After the Russian invasion of Ukraine, the world of business will never be the same again. Deputy Attorney General Lisa Monaco recently said that the world’s “geopolitical landscape is more challenging and complex than ever. The most prominent example is of course Russia’s invasion of Ukraine.” It is “nothing less than a fundamental challenge to international norms, sovereignty and the rule of law that underpins our society.” This is even more so in the current business climate. Over this five-part podcast series, I will consider how the business will never again be the same and how a confluence of events of events has changed business forever. I am joined in this exploration by Brandon Daniels, CEO of Exiger. We will explore the irrevocable changes in Supply Chain, trade and economic sanctions, anti-corruption, cyber-security and ESG. In Part 1, we begin with changes in the Supply Chain. Highlights include:
· How the pandemic sped up changes in the Supply Chain which cumulated with the Russian invasion of Ukraine.
· How US trade competition with China impacted the Supply Chain.
· The ethical requirement to support democracy, democratic institutions and democratic countries has impacted the Supply Chain.
· The national security risks and implications in the Supply Chain.
· What is the role of compliance in addressing these new risks, challenges and opportunities?