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From war to nuclear warheads, geopolitical risk hits boardrooms

Ukraine reminds companies that strategies cannot be based on peaceful outlook

People arrive at a temporary accommodation center after fleeing Russian invasion of Ukraine, in Korczowa, Poland on March 3.   © Reuters

TOKYO -- When corporate chiefs sit down to formulate strategies for the coming years, they will now have to factor in words such as "war" and "nuclear-weapons use."

The peace that companies took for granted in the post-Cold War world is no more. Companies have to navigate a world filled with geopolitical risk. Russia's invasion into Ukraine has only brought that trend to the fore.

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