Publication
Business strategy and critical resources: to infinity and beyond?
September 2023
Sovereignty
Prospective
Publication
Business strategy and critical resources: to infinity and beyond?
Anticipating risks and taking action: a methodological approach
In recent years, human societies have been confronted with numerous supply shortages, for a variety of reasons, in resources such as electronic chips, semi-conductors, paper, wood, construction materials, aluminum, wheat and fertilizers. These supply shortages have led to economic difficulties and, in some cases, put the lives of exposed human groups at risk, as in the case of the global food crisis. They highlight the dependence of the economic world on certain resources that are essential to its functioning in its current form.
It is highly likely that these limitations on the economy due to the availability of resources are not just a cyclical phenomenon resulting from a superposition of temporary crises. The prolonged crossing of planetary limits[1] , the decline in stocks of raw materials, the fragmentation of globalization and the new dependencies linked to the low-carbon transformation of the economy are exposing economies to supply-side constraints. If this new situation is to be managed sensibly and smoothly, strategic planning is needed that incorporates a detailed understanding of resource dependency and physical flows in the broadest sense.
The aim of this publication is to suggest ways of limiting the vulnerability of economic players to pressure on critical resources, by incorporating this aspect into their strategic thinking.
This publication complements the previous publication on corporate strategy in a low-carbon world published in December 2021[2],and echoes the article published in April 2022[3].
View the webinar presenting the publication
Made by
With the contribution of
Jean-Marc Jancovici
partner
Alain Grandjean
partner
Clara Benedini
Manager
Stéphane Amant
Co-director of IF Initiative
Sami Labat Tahri
Former member of Carbone 4
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