Geostrategy in Practice 2021

• Concerns about geopolitical risk appear to be driven by US-China tensions and the geopolitics of COVID-19. In response, 49 percent of global executives expect political risk to be higher in the coming year than it was last year.
• While 53 percent of companies globally integrate political risk into the broader strategic planning on a proactive basis, 10 percent of executives report their company does not do it at all.
• Political risk governance appears to be siloed in many companies. Only 40 percent of companies use a committee to govern political risk management, indicating that responsibility for this resides within a single function or individual in the majority of companies.