The war in Ukraine has already catalysed enormous disruption for businesses around the globe. Its economic impact has reverberated through energy, commodity and financial markets, as well as trade and supply chains already disrupted by the COVID-19 pandemic.
While the geopolitical and humanitarian crisis dominates the headlines, a broad range of forces already at play are likely to shape business implications not only in 2022, but potentially for years to come. Understanding the possible near-term future scenarios and their implications will be critical to help business leaders make informed decisions and navigate the evolving environment ahead.
Deloitte invites executives to further explore these scenarios and prepare for a world that no one can predict. Download Reshaped by War: Examining business implications of the conflict in Ukraine to get started.
Among the highlights:
Four futures of the war in Ukraine
Deloitte has identified four scenarios—stories about the future designed to spark insight and spot opportunity and risk—that describe different ways the war in Ukraine could evolve over the course of 2022 and how businesses will be impacted:
Selected implications for business
In close collaboration with an international team of subject matter specialists, Deloitte has examined business implications of each scenario across various domains, including supply chain, cybersecurity, energy, the macroeconomy, talent, and food.
While each scenario brings unique implications for businesses and governments, certain trends are likely to persist across all scenarios:
While the course of the war itself is uncertain, the importance of taking action quickly is not. By stress-testing organizational strategies against different possible futures and the conditions they create, leaders can build resilience and gain greater clarity about key challenges and opportunities that might lie ahead.