Why An Organization Might Invite A Geopolitical Strategic Advice Speaker?
Many businesses, government agencies, non-profits, and other organizations have to deal with geopolitical issues. Try as an organization might to understand the complex landscape, understanding emerging or complex issues can be difficult at best. Frequently, a good way to get a leg up on such matters is to invite a geopolitical strategic advice speaker to visit. Organizations may extend an invitation for these three reasons.
Companies expand into markets. Nonprofits expand outreach into different regions. Government agencies' priorities can move toward different parts of the world. In all of these cases, diving into geopolitical waters can be rough.
Your people need a primer on the overarching issues and how they might affect your organization. This is especially true when there are competing international interests. An American company that's developing operations in China, for example, needs to be aware of the Great Power competition. It has implications legally, economically, and culturally. When things go sour at the geopolitical level, it can have military implications, too. Your firm doesn't want to drop into these kinds of situations without a heads-up on what to expect.
Even if a company tries to steer clear of the geopolitical game, risk management will drag them in. In an increasingly globalized and interconnected economy, it's nearly impossible to insulate yourself from problems at this scale. As evidenced during the COVID pandemic and the connected supply chain crisis, no one can avoid geopolitical strategic issues.
From the perspective of risk management, a geopolitics strategic advice speaker can help your team prioritize developments. A shipping company, for example, needs to think about how safe its transports and cargo will be. When things go bad in geopolitics, some regions of the world become downright uninsurable for traffic. You need to know what's boiling up and what the implications there are if crises boil over so you can purchase insurance or acquire insurance-like hedges.
Particularly when gold rushes are on in some industries, caution often goes to the wind. When this happens, the folks who know the lay of the land even slightly better are oftentimes the big winners.
For example, microchip fabricators are expanding operations across many continents right now out of fear that concentration in East Asia creates geopolitical exposure. However, these companies need to be aware of the implications of establishing plants rapidly in so many countries. Even in historically stable regions of the world like Western Europe and North America, tariffs and local regulations can affect such plans. Choosing one location over another may yield a competitive advantage.