We are living through a period of nearly unprecedented upheaval. Measures of global uncertainty have been rising steadily, according to McKinsey research, and are now nearly double where they stood in the mid-1990s.1 From the pandemic-induced digital acceleration to the ongoing AI revolution, businesses have been caught in a whirlwind of change, which has been exacerbated by new geopolitical tensions and an increasingly uncertain regulatory landscape. This combination of shocks has created one of the most difficult environments leaders have faced—and one that likely won’t change anytime soon.
