Today’s geopolitical environment is nothing like what we’ve seen in the past. CEOs are beholden to the outputs of an increasingly complex geopolitical system that moves at an accelerated pace, with few guardrails. Outcomes are hard to predict without careful focus. Time to react is limited. Only by moving politics to the forefront of strategy, and personally being the point (wo)man for geopolitics can a CEO lead their organization to success in turbulent times.
KPMG International and Eurasia Group, one of the world’s leading geopolitical risk outfits, have joined forces and explore the evolving role of the CEO. The global economy is currently more exposed to political instability than at any point in recent memory. While opinion may be diverging on the current speed and future forecasts for globalization, it has undoubtedly added to the complexity of today’s corporate world. For the global CEO, the odds are increasing that it is a geopolitical event that is the root cause of a performance challenge.
And at the same time, they are increasingly being held to new standards. In a world where global companies are assumed political entities and CEOs are de-facto political players, a different approach is required – one that elevates politics to the boardroom level, and puts CEOs personally in the position of the Chief Geopolitical Officer, using specialized insights and stress-testing tools to focus the company’s attention on managing an increasingly uncertain environment.
So how can you kick start the conversation in your own organization? Take a look to identify some of the questions to be asking and proactive responses to be adopting to help your business successfully adapt to today’s geopolitical uncertainties.
Eurasia Group is one of the world’s leading global political risk research and consulting firm. By providing information and insight on how political developments move markets, they help clients anticipate and respond to instability and opportunities everywhere they invest or do business. Their expertise includes developed and developing countries in every region of the world, specific economic sectors, and the business and investment playing fields of the future. Headquartered in New York, Eurasia Group has offices in Washington DC, London, San Francisco, Sao Paulo, Singapore, and Tokyo, as well as on-the-ground experts and resources in more than a hundred countries. "Politics first” grounds their work and politics is the lens through which Eurasia Group’s global team view the world - committed to analysis that is free of political bias and the influence of private interests.