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The Power Of Resilience : How The Best Companies Manage The Unexpected

Yossi Sheffi

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Binding: Paper Back

Publisher: MIT Press

Language: English

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Description

A catastrophic earthquake is followed by a tsunami that inundates the coastline, and around the globe manufacturing comes to a standstill. State-of-the-art passenger jets are grounded because of a malfunctioning part. A strike halts shipments through a major port. A new digital device decimates the sales of other brands and sends established firms to the brink of bankruptcy. The interconnectedness of the global economy today means that unexpected events in one corner of the globe can ripple through the world's supply chain and affect customers everywhere. In this book, Yossi Sheffi shows why modern vulnerabilities call for innovative processes and tools for creating and embedding corporate resilience and risk management. Sheffi offers fascinating case studies that illustrate how companies have prepared for, coped with, and come out stronger following disruption?from the actions of Intel after the 2011 Japanese tsunami to the disruption in the ?money supply chain? caused by the 2008 financial crisis.

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