If we can come together, disagree, and then problem-solve over the course of just four days, surely we all have something to be optimistic about. In class, we had over 40 nationalities discussing and debating the fate of the world.ĭespite all that’s wrong in the world today, my faith in humanity was restored spending time with business students from across the globe-from Russia to China, India, Germany, and everywhere in between-who are determined to find a way to come together constructively and make a positive difference in the world. On Monday, I finished teaching my annual deep-dive Corporate Diplomacy and Geopolitical Risk elective at Hult International Business School’s San Francisco campus. It is a discipline I am deeply passionate about. I have been working in the corporate diplomacy domain with senior global executives my entire career. In a time when geopolitics is being driven by increased nationalism, the failures of globalism, and complex security challenges we need more bold, ethical corporate diplomats who are trained, prepared, and resourced not only to engage in the interests of their companies but of society as a whole.
And today’s business leaders, who are increasingly being called upon to act as corporate diplomats, will need to be prepared to address these risks now and mitigate them well into the future.Ĭorporate diplomacy is the approach within companies to engage and negotiate effectively on behalf of their strategic interests with external stakeholders across sectors: governments, non-governmental organizations, competitors, and key influencers.
If the events of the past months, weeks, and days are any indication, global uncertainty in the markets and the constant shifts in the geopolitical landscape are here to stay.
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