As Memorial Day is quickly approaching for us in the United States, I like to pause and reflect on how lucky I feel to have a military that keeps me, my family and all of us safe. I think of their families, too, and the sacrifice they make…
While there is no comparison to the human suffering and tragedy, the Ebola crisis does have some lessons to be learned from a Supply Chain Risk Management perspective. We discussed some of them as they relate to the “Ebola response” Supply Chain here and here but there is also the risk associated with Supply Chains that are supported in West Africa – a prime example being Cocoa.
Leaders and executives of that community are polled every 6 months to identify their major challenges by multiple sources and blaring headlines announcing the results with much fanfare and excitement. And every time we see the results of these earth shattering announcements, the issue of not having the…
Yesterday’s HBR Management Tip of the Day “When Taking a Risk is Safer than the Status Quo” caught my eye. The point of the article was that: “Most of us would consider ourselves to risk averse” and “What we consider to be “safe” behavior often contains much more…
This morning I saw this checklist in HBR’s Management Tip of the Day and I thought it was worth sharing. It is “A Checklist to Help You Make Better Decisions Faster”: Write down five company goals that will be impacted by the decision. This helps you avoid…