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Book Review: How Nature Works

I first heard of the late Per Bak and his sandpile theories when I some time back read an article by Koubatis and Schönberger (1995) on Risk management of complex critical systems. Per Bak’s “sandpile” model is as relevant to business and society as Adam Smith’s legendary “invisible hand”.

Posted in BOOKS and BOOK CHAPTERS
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ARTICLES and PAPERS
When your supplier goes bust...
...what do you do? Is so-called supplier default something you have even thought about? And what if [...]
Supply chain risk in turbulent environments
An intriguing title caught my eye today.  Supply chain risk in turbulent environments - A conceptua[...]
BOOKS and BOOK CHAPTERS
SME Risk Management
Small and medium-sized enterprises (SMEs) make up the majority of enterprises in most countries, and[...]
Enterprise-wide Risk Management
Coming from a crisis management and business continuity background, I really enjoyed reading Enterpr[...]
REPORTS and WHITEPAPERS
Global Risk Reports
While waiting for the World Economic Forum Global Risk Report for 2009, the continuation of the Glob[...]
Managing supply chain risk
In September and October 2009 the Economist Intelligence Unit surveyed 500 company executives with r[...]
from HERE and THERE
Cost-Benefit Analysis – an essay about valuation problems
This paper introduces vulnerability as an important parameter for decision-support in cost-benefit a[...]
Near-shoring - less risk?
You Can’t Understand China’s Slowdown Without Understanding Supply Chains. That's the title of a rec[...]