Moving forward, it’s highly likely that the economic and business context will become increasingly complex in the coming years. Companies intent not just on surviving, but thriving, should be prepared to face ever more complex problems.
In the past, many supply chain issues were relatively easy to resolve. Now, as our globalized economy emerges from a devastating pandemic and war has once again come to Europe, we are seeing increasingly complex issues emerging. This is especially true with respect to soaring food and energy prices, which have been exacerbated by inflation.
In addition to having an effect on business, these world events are sure to change the tax situation for many companies, and they would be wise to prepare well for that. Businesses of all sizes should draw up best- and worst-case scenarios, and conduct thorough SWOT analyses to reassess and be ready to tackle new scenarios as they arise.
In a world where uncertainty is the new normal, Allianz Trade has worked with numerous clients around the world, helping them implement these strategies to reduce business risks. Our experts are always on hand to support companies big and small, providing safe solutions to the myriad challenges of an increasingly complex business environment.