Harvard Business Review

AUGUST 10, 2018

Companies are cutting supply chain complexity and accelerating responsiveness using the tools of artificial intelligence. Through AI, machine learning, robotics, and advanced analytics, firms are augmenting knowledge-intensive areas such as supply chain planning, customer order management, and inventory tracking.

Supply Chain 8

Supply Chain Technology System Engineering 8

Harvard Business Review

MAY 2, 2022

A study of 12,000 supplier sites in the U.S., mainland China, and Taiwan found that only 11% were fully prepared for climate-related disruptions.

Supply Chain 17

Supply Chain Risk Management Operations Article 17

Harvard Business Review

NOVEMBER 1, 2022

The ROI can be hard to calculate — but that doesn’t mean it’s not substantial.

Supply Chain 17

Supply Chain ROI Risk Management Operations 17

Harvard Business Review

NOVEMBER 9, 2012

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. This is a concept fundamental to finance but that, for some reason, has not migrated into supply chain risk management.

Supply Chain 8

Supply Chain Chief Procurement Officer Risk Management Management 8

Strategy Driven

DECEMBER 18, 2020

However, restaurants and some other small businesses have found they’d rather start relying on local supply chains than on global ones. If you run an essential business or must keep operating as normal for some reason, practice good social distancing skills.

Supply Chain 79

Supply Chain Retail Pharmaceuticals Technology 79

Strategy Driven

MARCH 3, 2020

Most small business entities are struggling with current tech trends like data analytic, AI, and cloud computing; though it is impossible to know the challenges ahead, risk management cushions your business against any negative impact from the changes. The giant company that was in operation for 130 years came tumbling down in 2012.

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

Posted on October 13th, 2010 by admin in Operations & Strategy By Mike Myatt , Chief Strategy Officer, N2growth How dumb is your business? At the risk of drawing the ire of corporate elitists, I submit to you that the dumber your business is, the better off you are.

Business Model 344

Business Model Brand Blog Supply Chain 344

Harvard Business Review

AUGUST 13, 2012

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. Other mega-events have sometimes taken their toll in business disruption, by interrupting supply chains, altering consumption, or giving rise to workforce absenteeism.

Risk Management 15

Risk Management Management Committee Insurance 15

N2Growth Blog

DECEMBER 16, 2023

Understanding the Concept of Governance Excellence Governance excellence refers to the strategic oversight conducted by a company’s board of directors that ensures ethical, sustainable, and profitable organizational operations. The primary step involves an objective assessment to determine operational efficiency and effectiveness.

Compliance 235

Compliance Efficiency Ethics Metrics 235

Harvard Business Review

OCTOBER 25, 2011

Firefighting operations continued for two days. PG&E could still have conducted intelligent risk management in the interest of its own shareholders. • This plays out daily in product failures, supply chain disruptions, frauds, missed sales forecasts and more. Buck-Passing Risk" can be measured in two ways.

Risk Management 11

Risk Management Management Supply Chain Metrics 11

Harvard Business Review

JULY 18, 2013

After tsunamis, protests, wildfires, and riots — to name just a few recent major disruptions — few managers can be unaware of companies'' vulnerability to the vagaries of politics and extreme weather. It''s likely that the push to protect profits during the recession made matters even more difficult for supply chain operators.

Supply Chain 8

Supply Chain Company Risk Management Survey 8

Harvard Business Review

APRIL 21, 2023

Leaders of companies with operations in Russia share how they’ve navigated new and unexpected challenges during the war in Ukraine.

Scenario Planning 19

Scenario Planning Planning Operations Company 19

Harvard Business Review

JUNE 16, 2015

The issues in each of these buckets require new leadership, or at least a rethinking of it in the highest ranks of companies, and deep operational changes. We’re starting to recognize that this relatively new situation has important ramifications for how businesses operate, and we’re making some progress. Insight Center.

Constraint 8

Constraint Supply Chain Resources Operations 8

Harvard Business Review

MAY 9, 2014

General Mills’ CEO recently blamed the winter for less-than-expected earnings , saying that “severe winter weather…disrupted plant operations and logistics…We lost 62 days of production…which hasn’t happened in decades. It might have actually generated increased revenue as well, if it meant operating while competitors couldn’t.

Supply Chain 8

Supply Chain Strategy Risk Management Christensen 8

Harvard Business Review

APRIL 24, 2014

Yet companies apply the same supply chain labor policies in both countries. It’s imperative that brands operating in Bangladesh join collaborations like these. Are they adding value to the company’s reputation and helping mitigate risk? Global business Risk management Supply chain'

Supply Chain 8

Supply Chain Apparel Bottom-up Globalization 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. having sacrificed customer intimacy for increased operational excellence gains through widespread cost cutting, are well documented.

