Blog Archives

Appetite versus Attitude

Risk Appetite versus Risk Attitude has brought a whole new perspective on risk and risk management to my attention: How much risk do we want to take? That is risk appetite. How much risk do we think we should take? That is risk attitude

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Book Review: Ethical Risk

This a book for companies wishing to survive into the future, simply because developing effective protection against exposure to ‘ethical risk’ is the only possible way forward, as corporate social responsibility is growing in importance. Not the only possible way, but the only viable way.

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Book Review – Fraud Risk

This is a fascinating book, showing how easy it may be for employees, customers, clients and consultants to commit fraud, and how easy it may be for management to detect and to prevent this. It is a book I highly recommend for anyone working in procurement or supply chain management.

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Book Review: Political Risk

Every firm with a supply chain that sources globally or operates internationally is exposed to political risks that may be very different from what they are used to domestically. On the international scene such risk can occur suddenly and without warning, not because they cannot be foreseen, but because the firm usually lacks the tools and the knowledge it needs to anticipate and react coherently to political risks.

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Book Review: Customs Risk

For businesses, failing to comply with customs requirements may result in delayed shipments and serious disruptions in the supply chain. That is why managing customs risk is an integral part of managing global supply chain risks, but customs risks are unfortunately absent from much of the supply chain risk literature.

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Book Review: Reputation Risk

This book describes how difficult it is to build a reputation, and how easy it is to destroy, how it can be measured, how it can be managed, what drives it and how different stakeholders focus on different aspects of reputation, and how reputation (risk) management is an integral part of risk management in general.

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Book Review: Procurement Risk

Not only will this book help procurement professionals to lift their head from their desks and gain a wider perspective on possible ramifications of their purchasing decisions, it will also help top managers to seeing procurement as a crucial contributor to a company’s well-being and competitive advantage.

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ARTICLES and PAPERS
Sustainable supply chains
Sustainability has become a huge buzzword, both in today's business world and within the broader fac[...]
Call for papers: Global Supply Chain Risk Management
Are you currently planning to write or actually writing a paper on supply chain risk and wondering w[...]
BOOKS and BOOK CHAPTERS
Supply Chain Risk - Jetzt auch auf Deutsch
Unbeknown to me - or perhaps I really should have known better - there appears to be a large body of[...]
Risk Management in Maritime Transportation Networks
This week’s focus are risks in the maritime supply chain, and today's article introduces a new metho[...]
REPORTS and WHITEPAPERS
28 Global Risks in 2015
The  World Economic Forum Global Risks Reports. I first came across them in 2008, when the hyperopti[...]
The supply chain of the future
A recent report by IBM, referenced by Supply Chain Digest in IBM Lays Out its Vision for the Supply [...]
from HERE and THERE
If the UK goes cold, blame me
Still thinking about my recent post on the importance of security of supply, I first added salt and [...]
Issues in visualization of risk and vulnerability
Risk analysis tends to be a highly mathematically, statistically, and let alone probabilistically or[...]