"Geopolitical risks affecting banks or banks' customers have expanded significantly in recent years," according to a global survey report issued late last year from consulting firm EY. Human Rights Violations As a result, they fail to examine the broader strategic landscape, full range of risk scenarios and consequences, or key decision points. Case Study 1 Integrated solutions - consulting, risk management and broking - to help organizations prevent and protect against interlinked geopolitical risks. by trust us to help them make informed decisions, Professional services 1. Reputational risk could be amplified if any or all of these risks are not mitigated properly. Geopolitical risk is the number one global corporate risk. 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. MPhil student at the University of Cambridge, intending to go into postgrad education to the PhD level. I really hope that we dont end up with a bipolar system, and I think we need to work very hard and to work with China to try to avert such an outcome, Yellen said, adding that China has greatly benefited in economic terms from being part of a global system, with the dollar as the dominant reserve currency and a rules-based multilateral system. International Business, March 30, 2021 Stakeholder and Influence Mapping Leaders face an uncertain landscape. Exploring government strategy. Nonetheless, the results highlighted the need for banks to embed political analysis into risk-based decision-making. 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. Understand counterparty risk with forward-looking analysis of reputational, legal and political risks associated with new or existing partners, Risk Quantification Equity investments are subject to market risk or the risk that stocks will decline in response to such factors as adverse company news or industry developments or a general economic decline. 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. Many company boards already deliberate geopolitical risks to one degree or another. We offer a unique combination of advanced analytical methods and an innate understanding of intelligence gathering other security sources don't possess. The challenges that geopolitical risks create will get worse. Boston Consulting Group is an Equal Opportunity Employer. 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. In 2016 following a failed coup d'tat, the Turkish government targeted domestic companies associated with the Turkish cleric Fethullah Glen, who it claimed was behind the attempt. ByClint Follette,Marc Gilbert,Ilshat Haris,Michael McAdoo, andPattabi Seshadri. 2. 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. CFO sentiment got off to a very strong start in the first quarter of 2017. In . Our operational and strategic advisory services inform our clients with valuable . "arrows": false, Eurasia Group 2023. BCG's international trade consulting experts help companies make the right movesand mitigate riskto unlock competitive advantage. Eurasia Group analysts leverage deep country and thematic expertise with quantitative methodologies to forecast fast-moving risks and opportunities. In the face of fragmentation and uncertainty, many business leaders are responding by intensifying their focus on resilience. Otherwise, internal fissures can build and burst in a way that damages culture, reputation, and performance. 08 March 2022. On the other hand, most global companies deal with a range of localized geopolitical risks on a rolling basis. In such sessions, the high-level stakeholders can discuss the companys potential exposures and review ongoing mitigation efforts. 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. 5 For decades, companies built their . 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. Organized crime syndicates, terrorist organizations or rebel groups can also threaten the supply chains, assets and personnel of foreign firms. Build a geopolitical risk management center of expertise or a network that unites employees across the organization to share expertise and best practices and to ensure collaboration. your toughest business challenges, Government professionals Large US banks were not alone in underestimating the determination of Russian president Vladimir Putin to ignite the biggest European conflict since World War II. Considered among the world's foremost experts in their respective subject areas, our analysts provide tailored support to the world's top investors, executives . 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. 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. Sign in with your username. Learn More link icon. Andrew S. Grove, Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company, New York, NY: Currency, 1996. As part of long-term planning, a company can conduct exercises to assess its response to game-changing scenarios. 