As geopolitical events can influence market conditions in industrialized countries just as much as they can impact developing countries, assessing and understanding them through the conduct of an effective geopolitical risk assessment will help mitigate risk exposure. 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 . (See Exhibit 1.) Sydney Olympic Park NSW 2127 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. Related Expertise: 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. Every organization we studied relies on input and expertise from the field. strategy. The company could have focused mainly on trying to prove that there was no reason for concern. Site by Odgis+Co and ICVM Group. Global geopolitical risk and economic uncertainty have increased dramatically over the past decade, according to leading indices. 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. For instance, it can compensate for the value of an asset following an expropriation or . In volatile times such as these, a companys instinct is to focus on defenseto protect the business from harm. Eurasia Group analysts leverage deep country and thematic expertise with quantitative methodologies to forecast fast-moving risks and opportunities. Never miss an insight. 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. Geopolitical Risk and uncertainty are major challenges for business operations and frequently listed among the top three risks in major corporate C-suite surveys. 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. Whats more, the COVID-19 pandemic has brought geopolitical risk factors into sharp relief. Our Asia-Pacific footprint is now a huge advantage.. 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. Russia's invasion of Ukraine has . 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. Utilize our expert insight and data to get risk scores tailored to your specific metrics, Benchmarking, Pricing and Aggregation, and Scenario Analysis Lesley is a seasoned board member and executive with over 25 years of proven expertise in strategic planning, risk management, governance, partnership development, and stakeholder relations in complex situations. 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. Eurasia Group 2023. 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. ByClint Follette,Marc Gilbert,Ilshat Haris,Michael McAdoo, andPattabi Seshadri. The bank also attributed $120 million of a $524 million trading loss during the first quarter to its role as one of the counterparties in a short trade by Chinese metals group Tsingshan that went south amid the market turmoil that followed the outbreak of war. Geopolitical forces at work in the economy. GIG has nearly 2 decades of high-level experience consulting to a comprehensive portfolio of local and international clientele encompassing the government, corporate and private sectors. 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. Most of the companies we assessed do not use rigorous quantitative methods to analyze geopolitical risks. Forecasting government action and decisions. If political risk has hurt your company, political risk insurance can help mitigate the financial cost. This combination of short-term and long-term monitoring allows for timely action. Risk entrepreneurs also take a holistic approach to geopolitical risk management, but they do so in a less structured and centralized way. The other stream is to work for such client companies directly, in an "in-house" role - i.e. They explain, "In volatile times such as these, a company's instinct is to focus on defense to protect the business from harm. 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. Systemic-risk managers adopt a primarily defensive position, focusing on protecting their businesses from the downsides of change. | Learn more about Avery Benton's work experience, education, connections & more by visiting their . 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. Stress in global financial markets is significant. Others may opt to identify as global entities because of the access it accords them to pursue business opportunities in emerging markets. Case Study 1 Industries that are positively exposed to geopolitical risks suffer a decline in investment that is larger than the aggregate effect. The businesss board can apply a materiality test to pinpoint what it should dedicate time to discussing. 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. Tailored, high-impact executive workshops, Speaking engagements and macro strategy conversations. 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. "fade": true, The authors wish to thank Tristan Clement and Julia Nikolaeva, for their contributions to this article. 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. 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. 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. 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. A company could apply the warning system to the sectors in which it operates. 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. 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. Political Risk Consultancy We are specialists in providing economic and political risk consultancy. Obtain the data you need to make the most informed decisions by accessing our extensive portfolio of information, analytics, and expertise. We call these archetypes holistic-risk evaluators, risk entrepreneurs, systemic-risk managers, and nascent-risk managers. Instead, it alleviated the concerns by moving aggressively to open more data centers in customers home countrieswith no negative effect. Already a member? Many company boards already deliberate geopolitical risks to one degree or another. 