Home |  Contact UsSitemap

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 0-9

Strategy, scenarios, and the global shift in defense power

Author: Jonathan Ablett, Andrew Erdmann
Organisation: McKinsey & Company
Publish Date: 2013
Country: Global
Sector: Community
Method: Scenarios
Theme: Futures
Type: Report
Language: English
Tags: Defense, Strategies, Economic power, Military operations, Military spending, Security relationships

To succeed, decision makers should look behind the headlines of the day to ask the right questions about what will affect their organization in the future. This requires considering the deeper underlying trends that will reshape the strategic landscape in the years ahead. Foremost among them is the shift in global economic power. Although often commented upon by economists and pundits, many strategists focused on defense issues have not fully internalized this historic shift and its implications. Here we offer a perspective on how strategists in defense organizations and aerospace and defense companies should approach this challenge. First, we describe how the profound shift in economic power since the end of the Cold War has already reshaped the world’s strategic landscape, including the distribution of global defense spending. The potential evolution of these economic dynamics is fundamental to strategy. Predicting their future is, of course, impossible. Instead, we offer something more modest and practical: a new approach to scenario planning that is rooted in a deep understanding of global economics. Such an understanding reveals the potential for unexpected scale and pace in the shift of defense spending from the United States and its treaty allies1 to emerging economies
Located in: Resources
Powered by Sigsiu.NET
Foresight For Development - Funding for this uniquely African foresight site was generously provided by Rockefeller Foundation. Email Us | Creative Commons Deed | Terms of Conditions