Gearing up for change and the challenge of ‘radical uncertainty’

THE last 12 months have been full of changes. Existing trends are accelerating and others are emerging more clearly. Here are the most significant.

Acceleration in geopolitics

The “radical uncertainty” mentioned in 2022 by the European Union’s chief diplomat, Josep Borrell, has become the norm. Geopolitical divisions have widened and a new armed conflict has broken out in the Middle East.

Governments’ involvement in economic decisions has increased significantly, often in a new guise.