In this inaugural episode of Riskology by Infortal, hosts Chris Mason, Candice Tal, and Dr. Ian Oxnevad discuss the podcast's approach, which blends business, geopolitics, and intelligence to demystify the 21st-century economic world. Infortal Worldwide is a global risk management and investigations firm that specializes in helping businesses navigate complex risk landscapes, including economics, politics, and geopolitical risk. The firm operates in 160 countries worldwide, focusing on large companies, upper-middle-market entities, and large-cap corporations.
In addition to geopolitical risk, Infortal offers solutions to real-world problems faced by clients, such as sanctions risk, potential violations of the Foreign Corrupt Practices Act (FCPA), identifying bad actors, and addressing reputational damage. They help companies mitigate global risk exposures, such as financial losses, reputational damage, and legal liability, using comprehensive risk management solutions.
The risk environment encompasses micro risks at the individual and business level, as well as macro risks at the country and regional level. Infortal recognizes the significant challenges companies face when engaging with international partners, suppliers, and stakeholders and aims to address the gap in discussions around geopolitical risk and provide education on the multifaceted challenges businesses face today.
To unlock the power of geopolitical risk analysis, it is necessary to break down information silos within risk teams and ensure that critical insights reach key decision-makers. Geopolitical risk analysis is more than just identifying potential problems and challenges; it allows organizations to strategically navigate the business landscape and position themselves advantageously against competitors in the event of unforeseen challenges.
The current geopolitical risk landscape indicates a change in the dynamics of globalization, with key geopolitical players like Russia, China, India, and the European Union reshaping the global economic landscape. While globalization is currently facing challenges and uncertainties, it also presents many opportunities, with strategic countries like India and Turkey playing pivotal roles in shaping the future.
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