Courtney Rickert McCaffrey et al., "Geostrategy By Design: How to Manage Geopolitical Risk in The New Era of Globalization" (Disruption Books, 2024)

The world is not just changing—it's being fundamentally restructured. In 'Geostrategy by Design,' Wharton professor Witold Hennitz and co-authors argue that the era of seamless, U.S.-led globalization is over, replaced by a fragmented, multipolar world where political risk is no longer a peripheral concern but the central determinant of corporate survival. Drawing on real-world examples from Apple’s pivot to India, LG’s shift away from China, and TSMC’s struggle to decouple from Taiwan and China, the book reveals that companies can no longer afford to treat geopolitics as a crisis management afterthought. Instead, they must embed political risk into every strategic decision—sourcing, hiring, market entry, and capital allocation—through a five-step framework: scan, focus, manage, strategize, and govern. The authors warn that failing to adapt won’t just cost profits; it could lead to systemic collapse, as seen in the erosion of trust between the U.S. and its allies, the rise of nationalist populism, and the weaponization of supply chains. Yet there’s hope: by building resilience through optionality, inclusive governance, and long-term scenario planning, firms can navigate uncertainty without sacrificing growth—or ethics.