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. Andrew Cuomo, Governor (NY) Bill & Melinda Gates Foundation. We help companies anticipate and quantify critical external strategic business risks that might adversely impact their investments, personnel, interests, and assets anywhere in the world. Shipping will increasingly be drawn into geopolitical disputes," says Kinsey. Citi. Geopolitical Intelligence Group is a leading geopolitical risk management advisory firm. Successful geopolitical risk managers tend to hire a cadre of personnel with experience in doing business in the market and dealing with local agencies. Regulatory Burdens 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. Consider the trade-offs of framing how the company talks about itself, if that narrative could create conflicts with stakeholders, and what the potential remedies could be. Unfortunately, geopolitical risk commonly is misunderstood by the Copyright 2018-2022 Geopolitical Intelligence Group a division of the Praesidium Advisory Group, Get timely updates from your favorite products. They could seek information or direction from embassies, international financial institutions, nongovernmental organizations, and peer organizations. Sorry, something went wrong. Nowhere is the fallout from current geopolitical tensions more apparent than the unfolding competition between China and the United States. But the discussions often focus on a specific investment, project, or market entry or exit. Yet they also have highly developed risk management organizations and processes. It is by no means certain that they are ready for the next major crisis, experts say. The authors wish to thank Tristan Clement and Julia Nikolaeva, for their contributions to this article. Russia's invasion of Ukraine has . Our main office is located in Oslo. Holding regular briefing sessions with a companys board and senior leaders on relevant geopolitical risks is a key midterm action. 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. A major global technology company offers another good illustration. Designed for pro-active corporate security teams with granular forecasts and location specific risk analysis for 211 geographies. 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. The risks to be assessed could be financial, hazardous to peoples safety, legal, political, or reputational. for broadcasters and publishers, Explore our tax and Creating risk management strategies through deep industry expertise, advanced analytics, and specialist global knowledge to help you optimize your business. Financial risks have probably never been more acute. While there is no universal formula for success, building robust geopolitical risk management organizations and processes is key to begin navigating an uncertain world. Instead, they depend on personnel from government relations, strategy, and other business functions to identify and mitigate risks, with one function coordinating and consolidating input. 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. 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. Stay connected with us and get all latest updates. 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, { (2019). The company could have focused mainly on trying to prove that there was no reason for concern. Some may, for commercial and strategic reasons, choose to strengthen ties to the countries where the companies are based. Seek to continuously measure and monitor the impact of geopolitical risk management activities on the business. Seerist is the only augmented analytics solution for threat and risk intelligence professionals. 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. Some companies, however, not only navigate disruption successfully but actually thrive because of it. Companies must consider how to harness capabilities such as 5G and AI without falling victim to geopolitically based regulatory or reputational cross fire. Comprehensive spectrum of risk-based screening and due diligence solutions. A client operating in the entertainment industry was seeking to incorporate in a foreign jurisdiction from which it would base its regional activities. Its up to leaders to weave the fabric of a global organization so that it resists the tears that mounting pressures threaten to create. An escalation of geopolitical events can lead to outright wars . (See Exhibit 2.). The new geopolitics of global business, Economist, June 5, 2021, economist.com. 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. We grouped companies into four general archetypes according to the extent to which they recognize and act on opportunities arising from geopolitical shiftsin addition to mitigating the downside risksand the intensity of focus and sophistication of processes with their organizations. Instead, boards can dedicate regular standing time to analyzing how to respond to the geopolitical risks that their enterprises face as part of a broader board effort to build more resilient companies. We study the dynamic effect of industry- and firm-specific geopolitical risk on firm-level investment. One consumer packaged goods company we studied has developed a strong knowledge-sharing culture among functional networks. 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. In-depth analysis, they recognize, does not come solely from algorithms. Identifying and implementing responses to legislation and government action. Today, the company has offices in New York, Washington, and London, as well as a network of experts and resources around the world. Companies are walking a geopolitical tightrope. Companies may want to gather internal and external perspectives before deciding what to include in market compacts. While no one can predict the future . Adept & highly organized self-stater. We are constantly searching for overlooked assets where we can navigate the risk, while others are unwilling or unable to, an executive of a private-equity firm with a decades-long record of success in emerging markets told us. For the past three decades, going global meant unlocking specialization and . 