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As the war in Ukraine
continues, The Conference Board is providing insights on what the latest
developments mean for business and society. See below for our latest
analysis and commentary:
Cutting Ties with Russia: A
Guide to Decision-Making Now and in the Future
An unprecedented wave of companies
is cutting ties with Russia—shutting down operations, divesting, exiting
partnerships, and suspending sales and purchases. In this essay, the ESG
Center’s Executive Director Paul Washington and Researcher Merel Spierings
offer guidance on how to make “exit” decisions now and to prepare for
similar crises in the future. In deciding whether and how to withdraw from
Russia, US companies can use the same framework they apply in dealing with
domestic political issues, but should place extra emphasis on the business
impact, regulatory implications, and preparing for potential retaliation.
In looking to the future, companies should ensure their risk management,
strategic planning, and capital allocation processes take into account
global risks relating to weaknesses in the rule of law and human rights.
Read »
Inflation in Europe: Brace
for Longer-Lasting, Higher Prices
To what extent will the war in
Ukraine increase inflation in Europe? When will oil and gas prices peak,
and how high could prices go? In this podcast, ESF Center economists Ilaria
Maselli, Klaas de Vries, and Hiba Itani unpack the economic implications of
the war in Ukraine for the state and trajectory of Europe’s economy.
Listen »
Leading Through the War in
Ukraine: Actions for Companies in Asia
Just as Asia seemed to be getting back on its
feet after being ravaged by COVID-19, the world has plunged into yet
another global crisis. Sandhya Karpe, Human Capital Center Leader for Asia,
lists four urgent actions that companies across the region must focus on:
1) Create a regional, core cross-functional “Ukraine” task force; 2)
Communicate the gravity of the crisis to local employees; 3) Be aware of
local/cultural sensitivities and their implications when articulating your
company’s position on the crisis; 4) Connect with directly affected
employees and provide support.
Read »
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