Resilience – the capacity to recover quickly from difficulties; toughness.
ByHBR.org
Summary. When shortages of PPE and other medical supplies hit in the early months of the pandemic, tens of thousands of domestic producers — from individual to large companies in other industries — sprang into action and made a huge difference. They should not be forgotten after the pandemic is over. Health care organizations should factor them…
When redesigning a supply-chain organization, it’s intuitive to look to successful companies’ design choices. But our research finds that other factors correlate better to bottom-line performance. How do decisions about the design of supply-chain organizations affect the overall performance of a business? We recently analyzed the supply-chain organizations of more than 50 companies in a…
In this episode of Supercharged Supply Chain, Ron and Joseph will discuss the notion of “resiliency”. How to build a robust enough supply chain so that any shocks can be recognized before they become a critical threat and, if the threats become a reality, how can a company best prepare to cope and avoid possible…
Today I invite to State of Readiness, Brian Strobel who is the VP of Corporate Quality at Sierra Nevada Corporation (the aerospace company, not the beer guys) and author of the upcoming book, “Pursuing Excellence: A Values-Based, Systems Approach to Help Companies Become More Resilient” (2021), in addition to his previous book, “Leading Change from Within: A…
Our supply chains operate in a world that is full of Volatility, Uncertainty, Complexity, and Ambiguity; a VUCA world where; V = Volatility: there is a lack of stability with what being known today changes often without warning. U = Uncertainty: there is a lack of knowing all of the variables and being able to accurately predict operating conditions….
Life is a never-ending stream of decisions. From the moment we wake up in the morning to the time we go to sleep, we are making decisions. Even the very act of waking up and going to sleep is a decision. After all, we don’t have to wake up or go to sleep; we make…
