Gartner Research

5 Steps for Dynamic Management of Globalization Risks in Uncertain Times

Published: 20 April 2022

Summary

Major geopolitical, economic and technical shifts are altering the assumptions underpinning enterprises’ globalized expansion. As such deglobalization increases, executive leaders should use Gartner’s framework to assess the likely impacts and create adaptive strategies to proactively minimize risk.

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Overview

Impacts
  • Increasing nationalism, direct conflict, ongoing trade wars, stresses on just-in-time supply chains and a shift in trade from goods and services mean the nature of globalization is changing rapidly. This environment is creating a dynamic set of risks that CFOs, CHROs, chief supply chain officers (CSCOs) and other executive leaders need to proactively plan for and manage.

  • Regulatory environments, equity markets, the politics of production and cultural attitudes that enable globalized business operations are all in flux, requiring executive leaders to simplify and accelerate contingency analysis. The interplay of corporate structure, globalized operations and country-level risk factors must all

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