Remove Contingency Plans Remove Finance Remove Politics Remove Risk Management
article thumbnail

The Olympics as a Story of Risk Management

Harvard Business Review

Simulations of security incidents were rehearsed, and contingency plans for mass evacuations or emergency situations were put in place. Risk management is now at the heart of the governance model for the Olympic Games and the Olympic movement, and not only because of their growing scale and complexity.

article thumbnail

Why Quants Should Manage Your Supply Chain Risk

Harvard Business Review

And, when political turmoil in Egypt, Libya and elsewhere in the Mideast erupted, many businesses could only watch and wait to learn what it would mean for their supply chains. Risk in supply chain is not a potential cost — it is an actual cost, very real and borne by every product and service company, whether they understand it or not.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What a Changing NAFTA Could Mean for Doing Business in Mexico

Harvard Business Review

While consumer spending has proven resilient, with same-store retail sales rising 6% YOY in April , most multinational corporations are developing contingency plans to mitigate risks to their businesses and reassessing the country’s role in their global market portfolio and supply chains. Renegotiating NAFTA.

article thumbnail

3 Emerging Market Risks Companies Should Watch for in 2018

Harvard Business Review

Top leaders tend to focus more on status updates than on contingency planning. They devote far more time to internal execution and competitive risks than to external risks that can change the playing field. This means that many emerging market risks get cut from the senior leadership agenda. miragec/Getty Images.