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AN ARTICLE A DAY, PICKED BY OUR EDITORS

Brought to you by Liz Hilton Segel, chief client officer and managing partner, global industry practices, & Homayoun Hatami, managing partner, global client capabilities

It’s been a year since Russia’s invasion of Ukraine, and the war is continuing to cause global disruptions in energy, food security, supply chains, and more. In a new article, McKinsey’s Andrew Grant , Ziad Haider, and Anke Raufuss emphasize the importance of strategic conversations on geopolitical risk among multinational CEOs and boards. They categorize geopolitical events in three ways—black swans, gray rhinos, and silver linings—and outline a framework for scenario planning for each that can help companies structure their strategic conversations amid a fragmenting global order. Check it out and start the conversation.

Globe made from squares expanding on white background

Black swans, gray rhinos, and silver linings: Anticipating geopolitical risks (and openings)

The need for board-level strategic conversations on geopolitical risk is urgent.

Think broadly

Quote of the day

“Companies learned through the pandemic how a health crisis damaged their economic performance and may now see how it’s in their interests to support the health of their workforces and local communities, even if not for society as a whole.”

—Dame Sally Davies, the master of Trinity College Cambridge and UK Special Envoy on Antimicrobial Resistance, on the commercial drivers of health in “Dame Sally Davies: ‘Make the healthy choice the easy choice’”

Chart of the day

Chart of projected European dispatchable installed energy capacity in 2035 without new build

See today’s chart

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Success in the M&A rebound: Riding the coming wave of upstream deals

Historically high cash generation across the North American upstream industry could create the perfect market conditions for accelerated M&A activity for market leaders.

Ride the M&A wave

Seizing the momentum to build resilience for a future of sustainable inclusive growth

The ‘resilience agenda,’ developed by the World Economic Forum with McKinsey & Company, is the first serious program to coordinate long-term solutions throughout our disrupted world.

Support diversity

— Edited by Joyce Yoo, editor, New York

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