Industrial policy is rewriting competitive economics
How subsidies, export controls and state intervention can alter the relative attractiveness of markets, technologies and investment locations.
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Geopolitics
Assess geopolitical shifts, exposure and scenarios to inform strategy, investment, operations and market decisions.
Discover the macroEditorial overview
Articles
The strategic cost of dependency
Why concentrated exposure to critical technologies, materials and infrastructure is becoming a board-level issue across industries.
Read articleFocus
Great-power rivalry is reshaping the rules of international business
Competition between major powers affects technology, trade, capital, standards and the strategic position of multinational firms.
Bloc realignment is changing the geography of supply, investment and market access
Friend-shoring and nearshoring can alter cost structures, supplier networks and the strategic logic of international footprints.
Strategic challenges
When does political uncertainty become a material enterprise risk?
The challenge is distinguishing routine political volatility from instability likely to alter regulation, enforcement or commercial conditions.
Should the business move before geopolitical realignment forces the decision?
The challenge is judging when supply-chain and footprint changes are justified by structural shifts rather than temporary politics.
POV
Knowing that a conflict is worsening is not the same as knowing what to do
Enterprise relevance begins only when geopolitical developments are translated into specific exposures and decision triggers.
A dependency is strategic when another actor can remove your freedom to operate
The relevant issue is not supplier importance alone, but whether external control can materially constrain enterprise choices.
Strategic impact
Rivalry analysis clarifies where geopolitical fragmentation can affect strategy
Understanding exposure across markets, technologies and supply networks helps management test the durability of global operating assumptions.
Escalation analysis clarifies where enterprise exposure may become material
Linking conflict pathways with assets, suppliers and markets helps management see where contingency choices may be needed.
What we observe
Resource risk is often measured by spend rather than strategic dependence
Low-spend inputs can still create major disruption when substitution is difficult, inventories are thin or supply is concentrated.
Companies often react to regulation only after formal rules are published
Political signals, coalition shifts and institutional pressure can change likely policy outcomes well before legislation is complete.