Book Review: The Resilient Enterprise

To me, this book by Yossi Sheffi was an eye-opener, not so much for it’s academic value, but for it’s “entertainment” value, “entertainment” as in “stop-you-in-your-tracks-and-make-you-think”-value. Excellently written, The Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage does not necessarily provide concrete solutions for your own business, but it showcases how other companies, successfully or not, handled various crisis situations. Sheffi’s analysis of how and why things go wrong or right is spot on and to the point.

Bedtime stories

This is a good story-book, but it’s a story-book with a message. Keep it on your desk at all times, or even better, keep a second copy on your nightstand, and let resilience be the last thought in your mind before falling asleep.

Sheffi’s Disruption profile

Sheffi's Disruption ProfileThere is a figure in ‘the Resilient Enterprise: Overcoming Vulnerability for Competitive Advantage’ by Yossi Sheffi that every supply chain risk manager (or even every CEO for that matter) should take note of: the disruption profile. This is tell-tale illustration of what happens when supply chains are disrupted and businesses are impacted.



Resilient Organisastions

resorgsA very similar (i.e. inverted) figure can be seen in Resilent Organisastions, a New Zealand research project designed to assist organisations in recovering their economic competitiveness after hazard events, focussing not only on the vulnerability of our systems to failure, but also on our ability to manage and minimise the impact of any failures.

Vulnerability of production systems

This figure is not new. Already in 1997,  Bjørn Asbjørnslett, a Norwegian researcher from the Norwegian University of Science and Technology in Trondheim, used it when he described how to assess the vulnerability of production systems, showing how a resilient system has the ability to adapt in order to regain a new stable position.

Reference

Sheffi, Y. (2005). The Resilient Enterprise – Overcoming Vulnerability for Competitive Advantage. Cambridge, MA: MIT Press.

Author links

Links

Related

Posted in BOOKS and BOOK CHAPTERS
Tags: , , , , , ,

ARTICLES and PAPERS
Structural embeddedness and the extended supply chain
The other day, while reviewing a chapter for inclusion (or not) in the upcoming book Managing Risk i[...]
Disruptions in supply networks
Supply chain disturbances and supply chain disruptions. Not the same and very different from each ot[...]
BOOKS and BOOK CHAPTERS
Book Review: Managing Supply Chain Risk and Vulnerability
Another book by someone from the ISCRiM group? No, not this time, or perhaps, yes, after all. Managi[...]
Book Review: Risk Modeling, Assessment, and Management
First published in 1998 and now already in its 3rd edition in 2009, but still unknown to me, althoug[...]
REPORTS and WHITEPAPERS
Global Risks 2012
Are economic imbalances and social inequality risk reversing the gains of globalization? Should we s[...]
Zycus and the Supply Risk Explosion
"Ten or fifteen years ago, you could not convince most procurement and supply-chain professionals to[...]