Mastering Geopolitical Risk Management for Strategic Advantage
Strategies for Risk Professionals to Navigate an Uncertain Global Landscape Introduction In an era of unprecedented global change, the convergence of political, economic, and social dynamics has given rise to new challenges for businesses across the globe. Geopolitical risks, once considered peripheral concerns, are now central to corporate strategy and risk management. Companies, regardless of size or industry, must navigate a complex and often volatile geopolitical environment. Whether it's trade wars, sanctions, political instability, or climate change, the ripple effects of these global events can significantly impact operations, supply chains, and profitability. Mastering geopolitical risk management is crucial for professionals tasked with safeguarding organizational assets and ensuring long-term stability. This article offers an in-depth exploration of how risk professionals can identify, evaluate, and mitigate geopolitical risks. Through the use of theoretical frameworks a...