Business and politics are inseparable. The relationship is as complex as it is dynamic. And it is becoming ever more relevant to sustainable business success. Our current model of financialized capitalism is transmogrifying into the new age of political capitalism. This is not a superficial development that will pass. It is rooted in the belief that our system of political economy is now failing too many. That the 21st century business model must tackle many of the political issues now facing our societies – from climate change to inequality; from new geostrategic challenges to globalization to the renewed quest for identity related to brands; from gender bias to the ethics of Artificial Intelligence; and very many others. The inter-relationship between business and politics is in the eye of that storm. The world is changing – fast. The shape and nature of that change will have the characteristics of politics not business. Volatile, emotional, complex, multi-directional and multi-dimensional, full of the unexpected, not comfortably linear. Success will come to those business leaders who develop a deep understanding of how politics works, how it drives as well as follows contemporary culture, and how to embed these understandings into the core of their business models.
Dr Joe Zammit-Lucia has had extensive experience both in the business and the political worlds. He is a founder of RADIX– a not-for-profit public policy think tank based in London, and the RADIX Centre for Business, Politics & Society based in Amsterdam. He is a regular commentator on business and politics in the media. His new book "The New Political Capitalism" is published by Bloomsbury Business in February 2022.
Following an executive career within multinational industry he founded his own strategic advisory firm with offices in Cambridge (UK), New York and Tokyo, achieving sector leadership in its areas of expertise. On divesting his firm, he continued to act as a leadership advisor to senior business leaders. He also acted as a Special Advisor to the Director General at the International Union for Conservation of Nature (IUCN) and was a member of the Dean's Advisory Board at the College of Arts, Sciences and Education, Florida International University. He is currently on the Advisory Board of the Singapore Forum for long-term investors and business leaders.
Wednesday, 23 February 2022
16:00 - 16:45 GMT
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