A strategist is in the business of managing risk. Too often, strategy and policy are formulated with an assumption that everything will unfold as expected. In reality, every decision to act or not to act entails risk. Risks might arise from sudden changes in the domestic politics in key countries, economic developments that alter the distribution of power, or geopolitical decisions of their leaders. In this book, Amy Zegart and Condoleezza Rice provide a method for businesses to assess political risk systematically that can also inform how we think about it for strategy. It provides a framework to understand, analyze, mitigate, and respond to political risk.
Guiding Questions
- What are the primary political risks facing businesses, and what are effective responses to these political risks?
- How do you adapt your organization to manage political risk and adapt to ever-changing political circumstances?