How much is that doggy in the window? Depends – what time of the day is it? Who are you? Are you using a Mac or Windows device? CAVEAT EMPTOR !!
Browsing: Risk Management
The Mpower Group is excited to announce it’s CEO, Dalip Raheja, will be a keynote presenter for two IACCM webinars, Identifying and measuring risk in the supply chain and contracting processand Implementing a risk strategy. Webinars will be on January 15th and January 22nd, respectively. The Mpower Group is…
The answer depends on how you think – are you a Direct Causation believer or a Systemic Causation believer? By the way, it’s not an either or choice. If you are looking for a direct, linear causation relationship between climate change and Sandy, then you may choose to ignore the event and/or react to it by building a wall to block the surge. If you believe in systemic causation, then you may choose to increase solar and wind power and reduce fossil fuels to reduce the storm surge. You can follow an excellent discussion on this by George Lakoff.
By now you have probably heard about the security fiasco and the name G4S. It’s quite an irony that London’s risk management process was itself full of risk. From what can be gathered so far, G4S was contacted to supply about 2,000 security personnel and then in December it dawned on the organizing committee that they really needed 10,000 personnel.
The question of the month from an anonymous reader was posed like this: What is the best way to manage supply chain risk?
At a recent planning call with some of the members of the Next Practices Xchange for their upcoming conference, I was asked to come up with the list of concerns that leaders in the community (Procurement, Strategic Sourcing, Supply Chain, etc. etc.) had. This was to identify the major risks that are facing the community so that a relevant agenda could be developed. I pushed back at the members and got them to acknowledge that we would be talking about only those issues that they knew about or had identified. What about all those that they had not?