Team size: three

How do you approach managing legal aspects during periods of instability or crises, and how does your legal strategy align with the broader business strategy to ensure the organisation’s resilience?    

Companies that navigate effectively in this scenario adopt various strategic approaches. I believe that resilience and emotional well-being during a crisis should be paired with transparent communication to senior management and guidance for other divisions. It is crucial to stay updated on new regulations and compliance requirements to identify and mitigate legal and commercial risks, allowing for adjustments to internal policies and procedures. Interdepartmental collaboration is also essential to align the legal strategy with business objectives. This approach requires a combination of proactive monitoring and adaptability to operate effectively in challenging environments. 

In your opinion, what are the main trends that are salient in your country currently (these can be legal, political, economy or business-based)?  

In Bolivia, some of the key political trends include electoral processes, the census, political stability, the ongoing pursuit of decentralization, and the strengthening of autonomies. Additionally, debates over the management of natural resources, such as gas and lithium, have historically been politically sensitive. These factors currently influence interactions among various political, social, and economic actors, reflecting the country’s political landscape to the rest of the world.