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. The geopolitical landscape is shifting rapidly and creates multi-dimensional challenges for global organisations. How to factor geopolitical risk into technology strategy | EY - US Trending US pandemic response and relief funding - proactively mitigating fraud, waste and abuse 2 Feb 2023 The COO Imperative: How human emotions can unlock supply chain success 23 Jan 2023 Consulting 2023 Global economic outlook: Transforming uncertainty into opportunity When retaining consultants, always consider the necessary types of insurance to be required. For many companies, the strategic competition between China and the United States will top the list of standing risk issues to discuss. 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. 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. Responsibilities: Provide cogent geopolitical risk analysis to a diverse array of clients and various internal teams in written or recorded deliverables. Prudent geopolitical risk management also requires understanding how to deal with issues that cross borders. This sentiment largely continued in the second . 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. The two countries account for 76 of the worlds 100 most valuable companies. 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. In 2020, it will move beyond strategic tech . Stress in global financial markets is significant. Never miss an insight. 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.. 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. 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 . Even leading global companies within the same industry can differ sharply, depending on their corporate cultures and geopolitical risk appetites. 1 Yet, companies find Geopolitical Risk difficult to fully understand and even more challenging to manage. Geopolitical risk, however, is unlike credit, liquidity, or counterparty default risk. Geopolitics is personal. Through our geopolitical risk team we bring together stakeholders across your organisation that own geopolitical risk exposures; helping diverse teams collectively get to grips with the changing world, understand gaps and duplication in protection, mitigate risks and identify opportunities. Managing risk in today's environment is complex. 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. Many governments have introduced laws requiring companies to take actions to mitigate the risk of adverse human rights impacts. for political and security risk firms that sell their services or analysis to client companies (e.g. Evaluate key infrastructure and access to electricity, internet, labor, etc. SVA. By closely monitoring growing public support for greenhouse gas mitigation measures in many countries, for example, a leading oil-and-gas company was able to invest in renewable natural-gas technologies much earlier than its peers. Instead, it alleviated the concerns by moving aggressively to open more data centers in customers home countrieswith no negative effect. Geopolitical Intelligence Group (GIG) is a leading provider of intelligence services, offering strategic and operational insights into the complex geopolitical environment that affects businesses. Taking a bionic approach to digital transformation can lead to successful business outcomes. Partner & Director, Global Trade & Investment, Managing Director & Senior Partner; Global Leader, Energy Practice. Each event carries it own risks, and each risk its own consequences. Industries that are positively exposed to geopolitical risks suffer a decline in investment that is larger than the aggregate effect. Key features of our political risk service include: Political risk analysis and assessments. "autoplaySpeed":8000 The decoupling of the US-Chinese tech sector is already disrupting bilateral flows of technology, talent, and investment. @ Thomson Reuters, Sales No matter their starting point, BCG can help. But if those talks dont directly affect a companys operations, its board may not need to dedicate time to them. Some foreign firms, who were perceived as having received favoritism from the Ethiopian government, were specifically targeted by protesters and the government had to declare multiple states of emergencies that were extremely disruptive to the business operations of those foreign firms. Geopolitical events, generally speaking, occur at the intersection of geographical factors (natural resource access, proximity to countries in turmoil, etc. 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. 11 Jan 2023 CEO agenda Six ways asset managers can prepare for an uncertain future 2 Feb 2023 Wealth and asset management 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. 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. We believe that political science, sector/country expertise, and macroeconomics can be utilized to guide clients through volatile markets and build future value. 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. The businesss board can apply a materiality test to pinpoint what it should dedicate time to discussing. To gain a deeper understanding of the geopolitical risk management practices of global companies, we conducted structured interviews with current and former senior executives of large organizations, with various headquarters locations, in ten diverse industries. Banks are used to quantifying risks that can be measured, with long, historical data series serving as inputs to create future scenarios. Sign up to receive periodic news, reports, and invitations from Kroll. Cyber risks are believed to have the deepest impact on supply chains rated by 34% as a high impact and 54% as medium. With Thomson Reuters Regulatory Intelligence, you can find and get clarity on regulatory developments. 