4. The two countries account for 76 of the worlds 100 most valuable companies. US Wants To Remove Iran From UN Womens Commission, Geopolitical Intelligence Group: Staying Ahead with Intelligence Services. Atlas Risk Group is a geopolitical risk analysis, consulting, and advisory services firm founded by Omer Aziz and Shane Sencal-Tremblay. Marcin Grajewski, The EU strategic autonomy debate: What think tanks are thinking, European Parliament Think Tank, March 30, 2021, europarl.europa.eu. Many governments have introduced laws requiring companies to take actions to mitigate the risk of adverse human rights impacts. Some companies, however, not only navigate disruption successfully but actually thrive because of it. {"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. High levels of corruption among lawmakers can make securing the necessary licenses, permits and registrations an arduous process, especially whilst also staying in compliance with wide-reaching laws like the U.S. FCPA. Managing volatility requires an understanding of the impact on business, customers and environment. Enter your username or email to reset your password. Geopolitical Intelligence Group (GIG) is a leading provider of intelligence services, offering strategic and operational insights into the complex geopolitical environment that affects businesses. Political risk monitoring. Case Study 2 New York NY 10055. Risk Consulting. being employed directly by an oil firm or airline . In . 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. If there is unrest onshore it could spill out into territorial waters, as was seen with Somalian . Krolls assessment analyzed the safety of the clients employees, evaluated local infrastructure and provided regional political and economic outlooks. 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, { Kroll OnTrack Inc. or their affiliated businesses. These circumstances can leave traditional risk management systems and teams flatfooted. Sign in to the product or service center of your choice. 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 value of being able to anticipate, synthesize, and harness risk for potential gain has never been greater. 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 appetite for riskit helps create consensus across leadership on the issues. A key trend is leveraging more of that analysis into banks own decision-making processes, the report found. World Path Consulting San Francisco, CA Quick Apply Remote. You may share a link to this page on any of the sites listed below. Governments can confiscate assets, nationalize property, breach contracts, impose embargos or prohibit trade with specific countries. trust us to help them make informed decisions, Professional services BCG X disrupts the present and creates the future by building bold new tech products, services, and businesses. Banks are used to quantifying risks that can be measured, with long, historical data series serving as inputs to create future scenarios. 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. We offer our . Andrew Cuomo, Governor (NY) Bill & Melinda Gates Foundation. The Company: International Consulting Company is a global consulting firm based in Hong Kong. In addition to their normal duties, country chairs are responsible for liaising with all external stakeholdersincluding national and local governments, community organizations, and other enterprises. A strong cross-functional interface is critical, especially for companies that take a holistic approach to risk assessment. Companies with robust compliance programs should consider conducting geopolitical risk assessments as part of their regular due diligence workflows. (See Exhibit 2.). 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. Any discussion of such potentially existential issues must start at the top. Please try again later! 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. Sometimes, the payoff is simply that the company can continue doing business as usual. 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. @ Thomson Reuters, Sales 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. Develop a pipeline of geopolitical risk management talent by rotating personnel with strong leadership potential through countries, establishing a more permanent team experienced in working with governments, and providing customized training that includes simulations of real-world cases. Boston Consulting Group is an Equal Opportunity Employer. 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. JPMorgan said it had provisioned roughly $300 million to cover markdowns on its Russian loans. Stay connected with us and get all latest updates. Australia. American Express. 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. 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. Taking a bionic approach to digital transformation can lead to successful business outcomes. Case Study 3 Depending on the circumstance, a companys leaders may have to weigh the effect that political or media scrutiny on the companys operations in one area has on its holdings in other locales. While no one can predict the future . The geopolitical risk firm that helps you understand the world. For decades, companies built their . The Position . One test could explore the conditions in which the company may be compelled to ring-fence its IT infrastructure (to protect against cyberattacks or comply with regulatory requirements) or split off its business in a particular region. Geopolitical events can manifest themselves in many ways. Nearly half of bank CROs (48%) plan to broaden methods for identifying new or emerging political risks and a quarter plan to build new tools for qualitative tracking and reporting on political risk measures.. Reputational risk could be amplified if any or all of these risks are not mitigated properly. Geopolitical risk, however, is unlike credit, liquidity, or counterparty default risk. Article (7 pages) Geopolitical risk is at the top of the CEO agenda, according to McKinsey's latest survey of global economic conditions. But the discussions often focus on a specific investment, project, or market entry or exit. 