Traditional business models are under significant pressure, facing threats from geopolitical and economic uncertainty. There are five major forces that affect most corporations today and should be part of every boardroom conversation.
Five Forces Increasing Risk Exposure
- A Return to Shareholder Capitalism
- Rapidly Changing Global Order
- The Return of Protectionism
- Cyber Wars on the Global Stage
- The Ever-Increasing Pace of Technological Disruption
Given these uncertainties, successful companies need to rethink their business models to give them an advantage over their competition and reposition their companies to be viable in the long-term.
Leading best practices include a company’s leaders’ ability to dynamically adjust their operations to increase strategic flexibility, to broaden their internal and external networks to inform their perspective on the market so they can anticipate and adapt to changes more quickly, and to target their investment in technology for operational efficiency while maintaining their competitive positioning.
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