Companies and governments are increasingly confronted with the severe consequences of rising geopolitical tensions. Strategic consultants of Deloitte are also faced with more and more questions and assignments related to geopolitics and geoecononics. How to help these organizations with these questions?
To help Deloitte assist and advice companies better, Michel Don Michaloliákos was asked to provide a masterclass – covering the geo-economic cause of the fragmenting world order via general risk analysis and assessments opportunites for European companies, all the way to the consequences for strategic consultancy.
Special attention was paid to the following sectors.
Sectors:
•Public organizations (municipalities): As a result of increased geopolitical tensions, the threat of war and cyberattacks. , municipalities have been given the task of making their residents, society, their own organisation and businesses more resilient. How can municipalities be assisted in making their communities, including citizens, their own organisations and companies, more resilient?
•Financial institutions are confronted with new types of and the intensification of existing risks. They are tasked with keeping the financial sector stable in geopolitical turbulent times. An important challenge is how these risks can be quantified and ‘price-in’ in order to maintain financial stability. How to overcome incommensurability, between geopolitics and economics/finances? How to help Dutch and European companies to finance and create more robust supply chains?
•Energy companies face new and intensifying physical, cyber and geopolitical risks while keeping the energy system secure, affordable and sustainable. A key challenge is how energy companies can pursue the energy transition, keeping energy prices affordable while increasing the system’s resilience.
•B2C businesses face new and intensifying physical, digital and geopolitical risks while customers expect affordable, reliable and sustainable products and services. The main issue is how B2C-businesses can secure robust/resilient supply chains, adapt flexible to disruptions in supply chains while keeping prices accessible.
