Five imperatives for CEOs amid geopolitical uncertainty
McKinsey (Nov 2024) "Leading amid geopolitical upheaval: Five imperatives for today's CEOs" argues escalating regional conflicts and trade divergences are reshaping multinational strategy. Stats: US-China tariffs have risen sixfold since 2017; global trade interventions have grown twelvefold since 2010. The five imperatives include building geopolitical foresight with scenario-informed decision-making, enhancing resilience as a blend of shock absorption and agility (flexible systems, unified culture, rapid decisioning, supply-chain resilience as a board priority), and leveraging AI while treating regulatory change as a platform for differentiation by embedding attention to regulations into board meetings and performance goals. Direct relevance for SEA mid-market exporters in the US-China crossfire.
Sources
McKinsey & Company