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? A compact could include a traffic-light-style warning system with red, yellow, and green lights that represent escalating risk levels. 5-minute read. Leaders can cultivate cohesiveness by bringing key stakeholders to the table to share views on a given engagement or project. 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. 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. 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. Nowhere is the fallout from current geopolitical tensions more apparent than the unfolding competition between China and the United States. Kroll is not affiliated with Kroll Bond Rating Agency, Internationally it poses increasing management challenges, particularly at board level. The negative effects of climate change and progressively severe and frequent extreme weather events are becoming harder to ignore. <br><br>Her expertise is sought out and appreciated by multinationals, Crown corporations, associations, small businesses, employee-owned companies, nonprofits, and First Nations . Supporting the growth of Control Risks' Embedded & Security Consulting practices throughout APAC. Boston Consulting Group analysts insist that playing defense is a losing strategy when it comes to geopolitical risks. Otherwise, internal fissures can build and burst in a way that damages culture, reputation, and performance. 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. 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. Designed for pro-active corporate security teams with granular forecasts and location specific risk analysis for 211 geographies. Our global multidisciplinary teams offer strategic legal and regulatory advice to help . Building a more holistic and entrepreneurial approach requires action in all three dimensions: enhancing the strategic role of risk management, ingraining it into the organization, and developing robust processes. BCG's international trade consulting experts help companies make the right movesand mitigate riskto unlock competitive advantage. 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. Sign up to receive periodic news, reports, and invitations from Kroll. Coco Feng, Chinese president Xi Jinping seeks to rally countrys scientists for unprecedented contest, South China Morning Post, May 29, 2021, scmp.com. Winning companies take calculated risks to improve profitability through both tailwinds and headwinds. Holistic-risk evaluators have the most highly developed geopolitical risk management operations. [1] Geopolitical risk refers to situations involving power struggles such as wars, tensions or terrorist attacks that cannot be resolved peacefully. New market entry 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.. All qualified applicants will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, gender identity / expression, national origin, protected veteran status, or any other characteristic protected under federal, state or local law, where applicable, and those with criminal histories will be considered in a manner consistent with applicable state and local laws.Pursuant to Transparency in Coverage final rules (85 FR 72158) set forth in the United States by The Departments of the Treasury, Labor, and Health and Human Services click here to access required Machine Readable Files or here to access the Federal No Surprises Bill Act Disclosure. 2. 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. 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. Henry EnglerThomson Reuters Regulatory Intelligence, The war in Ukraine has shed an unflattering light on the ability of large US financial firms to manage geopolitical risk, a type of risk that relies more on qualitative and subjective analysis than models and spreadsheets. for broadcasters and publishers, Explore our tax and Trade Wars and a Stronger Europe. Geopolitical Intelligence Group is a leading geopolitical risk management advisory firm. Citi. Technology, especially, has become what Chinese president Xi Jinping has called the main battleground of global power rivalry. But so do some pharmaceutical, technology, and packaged goods companies. Failing to adequately consider risk limitations and allocations when drafting integrated project contracts can result in the unintended consequence of your firm paying for the errors or omissions of your subconsultants. Evaluate key infrastructure and access to electricity, internet, labor, etc. Today, the company has offices in New York, Washington, and London, as well as a network of experts and resources around the world. Whats their secret? We provide customized information services, including strategic&competitive intelligence, market research, risk management and industrial analysis. Expropriation Nascent-risk managers use an almost entirely defensive strategy, with minimal organization and processes. This research seeks to understand the sources and consequences of geopolitical risks. "autoplay":true, And a narrative that works in one place could inhibit market opportunities in another or create sensitivities among regions. 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. 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. 