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      "text": "Navigating Geopolitical Uncertainty",
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      "text": "RBI Quarterly: A New Phase of Globalization",
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      "text": "Companies need to reassess their value chains and sales markets. This not only affects companies with foreign subsidiaries but all companies that have (directly or through other suppliers) foreign suppliers in their value chain, export to markets abroad, or have other relationships with overseas markets (e.g. in R&D or sourcing labor)\nAdaptations of the value chain or sales markets require a reassessment and possibly an adjustment to the entire business model. If certain supplies cannot be sourced from another country and there is no viable substitute, it may be that a certain product will no longer be produced. In this case, the product-market approach must be adapted",
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      "text": "Companies should seek to diversify their business model to reduce their vulnerability to change. They should adopt a multi-sourcing approach, diversify their global production footprint, develop a varied product portfolio, and sell to different markets\nThe degree of diversification needs to be balanced. Sourcing large supplies from a limited number of suppliers drives down prices, and a focused product portfolio allows companies to achieve economies of scale and become more attractive to customers",
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      "text": "Impact: Rising protectionism is changing the environment in which companies operate, affecting both value chains and sales markets",
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      "text": "Corporate actions - Let's talk about challenges and opportunities arising from megatrends regarding economics & business (1/3)",
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