Political Uncertainty Report
The pace of change in the business world is faster than ever, and corporate directors are constantly working to stay up to speed on the myriad of critical issues facing their companies: market pressures, reputational risk, financial disclosures, environmental social and governance factors, technological disruption, and much more. On top of this house of cards sits a heavy, often amorphous issue, threatening to tumble down at any moment: political uncertainty.
Today, the global political environment feels more volatile and uncertain than it has been for several decades, and many boards are unsure of how to understand and approach it. In recent research conducted by the Diligent Institute, directors were asked about the topics that are most demanding their attention. “Political uncertainty” rose to the top of a list of concerns that was mentioned most frequently by directors from around the world. Thus, Diligent Institute sought to tackle this thorny topic in order to answer three key questions:
- What makes political uncertainty a different, harder issue to handle now than in the past?
- Is managing political uncertainty different from managing other kinds of risk, and if so, how?
- And finally, what should boards do about political uncertainty?