Why companies need a geostrategy more than ever

Knowledge at Wharton

Episode Description

Witold Henisz, Vice Dean of the ESG Initiative at the Wharton School, explains why companies need a geostrategy more than ever during an interview on the Ripple Effect podcast, part of our series with faculty authors, exploring his book, "Geostrategy By Design: How to Manage Geopolitical Risk in The New Era of Globalization."

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Brief Summary

Companies must adopt geostrategies to address populism, nationalism, and digital risks affecting global operations.

Key points

  • The Need for Geost Strategies. Companies must adapt their strategies to address new global challenges.
  • Impact of Populism and Nationalism. Increasing populism and nationalism are reshaping global trade discussions.
  • Digitalization's Unique Risks. The rise of digitalization brings unique challenges for companies.

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