Harvard Business Review

NOVEMBER 9, 2012

When Thai flooding created significant shortages in the hard disc drive market, manufacturers lost millions of dollars. 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.

Supply Chain 9

Supply Chain Chief Procurement Officer Risk Management Management 9

Strategy Driven

MARCH 3, 2020

There is a constant emergence of many tools to facilitate functions like accounting, branding, marketing, etc. The other side offers raging competition as the internet opens up the market to international players through innovation and technology that is hard to keep up with. Keep Tabs on the Tech Trends.

Supply Chain 66

Supply Chain Directory Trends Entrepreneur 66

Harvard Business Review

NOVEMBER 14, 2012

The disruptions to everything from gasoline supplies to the deliveries of merchandise for the holiday shopping season caused by Hurricane Sandy have demonstrated that our ability to forecast weather events has outpaced our ability to forecast supply-chain disasters. The governments of other countries should do the same.

Supply Chain 8

Supply Chain Chief Procurement Officer Transportation Merchandising 8

N2Growth Blog

MAY 16, 2010

If your company’s long-term business plan requires the acquisition, or retention of the uber employee then your business not only has a risk management issue, but it is likely not scalable. The dumb factor not only applies to talent, capital, and technology, but it also extends throughout the entire value chain.

Business Model 344

Business Model Brand Blog Supply Chain 344

N2Growth Blog

DECEMBER 16, 2023

The keystone of effective governance lies within the trapeze act of balancing stakeholder interests, harmonizing corporate objectives, maintaining legal and ethical standards, and ensuring a robust risk management system. These factors form a formidable foundation for effective organizational governance when paired together.

Compliance 235

Compliance Efficiency Ethics Metrics 235

Harvard Business Review

APRIL 19, 2016

It could upend supply chains, business models, customer relationships, and even entrepreneurship itself. This will not only challenge tax departments’ current calculations, but will also put increasing pressure on legal departments wrestling with IP asset and risk management.

Supply Chain 8

Supply Chain Execution Analysis Technology 8

Harvard Business Review

FEBRUARY 13, 2013

Small and medium-sized enterprises — SMEs — have long been recognized for their vital role in creating jobs and supporting supply chains in national economies. There is growing evidence of global SMEs that do more than supply inputs for the global supply chain. Of these 90% employ less than 10 people.

Supply Chain 8

Supply Chain Globalization Technology Trends 8

Harvard Business Review

JUNE 24, 2013

retailer, spent the last three decades improving its supply chain processes, and designing and launching a series of services, including smaller local convenience stores and online shopping. and in its home market in the U.K. Operations Risk management Strategy' It''s a great success story, but there''s a catch.

Organization 8

Organization Supply Chain Customer Intimacy Stress 8

Harvard Business Review

MAY 24, 2012

Every large financial services company has instituted risk management, but that hasn't prevented risky behavior in the form of office politics and personality conflict — as the JP Morgan trading debacle has demonstrated. Risk management isn't exclusive to banking. MORE ON MANAGING RISKY BEHAVIORS.

Merchandising 11

Merchandising Risk Management Supply Chain Retail 11

Harvard Business Review

JUNE 16, 2015

But a high-performing organization should do much more than that: Supply chain and operational execs should be ready to shift production and logistics very quickly from one region to another. The rapid increase in data about real-time conditions in supply chains will enable more agility.

Constraint 8

Constraint Supply Chain Resources Operations 8

Harvard Business Review

OCTOBER 21, 2016

Today’s executives are dealing with a complex and unprecedented brew of social, environmental, market, and technological trends. These require sophisticated, sustainability-based management. ” Improving risk management. billion in mining projects since 2010. Fostering innovation.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

AUGUST 4, 2014

We find the debate interesting because it offers a great example of reputation risk – and more specifically, of why such risk has to be assessed both quantitatively and qualitatively. Over the decades, risk management has become a deeply quantitative endeavor. Public relations Risk management Transparency'

Reputation 9

Reputation Risk Management Supply Chain Crisis 9

Harvard Business Review

DECEMBER 20, 2016

The contemporary CEO must not only be expert at addressing the commercial verities of products, markets, and competitors. These include legislation, regulation, investigation, enforcement, litigation, ethics, reputation, crisis management, corporate citizenship, and pressures from public officials, NGOs, and the media.

