How companies can prepare for future upheavals, make strategic decisions, and remain agile.
November 11, 2024
HBR Staff via AI
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Right now, businesses need to navigate two converging trends: 1) breakthroughs in critical and emerging technologies are redefining global power dynamics, economics, and security frameworks, and 2) geopolitical instability is disrupting supply chains, shifting alliances, and fueling competition over critical resources and technologies.
Right now, two major trends are reshaping the world. First, breakthroughs in critical and emerging technologies — think artificial intelligence, advanced telecommunications, synthetic biology, and quantum computing — are redefining global power dynamics, economics, and security frameworks. Second, great geopolitical instability is disrupting supply chains, shifting alliances, and fueling competition over critical resources and technologies: Russia’s invasion of Ukraine, rising tensions between Washington and Beijing, and worries that Israel’s two-front war in Gaza and Lebanon could spark a conflict that engulfs the entire Middle East. Donald Trump’s re-election will undoubtedly intensify these dynamics.
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Tobias Feakin is Australia’s former inaugural Ambassador for Cyber Affairs. He led Australia’s whole of government international engagement to advance and protect Australia’s national security, foreign policy, economic and trade, and development interests in the internet and in cyberspace.
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