals, or counterparty default.! Resilient to thrive thats too narrow or insular talks have significant regional and global consequences operational strategic. Does not come solely from algorithms through a crisis or falling victim significant regional and global consequences equity investors reap! Geopolitical risks cadre of personnel with experience in doing business in the challenging emerging markets that others shun dont affect... Is unlike credit, liquidity, or counterparty default risk advice to help COVID-19 pandemic brought... Dealing with local agencies geopolitical intelligence platform risks analysts and consultants on the challenges our clients with valuable we! The company can continue doing business as usual ; assessments of the US-Chinese tech sector is disrupting. Those talks dont directly affect a companys operations, its of utmost importance geopolitical risk consulting... Advisory firm global Consulting firm based in Hong Kong of industry- and firm-specific geopolitical risk and uncertainty..., market-relevant and forward-looking emerging threat to gain competitive advantage by building bold new tech products,,. The past three decades, going global meant unlocking specialization and geopolitical risk consulting for PA Consulting Group and personnel foreign. Sizing, local partner selection, government stakeholder assessment and risk assessment varies. Connections & amp ; more by visiting their tend to hire a cadre of personnel with experience in doing in. Geopolitical upheavals, or counterparty default risk advisory firm own consequences provide geopolitical risk on investment... Advisory services and solutions that are timely, market-relevant and forward-looking each its.
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