Michael Beckley & Kimmo Nieminen: Geopolitics, China and How Businesses Can Stay Resilient
Jakson tiedot
Jakson kuvaus
Tufts University professor Michael Beckley and PwC Finland's Kimmo Nieminen debate what slowing global growth, state-backed competition and China's peaking power mean for business leaders, and how to build a company that is ready for a more volatile world. Key learning points: 1️⃣ The "polycrisis" is really one crisis. Beckley argues that slower global growth is pushing countries and companies to grab bigger shares of a stagnant economy. 2️⃣ Don't manage everything as a crisis. If everything is treated as a crisis, nothing is the strategy. Build a company that can absorb volatility instead. 3️⃣ Treat resilience as insurance. Identify your critical dependencies, such as the "10-euro component" that can stop a billion-euro plant, and pay the resilience premium where it matters. 4️⃣ Turn resilience into something customers pay for. Companies that offer redundancy and alternative supply routes become more attractive to clients and governments alike. 5️⃣ China may be more dangerous in the short term but less competitive in the long term. Debt, overcapacity and backlash against its policies are building up. #nbforum #nordicbusinessforum #nbf
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