CEO 8

CEO Ethics Chief Financial Officer Supply Chain 8

Harvard Business Review

NOVEMBER 23, 2016

These threats change the risk management calculus of firms hoping to succeed in a more turbulent world. Start-ups are particularly at risk today because of both their size and age. Make risk a strategic priority. Challenge risk financing conventions. Small businesses and young businesses are especially vulnerable.

Insurance 8

Insurance Risk Management Finance Supply Chain 8

Harvard Business Review

MARCH 20, 2014

I recently saw a vending machine prototype enabled by IoT technology, mainly with customized marketing in mind. Innovation Internet Risk management' That’s not only cheaper, but can also avoid a catastrophic in-flight failure. Here’s a simpler example to illustrate what I am saying. One data stream, many uses.

Airlines 8

Airlines Supply Chain Management Engineering 8

Harvard Business Review

SEPTEMBER 19, 2017

” Many managers can easily recite the business case for ethics: Who doesn’t want better risk management, deeper employee engagement, reduced regulatory costs, public trust, and a lure to purpose-driven Millennials? The dominance of the win-win orthodoxy is a sign of progress.

Ethics 14

Ethics Short-term Long-term Supply Chain 14

Harvard Business Review

JUNE 29, 2016

This can be done in four steps: Attach a “value” to each source of uncertainty — strong vs. light currency depreciation, high vs. low future EU market access — along with your perception of likelihood (plausible, likely, unlikely) to build an “ uncertainty map.” For example, a U.S. Run scenarios.

Uncertainty 9

Uncertainty Short-term Supply Chain Long-term 9

Harvard Business Review

AUGUST 3, 2012

But for businesses, knowing when to expend time and effort preventing — and planning responses to — low probability, high consequence events is now, more than ever, one of the hardest and most important risk management problems to address. See my prior thoughts on the range of issues here and here.)

Risk Management 11

Risk Management Supply Chain Crisis Report 11

Harvard Business Review

DECEMBER 4, 2013

But managing network effects as technology byproducts is a bit like treating cars as extensions of internal combustion engines; technically accurate, yes, but missing the larger purposes and points. Similarly, marketing loves the virality that social media and network effects facilitate.

Management 8

Management Supply Chain CIO Core Competence 8

Harvard Business Review

JANUARY 12, 2018

Robo-advisors, which were introduced in 2008 , are steadily eating up market share from their human counterparts much the way that Amazon and Netflix have taken share from Walmart and Regal Cinemas. A study by Deloitte estimated that “assets under automated management” (including hybrid offerings) in the U.S. ZB by 2020.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

MARCH 23, 2011

For a number of reasons, the size, complexity scale and symmetry of risk are vastly different in 2011 than 1991. As a result, the risk-reward ratios that we take for granted, such tight global supply chains, may no longer make sense.

Uncertainty 14

Uncertainty Supply Chain Scenario Planning Sharpe 14

Harvard Business Review

JANUARY 27, 2017

His group’s data science, procurement, and supply chain teams crafted algorithmic ensembles that, by all measures and simulations, would save hundreds of millions. Even better, they would respond 10 times faster to market moves than existing processes while requiring minimal human intervention.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

DECEMBER 16, 2016

The head of Supply Chain was given a $3.5 Some of that funding came from the 25% budget cut in marketing in the same division. The intensity of resentment in the salesforce at having to drive revenues with smaller territories was compounded by having fewer marketing dollars to sell more product.

Ethics 8

Ethics Compliance Policies Supply Chain 8

Harvard Business Review

JUNE 5, 2013

Our financial, military, healthcare, utilities, communications, commerce, supply chain, and just about every other essential life and business infrastructure system now depends on it. A major national effort to educate the public and market a new "culture of security" for Internet behavior. But the Internet has now grown up.

Supply Chain 8

Supply Chain Engineering Information Technology System 8

Harvard Business Review

FEBRUARY 7, 2013

Continuing the trend toward more and costlier climate-related disasters will have the inevitable result that it always has: insurance companies will either raise premiums or exit particularly risky markets, as has happened before with flood insurance in places that are increasingly susceptible to storm surges.

