How Companies Can Navigate Today’s Geopolitical Risks

  • 📰 HarvardBiz
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Companies are political actors, whether they realize it or not.

has grown. The potential consequences of leadership in these fields has forced a new attitude and approach onto governments that were once much more laissez faire and obliges Western companies to take more stock of how geopolitical currents are shaping — and heightening — their risk. The four factors of the national security economy can help them do so.Though each industry and market are different, there are several steps that firms can take to better navigate this new paradigm.

This is as simple as asking when considering a decision: “What are the geopolitical implications of the choice we are making?” Asking a question like this alone allows people to consider possible events that are low probability but high impact and plan contingencies accordingly.Many firms, especially in the West, have historically tried to separate business and politics. This is now a false dichotomy in many situations, especially in international contexts.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

All the world’s a stage, And all the men and women merely players; They have their exits and their entrances Shakespeare

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 310. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Alaska power companies look at building community solar farms that households can invest inTwo electric utilities are taking steps that could lead to construction of Alaska’s first community solar farms, which could pave the way for projects that open up solar panel investments to households that can't afford to install their own rooftop array. I wonder what the profits will be from the subsidies? And who will pay? Prepare to Freeze Great. Gross.
Source: adndotcom - 🏆 293. / 63 Read more »

Indian Crypto Companies' Response to the FTX CollapseSandeep Nailwal, CEO of Mumbai-based ETH scaling startup, was the first to stress self-custody before it became the buzzword.
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Elon Musk personally called CEOs of companies that pulled Twitter adsElon Musk personally called CEOs of companies that stopped advertising on Twitter to complain, report says Sounds like a good leader. Winning business back. Calling his customers. You should change your handle to everythingelonmusk. You guys are pathetic. Rather than report news you are targeting a single individual. It is better you stick to 'why so expensive' and 'The making of'. That is what you are good at.
Source: BusinessInsider - 🏆 729. / 51 Read more »

UK to fine tech companies that fail to remove self-harm materialBritain's government intends to make it illegal to encourage others to harm themselves online and will fine social media companies that fail to remove such material, as part of a revamp of legislation governing online behaviour. Should add racism to the list. Increasing censorship rather than matching arguments with counter arguments? If social media is that dangerous it should be banned?
Source: Reuters - 🏆 2. / 97 Read more »

Italy applies 50% windfall tax on energy companies' extra income, draft showsItaly plans to apply a 50% one-off windfall tax next year on income of energy companies that have benefited from the surge in oil and gas prices, a draft of the government's 2023 budget seen by Reuters showed. just another tax on the people, on the working class and poor ... one they didn't agree to or ask for. The takers just take, and will continue to take until we say no more. What could possibly go wrong… Here it comes. All too predictable.
Source: Reuters - 🏆 2. / 97 Read more »