Political Risk Intelligence for Business Operations in Complex Environments

Political Risk Intelligence for Business Operations in Complex Environments provides international managers with a foundational understanding of political risk analysis and planning for on-the-ground operations in challenging times and places. It explains how and why political risk manifests, how to identify and analyze stakeholders, how to prepare for long-term contingencies, and how to manage intelligence.

Format: Paperback / softback
Length: 416 pages
Publication date: 19 June 2023
Publisher: Taylor & Francis Ltd

Macro-level dynamics and modelling play a significant role in the mainstream political risk literature. However, there is a lack of in-depth exploration in the literature regarding the practical aspects of identifying and planning for potential issues in specific foreign operations in sensitive or volatile contexts. Political Risk Intelligence for Business Operations in Complex Environments seeks to bridge this gap by providing international managers and their organizations with a comprehensive understanding of political risk analysis and planning for on-the-ground operations in challenging environments.

This involves developing a fluid grasp of political risk, its significance within the organization's context, and the effective methods for gathering and analyzing relevant intelligence to inform decision-making and planning for operational socio-political resilience.

The book delves into various aspects of political risk, including how it manifests, the different forms it can take, and how it can impact business operations. It explores the relationship between company attitudes and operational attributes and political risk, emphasizing the importance of understanding the operational implications of socio-political dynamics and trends. Stakeholder identification and analysis are crucial steps in informed engagement planning, and the book provides practical guidance on how to identify and analyze relevant stakeholders to ensure effective engagement.

Scenario analysis is employed to prepare for long-term contingencies and discontinuities, enabling organizations to develop robust plans and strategies to mitigate potential risks. Holistic, intelligence-driven political risk management planning is emphasized, encompassing tactical intelligence exercises to maintain awareness and inform adaptation. Intelligence management, collection, and quality control are also discussed, highlighting the importance of efficient and ethical practices in political risk management.

Rather than limiting itself to conventional notions of risk, the book emphasizes the dynamic relationship between a foreign operation and its host environment and milieu as a source of both challenges and opportunities to manage. Concepts such as risk appetite, risk tolerance, and risk mitigation strategies are introduced to facilitate a comprehensive understanding of political risk management.

In conclusion, Political Risk Intelligence for Business Operations in Complex Environments offers a valuable resource for international managers and organizations seeking to navigate the complex terrain of political risk in their operations. By providing a comprehensive understanding of political risk analysis and planning, the book equips managers with the tools and knowledge necessary to identify and mitigate potential issues, develop resilient strategies, and ensure the success of their on-the-ground operations in challenging environments.

Weight: 800g
Dimension: 177 x 254 x 34 (mm)
ISBN-13: 9780367710613