- In today’s CEO Daily: Diane Brady on companies’ push to regionalize amid conflict.
- The big leadership story: Iran war raises energy prices and cyber threats, with taxpayers footing the bill.
- The markets: A sea of red as the Iranian conflict escalates, with no end in sight.
- Plus: All the news and watercooler chat from Fortune.
Good morning. Will the attacks on Iran accelerate the push to decentralize global companies? This year’s Edelman Trust Barometer referenced the rise of the “poly-national”—a corporate structure that invests in long-term local relationships, compartmentalizing everything from talent to supply chains in individual countries. To stay ahead in a world that’s shifted from globalization to national interests, the argument goes, companies must “operate as a network of businesses with a U.S. center, but a local face.”
