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As the world order turns, leading companies are keeping pace. Here’s how

October 18, 2026
Borderless Leadership

As former US Secretary of State Condoleezza Rice observed at the 2026 Aspen Security Forum, “I’m very often asked, is what we’re seeing a revolution or an evolution? And I say that a revolution is what happens when you don’t see an evolution coming.”

For a generation, companies and governments have operated in a broadly predictable environment of open markets and deep global integration. That world delivered enormous growth, but it also left behind a series of imbalances, among them: a widening US–China trade gap, deep dependence on foreign suppliers for goods critical to national security, and intensifying competition for the same limited set of growth arenas. To correct some of these imbalances, governments are taking an increasingly active role in the global economy, primarily through rapid expansion of industrial policy, tariffs and trade barriers, sanctions and export controls, and other measures that can distort trade. READ MORE

Source: mckinsey.com

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