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Inside the Strategy Room
205. Helping boards manage geopolitical risk with Jon Huntsman Jr.
May 16, 2024
Former US governor Jon Huntsman Jr. and experts discuss the urgency of board-level conversations on geopolitical risk. They explore challenges like evolving board governance, navigating geopolitical risks in a multipolar world, enhancing board insights on geopolitics, and seizing opportunities amidst global challenges.
40:22
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Quick takeaways
- Boards are enhancing strategic talent management and utilizing technology to address emerging challenges like supply chain disruptions and cybersecurity.
- Boards are proactively aligning risk with strategy, leveraging specialized talent, and fostering resilience to navigate geopolitical headwinds effectively.
Deep dives
The Changing Landscape of Board Discussions on Geopolitical Risks
The dynamics of board discussions have shifted significantly towards deeper integration of geopolitical risk considerations within organizations. Boards are now faced with increased complexity, including shareholder and stakeholder demands, business agility, and market volatility. With boards spending more time on strategic topics like geopolitics, technology, and risk management, there is a growing need for continuous learning and enhanced board preparedness. The evolution of board priorities underscores the critical importance of incorporating geopolitical risk insights into corporate strategies.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode