Geopolitical tensions and economic competition have intensified, placing new pressures on corporate affairs teams. Organizations must adapt to a more complex geoeconomic environment that demands heightened strategic agility and responsiveness. The article highlights five ways corporate affairs can refresh their playbooks, such as enhancing scenario planning and stakeholder engagement.
These changes are crucial to mitigate risks associated with geopolitical volatility, including regulatory shifts and reputational damage. Failure to adapt could lead to misaligned strategies and reduced competitiveness in global markets. By embracing these new approaches, corporate affairs teams can better anticipate and respond to geopolitical developments.
The article implies that organizations should prioritize building capabilities that integrate geopolitical insights into business decisions. The evolving geopolitical landscape requires sustained innovation in corporate affairs functions to safeguard long-term corporate interests and resilience.
👉 Pročitaj original: McKinsey Insights
