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In today’s uncertain and turbulent world, corporate organizations that take a systematic approach to political risk measurement are better equipped to deal with ‘blind spots.’ The unleashing of liberalization, privatization, and globalization (collectively called LPG forces) has led to unprecedented challenges for corporations. Management boards have quickly grabbed growing opportunities for corporations but have turned a blind eye to accompanying challenges. These challenges have been in new forms of state regulations, disruptions in global value chains, growing activism of civil society organizations, and ‘institutional voids’ in emerging markets. Despite these challenges, few corporations and corporate professionals have made the desirable investment in political risk as a part of their overall risk management strategy. Political risk enables analyses of the evolving business landscapes by learning how businesses can navigate unprecedented challenges. Barring a few, most corporations have hesitated to invest in political risk management. The three-day executive education program will focus on political risk management and deal with the applicability of the risks to businesses. With the aid of some recent case studies and a participant-centred learning method, the programme seeks to instigate the corporates to redesign their strategy wardrobes and emerge as sustainable and successful corporate actors.
- To anticipate political areas of risk by studying the evolution of the political risk in the past two and a half decades and the immediate future
- To understand the significance of geopolitics for managerial decision-making in identifying sources of political risks affecting businesses
- To help managers navigate risk owing to political risks and develop the ability toward individual and organizational effectiveness
- To engage in competent political risk management by providing tools, frameworks and equipping themselves with optimal scenario planning
- To assess political risk in a specific global context by understanding various models of political risks and appreciate the need to anticipate blind spots and make effective responses to recover from political risk crises
Module 1: An Introduction to Political Risk and its Impact on Business-Sources and Levels of Political risk
Module 2: Not Reacting but Anticipating Risk: Lessons in Political Risk Management- from Successful Companies
Module 3: Global Supply Chains and the Case of China-US Trade War and Impact on International Business
Module 4: Energy Security and its Impact on Businesses
Module 5: Political Risk Management: An Integral Part of Global Corporate Citizenship
Module 6: Fortifying your Political Risk Muscles
(Each module to comprise three sessions)
Management Development Programmes (MDP) Office
Indian Institute of Management Indore
Prabandh Shikhar, Rau-Pithampur Road
Indore 453556, Madhya Pradesh, INDIA
Email : mdp@iimidr.ac.in
Tel. : +91-731-2439750, 2439752, 2439753, 24397544
Fax : +91-731-2439800
The programme is designed for corporate professionals in the middle and senior management. Consultants working in risk management and policymakers will also find the programme beneficial.
45000
GST, as applicable, will be additional
Prof. G Venkat Raman
Email: gvenkat@iimidr.ac.in
Phone: +91-731-2439585