How to Assess True Macroeconomic Risk
Webinar Details
Over the past five years, executives and investors have had to digest a rapid succession of macroeconomic shocks, crises, and false alarms. Leaders have had to pay more attention to macroeconomic risks and actively manage these risks. However, unreliable forecasting, pervasive doomsaying, and whipsawing data severely hamper the task of decoding the macroeconomic landscape. How can leaders avoid these macro traps to make better tactical and strategic decisions? On July 16, in a live, interactive, HBR webinar, Philipp Carlsson-Szlezak and Paul Swartz of BCG will lead a discussion about how to assess true economic risks, and why economic forecasts are no substitute for judgment. This webinar will focus on: • The limits of various macroeconomic models • Three principles for navigating the rising number of economic risks: 1) Don't rely on one model; 2) Ignore doomsayers; and 3) Cultivate judgment through “economic eclecticism” that draws on multiple sources • The importance of rational optimism Perfect foresight is impossible, but executives are well-suited to develop the judgment necessary to anticipate and respond to macroeconomic risks. Join Carlsson-Szlezak, Swartz, and HBR on July 16 to learn more.