While the post-war global order has largely survived to this day, new powers are emerging and demanding international institutions adapt to accommodate their rising power. The changing dynamics in the geopolitical landscape is leading to a new "great game" of competition between major powers that is rife with risk of confrontation and deadly miscalculation, but also provides opportunity for countries and private actors nimble enough to adapt. This discussion will explore the implications of these changes for global governance and how countries and actors can manage global competition.