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Why Organizations Forget What They Learn from Failures

Harvard Business Review

After the 2005 explosion, the Chemical Safety and Hazard Investigation Board pushed BP to focus more on safety. We analyzed 146 pharmaceutical firms between 1997 and 2004 for a quantitative look at this pattern of learning and forgetting after safety-based errors.

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How Jamie Dimon Became a Risk Factor

Harvard Business Review

What''s missing, though, is something like this: CEO Risk: Much of JPMorgan Chase''s excellent performance relative to its peers in recent years can be attributed to its Chairman and CEO, who has proved to be a uniquely valuable combination of careful risk manager and hard-driving business leader. He won''t be around forever, though.

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Rethinking Your Supply Chain in an Era of Protectionism

Harvard Business Review

They include years of 15% to 20% annual increases in labor costs without compensating productivity growth in manufacturing titans such as China, cheap energy in North America unlocked by hydraulic fracturing, and the increasing complexity and cost of managing global supply chains. Its medium-term goal — if its first U.S.