Corporate Diplomacy: Navigating Global Business Challenges
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Corporate Diplomacy: Navigating Global Business Challenges
In today's intricate business landscape, corporations are increasingly recognizing the significance of corporate diplomacy—a multifaceted strategy aimed at navigating the complexities of the global environment while aligning with stakeholder interests. This essay delves into the pivotal role of corporate diplomacy amidst evolving paradigms such as the COVID-19 pandemic, digitalization, and climate change.
Corporate diplomacy extends beyond traditional business strategies, encompassing a comprehensive 360-degree approach that acknowledges the interconnectedness of issues surrounding a company. It involves formulating foreign policies tailored to establish fruitful relationships with