Organization 8

Organization Supply Chain Customer Intimacy Stress 8

Harvard Business Review

APRIL 19, 2016

It could upend supply chains, business models, customer relationships, and even entrepreneurship itself. Each of the potential business benefits of 3D printing carries tax implications that could alter the equation for any anticipated operating efficiency or return on investment. Are there operations you would shed?

Supply Chain 8

Supply Chain Execution Analysis Technology 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? They are less subject to short-term operational pressures, and accordingly less risk-averse.

Ethics 14

Ethics Short-term Long-term Supply Chain 14

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. Others were unable to borrow to replace lost assets and address other operating needs, compromising their earnings potential. In the U.S.,

Insurance 8

Insurance Risk Management Finance Supply Chain 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

MARCH 5, 2012

For their most sensitive projects, they are providing specialized information security training and sometimes investing in technologies such as digital rights management so only authorized personnel can see a product plan, no matter where it's forwarded.

Supply Chain 12

Supply Chain Risk Management Hedge Banking 12

Harvard Business Review

OCTOBER 21, 2016

Sustainable businesses are redefining the corporate ecosystem by designing models that create value for all stakeholders, including employees, shareholders, supply chains, civil society, and the planet. This can disrupt a firm’s ability to operate on schedule and budget. ” Improving risk management.

Supply Chain 8

Supply Chain Price Loyalty Efficiency 8

Harvard Business Review

JUNE 1, 2017

This turmoil led to huge operational shifts in the financial services sector, where there’s more focus than ever on consumer education, industry information sharing, and stronger forms of authentication, among other things. Protect supply chains. In the risk management world, that is known as taking a holistic approach.

Health Care 8

Health Care Supply Chain Insurance Risk Management 8

Harvard Business Review

DECEMBER 28, 2023

The year 2023 contained several important sustainability narratives and trends. The author outlines three key ones — the anti-ESG movement, China’s acceleration of a clean economy, and the rise of reporting regulations — and then suggests a series countervailing forces pushing against each.

Trends 23

Trends Report Supply Chain Risk Management 23

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

In a globalized economy, these challenges arise from pervasive, at times catastrophic, issues in international business: cronyism, antitrust, and labor issues, as well as trade, the environment, taxes, and supply chains. This is the essence of corporate citizenship.

CEO 8

CEO Ethics Chief Financial Officer Supply Chain 8

Harvard Business Review

MARCH 20, 2014

Thanks to their cost, the very strong interest in running them efficiently, and the enormous safety implications of their maintenance, it has been easy to justify the added costs of building in sensors that transmit information about the engine’s operating conditions to the ground in real time. Innovation Internet Risk management'

Airlines 8

Airlines Supply Chain Management Engineering 8

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 10

Risk Management Supply Chain Crisis Report 10

Harvard Business Review

MARCH 4, 2013

In this era of complex supply chains and the hiring of expert sub-contractors, taking such responsibility is crucial for preventing events with the potential to adversely affect the corporation and its reputation. In this section (at p.181),

CEO 8

CEO Outsourcing Supply Chain Reputation 8

Harvard Business Review

JUNE 29, 2016

The key questions are about the impact on your firm’s business model, operating model, EU institutional arrangements and financial structures, and performance. Design contingency plans and reflect any insights in your strategies for growth, geographical footprint, global supply chain, and risk management.

Uncertainty 9

Uncertainty Short-term Supply Chain Long-term 9

Harvard Business Review

DECEMBER 4, 2013

Comparable challenges exist for supply chain management and external partnerships: their collective intelligence may be ripe for algorithmic harvesting, but how well will it link to the rest of the enterprise? Network effects, not unlike risk management, transcend traditional enterprise functions and silos.

Management 8

Management Supply Chain CIO Core Competence 8

Harvard Business Review

JULY 10, 2018

There is a crying need for companies to enlist their supply chain management departments in the fight against cyberattackers. Tim Robberts/Getty Images. According to our research , over 60% of reported attacks on publicly traded U.S.

Supply Chain 8

Supply Chain Management Metrics Hotels 8

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. In reality, “handoffs” and transitions prove to be significant operational problems. Yes, that’s exactly what it meant.

Outsourcing 8

Outsourcing Software CAPEX Competitive Advantage 8

Harvard Business Review

JANUARY 12, 2018

Companies are both operators and investors. Companies in every industry can benefit from making more data and algorithm-based decisions in areas of internal operations and finance. These robo-advisors may be used to automate certain aspects of risk management and provide decisions that are ethical and compliant with regulation.

Consultative 8

Consultative Strategy Advice McKinsey 8

Harvard Business Review

JUNE 15, 2016

As globalization has created longer and increasingly complex food supply chains, there has been a concomitant surge in demand for locally-sourced food. But after the chain was linked to outbreaks of E. But after the chain was linked to outbreaks of E. Operations in a Connected World. How can this be?

Supply Chain 8

Supply Chain Price Globalization Outsourcing 8

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