WHAT would happen to your business if China invaded Taiwan? How would your clients react if America adopted an isolationist foreign policy? Where would your growth come from if globalisation were reversed? It might sound so far-fetched as to be irrelevant, but Clifford Chance, the global law firm, has commissioned one of its biggest strategic reviews to find out the answers so that it is prepared if any of the scenarios come about.
Peter Cornell, chief executive, said: “We’ve always done regular reviews in different offices or areas of the firm, but this time we want the big picture. We want to understand our risks and opportunities over the next 10 years, from 30,000ft.”