Risk Management Show
Ex-CIA Agent Reveals: Middle East Risk Assessment Secrets
Jan 10, 2025
Michele Rigby Assad, a former CIA operative turned corporate advisor, sheds light on her unique experiences in Middle Eastern risk assessment. She discusses the challenges multinational corporations face in conflict zones and the critical need for cultural understanding. Michele introduces her 'Get Off the X' mindset, which emphasizes strategic disengagement from harmful situations. Additionally, she reflects on intelligence failures and advocates for grassroots insights in decision-making. Her insights are a treasure trove for anyone navigating geopolitical risks.
25:50
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Quick takeaways
- Multinational companies must conduct localized risk assessments tailored to unique cultural and geopolitical contexts for successful operations in the Middle East.
- The 'Get Off the X' mindset is crucial for overcoming operational challenges and adapting strategies in volatile environments as illustrated by CIA case studies.
Deep dives
Navigating Geopolitical Challenges
Multinational companies face significant operational challenges when expanding into conflict-prone areas due to a lack of understanding of local cultures and systems. Many foreign businesses struggle to effectively vet potential partners and navigate diplomatic conversations in regions with opaque governance structures, such as Saudi Arabia and the Emirates. The constant threat of instability and security risks, complicated by ongoing geopolitical conflicts, requires an in-depth comprehension of the local environment. Companies must have experts who can monitor and assess evolving risks to ensure their operations are safe and compliant.
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