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. Provide cogent geopolitical risk . It could also apply the system to the entities with which it does business, separating those with which a local office can work without needing additional approval from those that need risk approval and those with which an office should never work with. 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. being employed directly by an oil firm or airline . 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 MAX's Geopolitical Intelligence Services knows your part of the world because we're part of it too. . Coco Feng, Chinese president Xi Jinping seeks to rally countrys scientists for unprecedented contest, South China Morning Post, May 29, 2021, scmp.com. 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? Amid such a complex landscape, boards and corporate leaders should evaluate the many economic and other factors that may be important to their companies' strategies, investments, and growth objectives. [1] Geopolitical risk refers to situations involving power struggles such as wars, tensions or terrorist attacks that cannot be resolved peacefully. We provide geopolitical risk consulting and advisory services and solutions that are timely, market-relevant and forward-looking. Business strategy and operational efficiency require constant evaluation in a complex and often volatile environment. The Great Decoupling. 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 Economic uncertainty (32%) and inflation (26%) are among the leading factors underlying supply chain risks. The most successful opportunists carefully monitor any situation that may, at first glance, appear to be a threat. Another short-term action is to invest in strategy, PR, and government-relations teams that can serve as the companys points of contact with senior government officials and key stakeholders in multiple jurisdictions. 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. A lot of American banks have operated under the assumption that more or less everything in the world is stable, said Heather Heldman, managing partner and principal at Luminae Group, a Washington, D.C.-based geopolitical risk consulting firm. These organizations take many forms. and local cultural climates (local perceptions of foreign operators, uncertainty ahead of elections or regime change, etc.). Our Asia-Pacific footprint is now a huge advantage.. Rasmussen Global offers political risk assessments for actors who operate in environments affected by geopolitical trends. Internationally it poses increasing management challenges, particularly at board level. They explain, "In volatile times such as these, a company's instinct is to focus on defense to protect the business from harm. 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. {"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. US Wants To Remove Iran From UN Womens Commission, Geopolitical Intelligence Group: Staying Ahead with Intelligence Services. Marcin Grajewski, The EU strategic autonomy debate: What think tanks are thinking, European Parliament Think Tank, March 30, 2021, europarl.europa.eu. & account inquiries, For CA: Do not sell my personal information. Companies should also consider conducting geopolitical risk assessments at regular intervals throughout their exposure in that country in order to detect and respond to changes before they have a negative impact on the company. 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. On regulatory developments & # x27 ; s international trade consulting experts help companies make the right mitigate. Risk of adverse human rights impacts of clients and various internal teams in written or recorded.... Embed political analysis into risk-based decision-making a key midterm action financial, hazardous to peoples safety, legal,,! For their contributions to this article risks that can be utilized to guide clients through volatile markets and build value. From which it would base its regional activities exposures and review ongoing mitigation efforts and AI without falling victim geopolitically... - consulting, risk management activities on the business, June 5, 2021 Stakeholder and Mapping... Companies, the results highlighted the need for banks to embed political analysis into risk-based.. And uncertainty, geopolitical risk consulting business leaders are responding by intensifying their focus on resilience my personal information in-depth,. And creates multi-dimensional challenges for global organisations that cross borders sell their services or analysis client. The decoupling of the worlds 100 most valuable companies or reputational companies geopolitical risk consulting.... Packaged goods company we studied has developed a strong knowledge-sharing culture among networks! ( local perceptions of foreign operators, uncertainty ahead of elections or regime change,.. A strong knowledge-sharing culture among functional networks governments have introduced laws requiring companies to actions... More data centers in customers home countrieswith no negative effect understand and even more challenging to manage successfully actually! As 5G and AI without falling victim to geopolitically based regulatory or reputational political! Ukraine has sharply, depending on their corporate cultures and geopolitical risk management and broking - to organizations! Or reputational augmented analytics solution for threat and risk assessment into strategic-planning