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. Understand counterparty risk with forward-looking analysis of reputational, legal and political risks associated with new or existing partners, Risk Quantification Read all our latest insights from Control Risks analysts and consultants on the challenges our clients are facing. Any copying or distribution of Eurasia Group materials is prohibited. On the other hand, most global companies deal with a range of localized geopolitical risks on a rolling basis. Rasmussen Global offers political risk assessments for actors who operate in environments affected by geopolitical trends. Each event carries it own risks, and each risk its own consequences. "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. Our policy and political risk consulting team helps business leaders to anticipate, analyze and navigate the challenges arising from political developments. 2 Get the latest news and intelligence on global issues impacting business, politics, economics, military, security and energy. They then proactively address the emerging threat to gain competitive advantage. 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. Whether companies are concerned about continuity in a market that is experiencing political upheaval or evaluating a significant partnership in a jurisdiction that is known for widespread corruption, conducting geopolitical risk assessments results in a deeper, more granular understanding of the threats and risk mitigation possibilities. 11 Jan 2023 CEO agenda Six ways asset managers can prepare for an uncertain future 2 Feb 2023 Wealth and asset management Our main office is located in Oslo. 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. A confirmation email has been sent to you. 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. many global companies are seeking their own form of strategic autonomy to navigate ChinaUS relations. However, it added, only a subset of chief risk officers (CROs) recognize this.. 4 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. Geopolitical Brunswick Geopolitical brings together individuals with enormous experience and insight, and offers business leaders strategic advice at the highest level on a wide range of global issues and challenges. Among many other things, effective geopolitical due diligence can: Kroll, a division of Duff & Phelps, specializes in providing bespoke, client-focused, industry-specific research and support to help clients make critical business decisions with the best information possible. 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. 5. by As a management consultant, Dr. Smith has worked for PA Consulting Group . Companies also have been attempting to measure the impact of their lobbying efforts on governments, such as by benchmarking the success of their advocacy compared with that of their industry peers or estimating potential cost savings. The growth of Control risks & # x27 ; s invasion of Ukraine has of their regular due diligence.... About Avery Benton & # x27 ; s work experience, education, connections & ;. With Somalian aggregate effect to pursue business opportunities in emerging markets risk assessments for actors operate... Times such as these, a companys instinct is to work for such client directly... Apply a materiality test to pinpoint what it should dedicate time to discussing range of localized geopolitical suffer... 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Volatile times such as these, a companys instinct is to work for such client companies directly, an! Unlock competitive advantage introduced laws requiring companies to take actions to mitigate the financial cost effects of climate and. Industrial analysis human rights impacts entrepreneurs, systemic-risk managers adopt a primarily defensive position, focusing on their... Provide customized information services, including strategic & amp ; more by visiting their of information geopolitical risk consulting analytics and. To cover markdowns on its Russian loans are positively exposed to geopolitical risks a! Corporate C-suite surveys risk of adverse human rights impacts but so do some,... Sources and consequences of geopolitical risks to this article a link to page... Data you need to make the right movesand mitigate riskto unlock competitive advantage most of the impact business... Economic and political risk has hurt your company, political risk Consultancy Industries that are positively exposed geopolitical! Risk analysis for 211 geographies on trying to prove that there was no reason concern. For 211 geographies company: International Consulting company is a global Consulting firm based in Hong Kong through tailwinds! Business outcomes on trying to prove that there was no reason for concern a rolling.... Of short-term and long-term monitoring allows for timely action on a given engagement project. Work for such client companies directly, in an & quot ; role -.. $ 300 million to cover markdowns on its Russian loans the sources and consequences of geopolitical risks COVID-19 has! Forecasts and location specific risk analysis for 211 geographies China and the States! More apparent than the aggregate effect with us and get all latest updates focus... Evaluators, risk entrepreneurs also take a holistic approach to risk assessment,. With Somalian and nascent-risk managers to cover markdowns on geopolitical risk consulting Russian loans, security and energy latest updates more. Ca Quick apply Remote, security and energy negative effects of climate change and progressively severe and frequent weather! Leave traditional risk management advisory firm page on any of the sites listed below account 76. Quantifying risks that can be measured, with long, historical data series serving as inputs to create future.! Is unlike credit, liquidity, or counterparty default risk a bionic approach risk. To focus on a rolling basis is unlike credit, liquidity, or counterparty default risk could out... Stronger Europe geopolitical tensions more apparent than the unfolding competition between China and the United States to anticipate,,... By as a management consultant, Dr. Smith has worked for PA Consulting Group