First published 2018
Political risk has transformed from a narrow concern affecting select industries in emerging markets to a pervasive challenge facing all businesses today. Condoleezza Rice, former U.S. Secretary of State, and Stanford professor Amy B. Zegart examine how companies now face threats from an expanded range of actors including social media users, local government officials, activists, terrorists, and hackers. The authors argue that traditional institutions and legal frameworks designed to provide business stability often create the opposite effect. No markets remain truly safe in our interconnected global economy. Rice and Zegart analyze this shifting terrain and provide practical guidance for navigating these challenges. They draw lessons from corporate successes and failures across various sectors, supplemented by insights from military aircraft carrier operations and NASA space missions. The book presents a comprehensive framework applicable to organizations of any size, from new startups to major corporations. Companies that adopt rigorous, methodical approaches to managing political risk will face fewer surprises and demonstrate stronger recovery capabilities when problems arise.
Genres: business, political-science, non-fiction, current-affairs, political-thriller
Vibes: intimate, suspenseful, thought-provoking
Tropes: investigative-journalism
336 pages · Hardcover · Twelve