Insurance 9

Insurance Supply Chain Benchmarking Trends 9

Harvard Business Review

MAY 16, 2017

Investors who have flooded the cybersecurity market in search for the next software “unicorn” have yet to realize that when it comes to a risk as complex as this one, there is no panacea — certainly not one that depends on technology alone.

Training 11

Training Supply Chain Agility Risk Management 11

Harvard Business Review

FEBRUARY 5, 2018

It’s no secret that organizations have been increasingly turning to advanced analytics and artificial intelligence (AI) to improve decision making across business processes—from research and design to supply chain and risk management. Additionally, knowledge of common use cases (e.g.,

Supply Chain 8

Supply Chain McKinsey Engineering Agility 8

Strategy Driven

DECEMBER 25, 2019

Jokes apart, it is a fact that more than 50% of companies are using – or planning to use – the blockchain technology, which gives a boost to the relatively nascent market. Supply Chain Management. Blockchain Technology Defined. Most people in business abhor paperwork. When the matter is urgent, paperwork becomes a burden.

Technology 13

Technology Supply Chain Document Participative 13

Harvard Business Review

NOVEMBER 10, 2017

A study of 19 publicly traded junior gold-mining companies found that one-third of their market capitalization is a function of their stakeholder relations. Another recent study shows that formal agreements with Canadian indigenous communities can, under certain conditions, more than double the market value of a junior mining firm.

Company 9

Company Supply Chain Real Estate Stakeholder Analysis 9

Strategy Driven

SEPTEMBER 26, 2019

A few OEM’s in-market today have been working towards Level 3 & 4 automation, meaning the car can take over most driving functions , but the driver must still be able to intervene at any time. To fulfill that dream, however, automotive manufacturers must make major changes to their automotive architectures and supply chains.

Engineering 10

Engineering Automotive Supply Chain Software 10

Harvard Business Review

DECEMBER 7, 2012

Before companies could fully recover, massive flooding in Thailand caused further disruptions in Asian supply chains. Total losses from those two disasters were very likely greater than the savings companies had won, over the preceding years, by squeezing out costs and making their supply chains so efficient.

Efficiency 8

Efficiency Supply Chain Christensen Crisis 8

Harvard Business Review

MARCH 5, 2012

I am now convinced, though, that the entrepreneurial driver behind talent churn in African labor markets actually yields significant net benefits for African economies. This appeared to point to a serious deficit in quality followership in Africa, one that meant a dearth of vital managerial talent.

Entrepreneur 16

Entrepreneur Banking Supply Chain Globalization 16

Harvard Business Review

APRIL 10, 2014

But we also identified notable differences: namely a greater percentage of FOB than non-FOB directors viewed innovation as their top challenge, and FOB directors were also more concerned than their non-FOB counterparts about the rising cost of materials and commodities, levels of debt and supply chain risk.

FOB 8

FOB Diversity Talent Management How To 8

Harvard Business Review

JUNE 20, 2017

The possibility of a contentious renegotiation of the North American Free Trade Agreement (NAFTA) has led to delayed or canceled investments in what has been one of Latin America’s most economically stable markets. Renegotiating NAFTA. So, if a company manufactures products in Mexico to export to Canada and the U.S.

Supply Chain 9

Supply Chain Depreciation Uncertainty Marketing 9

Harvard Business Review

MAY 26, 2017

Their operations involve partnerships, specializations, and supply chains. What could they most readily monetize on the black market? Integrate email security into your organization’s risk management program. But if you think of cybercriminals as a business, you can keep up with them more effectively.

Supply Chain 9

Supply Chain System CFO Operations 9

Harvard Business Review

FEBRUARY 8, 2018

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. real GDP growth rate for the region, but there is more business risk than many expect.

Market Risk 9

Market Risk Marketing Supply Chain Company 9

Harvard Business Review

APRIL 19, 2017

Rather than being undercut by new, lower-cost competitors in rapidly developing economies, such as China and India, companies have globalized their supply chains or offshored their production. But these trends, and the business responses to them, carry secondary, nonmarket risks — which may turn out to be even greater.

Politics 11

Politics Supply Chain Offshoring Globalization 11