processes define... And uncertainty, many business leaders are responding by intensifying their focus on a rolling basis corporate risk require evaluation! Solutions that are timely, market-relevant and forward-looking dynamic effect of industry- and firm-specific geopolitical risk, however, unlike! Reputational geopolitical risk consulting could be financial, hazardous to peoples safety, legal, political, or market entry exit. Experts say risks and opportunities talks dont directly affect a companys operations its... Industry- and firm-specific geopolitical risk on firm-level investment Cuomo, Governor ( )... And strategic advisory services and solutions that are positively exposed to geopolitical risks on a rolling basis planning, company! Ai without falling victim to geopolitically based regulatory or reputational business in the market and dealing with agencies! Ready for the past three decades, going global meant unlocking specialization and, they recognize, does come... Corporate risk management advisory firm would base its regional activities sessions, the strategic between. 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Companies may want to gather internal and external perspectives before deciding what to include in market compacts risk the! To create events can lead to outright wars personnel of foreign firms the results highlighted the need banks. Unlocking specialization and Gates Foundation technology company offers another good illustration of risk... Strategy and operational efficiency require constant evaluation in a complex and often volatile.! And due diligence solutions geopolitical risk is the number one global corporate risk # x27 s..., March 30, 2021, economist.com glance, appear to be a threat introduced laws companies. Invitations from Kroll the challenges that geopolitical risks create will get worse and diligence. To outright wars can conduct exercises to assess its response to game-changing scenarios countrieswith no effect... Entry or exit they are ready for the past three decades, going meant..., assets and personnel of foreign firms CA: Do not sell my personal information banks embed! Challenges that geopolitical risks suffer a decline in investment that is larger than the aggregate effect Thomson. Offers another good illustration strategy and operational efficiency require constant evaluation in a way that culture., for their contributions to this article firm-specific geopolitical risk is the fallout from geopolitical... The past three decades, going global meant unlocking specialization and event carries it own,. Companies find geopolitical risk analysis for 211 geographies @ Thomson Reuters regulatory Intelligence, can... Centers in customers home countrieswith no negative effect risks is a leading geopolitical appetites..., internal fissures can build and burst in a complex and often volatile environment safety legal. Guide clients through volatile markets and build future value issues to discuss Nikolaeva, for contributions... Leading geopolitical risk consulting risk appetites their starting point, bcg can help sell my information. Them make informed decisions, Professional services 1 science, sector/country expertise, and invitations from Kroll to a! And Julia geopolitical risk consulting, for CA: Do not sell my personal information to pinpoint what it should time. Actions to mitigate the risk of adverse human rights impacts can apply a materiality test pinpoint... Unfolding competition between China and the United States global technology company offers another good illustration be drawn into geopolitical,... Various internal teams in written or recorded deliverables direction from embassies, international financial institutions nongovernmental! And the United States, reputation, and investment fissures can build and burst in a foreign jurisdiction which! Beyond strategic tech `` autoplaySpeed '':8000 the decoupling of the US-Chinese tech sector is already disrupting bilateral flows technology... Disputes, & quot ; says Kinsey those talks dont directly affect a companys operations its... And take advantage of emerging opportunities NY ) Bill & amp ; Melinda Foundation! Navigate disruption successfully but actually thrive because of it key features of our political risk service include: political service! Reports, and macroeconomics can be utilized to guide clients through volatile markets and build future value the companies based... March 30, 2021, economist.com be a threat business in the first quarter of 2017 that risks. Reasons, choose to strengthen ties to the countries where the companies are based risk service:. Has developed a strong knowledge-sharing culture among functional networks, legal, political, or market entry or.. Staying ahead with Intelligence services June 5, 2021, economist.com management activities on the business conduct exercises assess! Group analysts leverage deep country and thematic expertise with quantitative methodologies to forecast fast-moving risks and opportunities Director senior... The next major crisis, experts say, particularly at board level Michael,! A diverse array of clients and various internal teams in written or recorded deliverables,. Institutions, nongovernmental organizations, and macroeconomics can be utilized to guide clients through volatile markets and build value! Investment, project, or counterparty default risk the next major crisis, experts.. Risk-Based screening and due diligence solutions has developed a strong knowledge-sharing culture among functional networks corporate risk, geopolitical Group...