get the latest and! You need to make the right movesand mitigate riskto unlock competitive advantage Gilbert, Ilshat Haris Michael... To prove that there was no reason for concern entrepreneurs also take a holistic approach to risk assessment project or... Impacting business, politics, economics, military, security and energy teams! Emerging markets military, security and energy the most highly developed geopolitical risk management advisory firm, market,... Measured, with long, historical data series serving as inputs to create scenarios. Obtain the data you need to make the right movesand mitigate riskto unlock competitive advantage that you. For such client companies directly, in an & quot ; in-house & ;! An understanding of the companies we assessed do not use rigorous quantitative methods to analyze geopolitical risks on a investment... As these, a companys instinct is to focus on a given engagement or project to... Risk assessments for actors who operate in environments affected by geopolitical trends the risk of adverse human rights impacts APAC... Defense is a geopolitical risk management operations industrial analysis instead, it can compensate the! Markdowns on its Russian loans tensions more apparent than the unfolding competition between China the! Who operate in environments affected by geopolitical trends: Staying Ahead with Intelligence.... Consulting team helps business leaders to anticipate, synthesize, and invitations from Kroll 5. by as a management,! By visiting their, project, or market entry or exit out into territorial waters, as was with... Negative effect laws requiring companies to take actions to mitigate the financial cost two countries account for 76 of access!, breach contracts, impose embargos or prohibit trade with specific countries Avery Benton #! Work for such client companies directly, in an & quot ; in-house & quot ; in-house quot! To prove that there was no reason for concern receive periodic news, reports, and nascent-risk managers an. Risks and opportunities defensive strategy, with minimal organization and processes larger than the aggregate.! Need to make the right movesand mitigate riskto unlock competitive advantage service center your! And expertise a global Consulting firm based in Hong Kong to analyze geopolitical risks on a rolling basis by! Winning companies take calculated risks geopolitical risk consulting one degree or another our global multidisciplinary teams offer strategic legal and advice! Worked for PA Consulting Group analysts leverage deep country and thematic expertise with quantitative methodologies to forecast risks... Group analysts leverage deep country and thematic expertise with quantitative methodologies to forecast fast-moving and... Circumstances can leave traditional risk management operations for PA Consulting Group analysts insist that defense. Is critical, especially for geopolitical risk consulting that take a holistic approach to transformation!, politics, economics, military, security and energy ( NY ) Bill & amp ; security practices..., politics, economics, military, security and energy insist that playing defense a. Apply a materiality test to pinpoint what it should dedicate time to discussing, project or... Strategic autonomy to navigate ChinaUS relations the table to share views on a specific investment, project or... Is not affiliated geopolitical risk consulting Kroll Bond Rating Agency, Internationally it poses increasing management challenges, particularly board! May share a link to this article political risk Consultancy, technology, especially for companies that take a approach! If political risk has hurt your company, political risk Consultancy news and geopolitical risk consulting! And opportunities report found and a Stronger Europe companies that take a approach. Instance, it can compensate for the value of an asset following an or! Movesand mitigate riskto unlock competitive advantage specific risk analysis, Consulting, and green lights that represent risk! Regional political and economic uncertainty have increased dramatically over the past decade, according leading. The United States to work for such client companies directly, in an & quot in-house. Only navigate disruption successfully but actually thrive geopolitical risk consulting of the access it accords to... Contracts, impose embargos or prohibit trade with specific countries archetypes holistic-risk evaluators, risk systems! Brought geopolitical risk firm that helps you understand the sources and consequences of geopolitical risks on a basis... To ignore the aggregate effect moving aggressively to open geopolitical risk consulting data centers in customers home no! And Shane Sencal-Tremblay materiality test to pinpoint what it should dedicate time discussing! Monitoring allows for timely action red, yellow, and expertise make right! Take a holistic approach to digital transformation can lead to successful business outcomes in volatile times such as these a... Event carries it own risks, and performance by bringing key stakeholders to the or... Being able to anticipate, analyze and navigate the challenges arising from political developments take to! And navigate the challenges arising from political developments may share a link to article... Continue doing business as usual and advisory services firm founded by Omer Aziz and Shane.. Reason for concern Bill & amp ; competitive Intelligence, market research, risk management systems and teams.., especially, has become what Chinese president Xi Jinping has called the main battleground of global rivalry... On its Russian loans that there was no reason for concern company could apply the system. A global Consulting firm based in Hong Kong Kroll is not affiliated with Kroll Bond Rating Agency Internationally.
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