The COVID pandemic and Ukraine conflict has made CEOs more resilient and able to deal with the economic uncertainties surrounding the agenda of new U.S. President Donald Trump. That’s the view of Lisa Donahue, co-head of the Americas & Asia at AlixPartners, speaking to CGTN at Davos.
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00:00We do a disruption index every year to measure the amount of concern and trepidation of CEOs,
00:07global CEOs. And I think that given dealing with COVID and dealing with uncertainty,
00:14supply chain disruptions, war in Ukraine, all of those challenges globally have made CEO and
00:22leaders a bit more resilient, a bit more prepared for whatever comes their way. And it's refreshing.
00:29Now, 60% tariffs will be tough for anyone to deal with. But I like to think that as the market,
00:36we're going to be looking at deals being made versus, you know, decisions that will have
00:43long standing ramifications that no one really wants.
00:46So Trump has said that it's going to be tariffs all the way, you know, other parts of the world
00:51could say, okay, let's work with that and just absorb the extra costs, or they could bring in
00:55their own duties regime. What's your take on the world becoming more protectionist?
01:01Well, we're such a globally integrated economy, the supply chains, I just mentioned disruption
01:07from the supply chains happened because the war in Ukraine and the impacts were far standing
01:13around the world. So I think protectionism, in my opinion, is a bad idea. I think that
01:20trying to find common ground, and the right approach to what makes sense from a pricing
01:25perspective, from a protection of IP perspective, a protection of one shores perspective,
01:31is is inevitable. But I'd like to think that we are going to be able to come up with something
01:36a bit more collaborative. Look, it's the it's the spirit of what we're working on right now
01:41here in Davos is is collaboration.
01:44You haven't mentioned intelligence, you haven't mentioned artificial intelligence,
01:47you haven't mentioned sustainability, those are top of the agenda, right?
01:52Top of the agenda. And what's driving if you think about the leaps and bounds in AI,
01:58and what that means from the insatiable need for data also means insatiable need for electricity
02:03and power, which goes right toward what are sustainable solutions? How do we get to the
02:09energy transition that we all want, while still dealing with the exponential increase in demand
02:14that we're seeing?
02:16We will hear keynote speakers from world leaders and heads of institution, among them
02:20China's Vice President Jingshui Zhang. That's going to be interesting. But who else are you
02:25most interested in hearing from?
02:28Well, I always like hearing from the tech guys, because it right now, we're such a tech driven
02:34business economy. So I'm interested in hearing from the AI guys, the folks from Palantir,
02:42because they deal with big data in massive amounts and make it understandable.