New Delhi, May 26 -- Companies should focus on five key steps, identifying priority trade corridors, strategic capital deployment, strengthening operational resilience, improving geopolitical preparedness and managing earnings exposure, to navigate rising geopolitical uncertainty and changing global trade patterns, according to a report by McKinsey & Company.

The report said multinational corporations are now operating in a global environment shaped by trade realignments, export controls, industrial policy shifts and geopolitical tensions.

It stated "it's clear that multinational corporations (MNCs) have entered a new era. Growing regional realignments and shifting trade dynamics are forcing CEOs across industries to rethink their globa...