Companies worldwide face an environment of change – ranging from new trade dynamics to evolving business models on the back of digitisation. Ron Chakravarti, Global Head of the Treasury Advisory Group, Citi, explains how corporate treasurers can stay ahead of the curve by reviewing treasury structures, technology and talent.
A century ago, the world was on the brink of dramatic social and political change. The 1920s also ushered in a period of significant innovation in technology and science, with machines replacing unskilled workers on production lines.
One hundred years on, similar trends are reshaping today’s global economy. International supply chains are being reconfigured in response to a surge in protectionism and trade interventions. And digital disruption is transforming industry ecosystems, as well as business models.