
Good morning,
Not long ago, companies in only a few sectors—energy, mining, agriculture—assigned time and resources to minding geopolitics for signs of strife. But today, a war or political shift on the other side of the world has become just as important to manufacturers, tech companies, social media brands, and retailers.
Boards and CEOs from all kinds of companies now routinely rank geopolitical risks as among their top concerns. Still, says Johan Gott, cofounder of Prism, a consulting company specializing in political risk, boards are not engaged enough. It’s still “a little bit too much talk and too little action,” he says.