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Navigating the Complexities of Doing Business in Russia

Harvard Business Review

Interestingly, all these intrusions into business operations typically do not come from the Kremlin but from local officials who seem eager to gain the Kremlin’s favor amid instances of elevated international tensions. This environment is altering how multinational firms operate in the country and market their products.

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The Olympics as a Story of Risk Management

Harvard Business Review

In the run-up to the London 2012 Olympics, for example, the global financial crisis caused private developers for the Olympic Village project to withdraw, requiring a refinancing package backed by government. Ensuring readiness for Games-time (in Olympic-speak) now involves strategic pre-emption through stress-testing and scenario planning.

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Mindfulness Can Improve Strategy, Too

Harvard Business Review

Steve Jobs, a regular meditator, made use of mindfulness practice to challenge operating assumptions at Apple and to enhance creative insight in planning. But it’s also possible to build mindfulness directly into planning exercises. It can’t hurt.

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ExxonMobil’s Shareholder Vote Is a Tipping Point for Climate Issues

Harvard Business Review

of the votes were in favor, providing a strong signal that climate change is an important financial risk and that shareholders want to know more about what companies are doing to transform their operations and products to remain competitive in a low-carbon world. Boards are not the only ones under pressure.

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What a Changing NAFTA Could Mean for Doing Business in Mexico

Harvard Business Review

Multinational companies operating in Mexico are facing a great deal of uncertainty. If he wins with only a narrow victory, as seems likely, his administration would have a limited mandate for populist reforms that would severely damage foreign investment flows and public finances. Renegotiating NAFTA.