Mitigating the risk and impact of continued supply chain disruptions
‘Unprecedented times’ gets thrown around a lot these days but I think when it comes to the disruption we are experiencing in the supply chain and continued impacts of COVID, it’s hard to think of a more appropriate description without getting too melodramatic.
I doubt there will be any argument that the disruption exists. The impact might be felt differently across regions and industries but one way or another we are all dealing with the challenge. The key question is how we deal with challenges. There’s plenty of research, like this article from HBR - How to survive a recession and thrive afterwards - that shows how companies can make the most of the difficult times to change and emerge stronger.
I personally really like the analogy that in a cycle race, like the Tour de France, the gains are made on the uphill climbs rather than...