Dishonorable Food Eddy Wax in Politico points out that Western agribusiness companies continue to operate in Russia despite the war on Ukraine. Ukrainian President Volodymyr Zelenskyy characterizes the agribusiness companies continuing to supply Russia as “flooded with our blood.” Basically, Ukrainian farmers lose, Russian farmers win. The companies rationalize that they are on a “humanitarian mission” to prevent hunger even though Russia herself operates without such humanitarian concerns. There could be longer-term reputational harm to agribusinesses still operating in Russia, especially in recruitment. Former trader turned author Jonathan Kingsman interviewed companies and quotes one saying, “Young people t...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.