As I went to bed at 3am, UK-time last night, the most-respected pollster, Nate Silver was predicting a 76% chance of a Clinton win. That the final result was so off-the-mark shows that uncertainty from political risk is higher than you may think.
When managers think about risk, they often look to the extremes. The word itself is often associated with dramatic events which change the world. But the losses we suffer often come from more mundane sources.
My subject being the somewhat ticklish subject of corruption in the supply chain, many of the academics and practitioners agreed that, although interesting, this particular area of inquiry might suffer from ‘data weaknesses’.
Businesses have been caught off guard by the war in Ukraine, but the conflict will require careful watching in the future. To understand this, the Economist Intelligence Unit held a session in London, debating the future of the region.
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