Subject: Leadership in a Globalization-Challenged World
From: "Paul Laudicina" <[email-masked]>
To: "Hunter Biden" <[email-masked]>
Date: Mon, 29 Feb 2016 02:03:06 -0600

Dear Hunter,
  
As 2016 unfolds, it is increasingly clear we are at a global inflection point. The final destination is unclear and the direction we need to take is uncertain to most. The danger, of course, is that (in the words of Yogi Berra), “if you don't know where you're going, you'll end up someplace else!”
  
Last month, I had the opportunity to reflect on many of these new global prospects at my 19th annual World Economic Forum meeting in Davos. While there, I presented on what I believe is one of the greater threats the global community faces today: the end of globalization as we know it. In my first forbes.com column (http://www.forbes.com/sites/paullaudicina/2016/01/19/davos-2016-questions-about-globalizations-end-and-what-comes-next/#1539bb632615) of the year, I discuss this “globalization hiatus” and examine four possible scenarios for a new global economic “order,” which the Global Business Policy Council outlines in its recently-released report “Globalization to Islandization (https://www.atkearney.com/gbpc/thought-leadership/issue-deep-dives/detail/-/asset_publisher/qutCpQekuJU8/content/from-globalization-to-islandization/10192?inheritRedirect=false&redirect=https://www.atkearney.com/gbpc/thought-leadership/issue-deep-dives/detail?p_p_id=101_INSTANCE_qutCpQekuJU8&p_p_lifecycle=0&p_p_state=normal&p_p_mode=view&p_p_col_id=column-2&p_p_col_pos=1&p_p_col_count=2).” 
 
In another sign of this current critical juncture, early results from this year’s A.T. Kearney Foreign Direct Investment Confidence Index® suggests some dramatic consequences from possible changes in U.S. leadership. In my last forbes.com column (http://www.forbes.com/sites/paullaudicina/2016/02/11/why-a-trump-or-sanders-presidency-would-be-bad-for-the-us-economy/#7083aeee4df8), I discuss one of the most alarming findings: if either Trump or Sanders were elected President come November, FDI flows into the U.S. would likely slow, ironically thereby frustrating the very vigorous “growth” these presidential aspirants promise.  
 
As always, I welcome your thoughts and send you my best wishes.
 
Best,
  
Paul

Paul A. Laudicina
Chairman Emeritus, A.T. Kearney
and Chairman of Global Business Policy Council

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