Political risks are on the rise. The recent past has been characterized by a dominance of geopolitical risks, which have the potential to endanger companies, entire sectors, and even national economies. Furthermore, the expanding regulatory framework, growing national debt, and other factors contribute to the escalation of political risks. The book offers a comprehensive and proven approach to identify and manage such risks. In addition to avoiding and mitigating risks, there is an opportunity to cultivate competitive advantages in navigating these challenges. Throughout the book, three fictional companies-a chemical corporation, an electricity producer, and a commodity trader-accompany the reader and demonstrate how the provided tools can be applied in practical scenarios.

Autorentext

Dr. Marc-Felix Otto is partner and chairman of The Advisory House AG, a renowned strategy and management consultancy serving the European energy industry. His expertise includes risk management for major energy trading organizations. He graduated as Master of Science in Physics at Georgia Institute of Technology and has a doctorate in Physics from the Max Planck Institute for Dynamics and Self Organization. Following his studies, he worked at McKinsey & Company.