Writing in MIT Sloan Management Review, BCG Henderson Institute’s Adam Job, Nikolaus Lang, Ulrich Pidun, and Martin Reeves explain how companies can prepare for periods of political volatility. They outline six steps to navigate political risk, including bolstering your workforce with people who have expertise in triaging political developments and adopting stable principles to better weather disruption. “While good preparation can help companies survive turbulence, mere survival is necessary but not sufficient,” they write, noting that businesses that quickly adapt to external shocks are best positioned to gain long-term advantage.
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MIT Sloan Management Review