Abdullah Verachia, senior faculty and strategist at the Gordon Institute of Business Science (GIBS), notes that there have been five major shifts over the last few years:
Geopolitical shifts: There has been a strong and pervasive shift in terms of how countries are looking at positioning themselves. Verachia says there has also been an increase in nationalism – where countries are increasingly looking towards self-sufficiency through increased use of local manufacturing, the use of local supply chains and, consequently, local job creation.
Economic shifts: Many EU countries have already moved to a post-pandemic boom, with bustling economies, while countries with lower vaccination rates or those that experienced a slower government response to Covid-19 are still very much in crisis-management mode. Click here to read full article