Riskology by Infortal™: Podcast Episode 40 – International Expansion: Conquering Risk with Special Guest Frank Lavin
Join us for our milestone 40th podcast with Special Guest Frank Lavin!
What is your strategy to conquer risks in international business expansion?
“You need to approach a new market with an all-weather strategy”
Riskology by Infortal™ co-hosts Dr. Ian O. and Christopher Mason are thrilled to welcome Frank Lavin, Visiting Fellow at Stanford University's Hoover Institution and a leading expert in international commerce.
In 2025 geopolitics will present an ever-expanding set of risk factors that require careful analysis and consideration before taking a leap into new markets.
Key Takeaways: 🌐 Adopt a Light Footprint Strategy for International Expansion:
➡️ Instead of replicating your US operations in a new market, you should consider starting with scaled-down capital investment by outsourcing services such as logistics and distribution.
➡️ Utilize All Available Resources and Networks:
➡️ To facilitate international business expansion, leverage all available resources, including government agencies and private sector service providers.
➡️ It may seem straightforward, but understanding the new market conditions before entering will strengthen your operating model and help you avoid significant risk.
🌐 Evaluate New Markets with a Risk-First Mindset:
➡️ Rank potential foreign markets in terms of risk when deciding where to expand your business first. You may want to first consider lower-risk market entry points and build from there.
➡️ Conducting a geopolitical risk assessment of the planned expansion based on local, boots-on-the-ground intelligence is essential.
➡️ By leveraging geopolitical risk analysis and the right market intelligence, your company can attain a competitive edge while minimizing risks associated with international expansion.
Infortal’s Continuing Legal Education (CLE) courses are designed to equip executives, attorneys and risk managers with strategic insights to navigate the complex landscape of geopolitical risk. We cover topics such as international sanctions, regulatory risks, corporate espionage, AML, global warfare, anti-terrorist financing and corruption.
We can help you make informed decisions and mitigate potential risks for your business.
