Lessons from 2023: global business goes back to school

2023 felt like an uneven, transitional year. Global inflation has fallen sharply, and supply chains have recovered without a major economic crisis. But overwhelming geopolitical volatility, including ongoing conflicts in the Middle East, Europe and the Sahel, as well as a looming swathe of elections worldwide haunts any attempt to paint an overly rosy picture. 2023 also saw the emergence of a new multipolar world order as Middle Powers flexed their muscles and leaps in AI supercharged just about everything. Businesses must be ready to monitor and adapt.

What’s next? Join Control Risks Partner, Claudine Fry, for a conversation with Control Risks experts Jonathan Wood, a Principal in our Global Risk Analysis team based in the US, and Andrew Gilholm, a Principal in our Global Risk Analysis team based in South Korea, as they examine the key events and trends from 2023 and what these mean for the year ahead.

For more on what businesses need to watch in 2024, check out RiskMap, Control Risks’ annual forecast of business risks, compiled by Control Risks experts worldwide. With risk ratings and in-depth analysis, RiskMap is your essential guide to mitigating risk and seizing opportunity in the year ahead.  

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