Interesting new articles from McKinsey and BCG's respective geopolitics practices look at the benefits of a more proactive approach to geopolitical risk in our new world state. Investors and clients are routinely placing geopolitical uncertainty as their number one concern and barrier to initiating new projects as per McKinsey’s Global Economic Conditions Survey. Continued and new potential conflicts as well as BRICS+ growth has challenged the long established world order with a new developing picture, a wholly unclear picture even for those with a huge amount of information available to them.
We’ve seen a spike this year in clients hiring consultants and experts across foreign policy, geopolitical risk and international relations advisory. Although the majority of projects earlier in the year focused on risk and mitigation experience there has been a shift towards building teams who can bring expertise in engaging potential advantages and new opportunities being mapped.
If you are interested in exploring these growing markets in more detail or specialising away from more generalist consulting into these areas feel free to reach out.