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Robust, Rapid, Resilient

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The resilience of any system can be measured by two dimensions: robustness, the extent of system function that is maintained, and rapidity, the time required to return to full system operations and productivity. In essence, pre-disaster mitigation fosters robustness, and post-disaster adaptation fosters rapidity.

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ARTICLES and PAPERS
A new and better way of classifying and managing risks?
Risk. The probability of an event occurring and the consequences of the event occurring. That is how[...]
Are supply and demand elasticity a risk?
Why haven't I seen this paper before? And why is it not cited more often? It should. It is called Th[...]
BOOKS and BOOK CHAPTERS
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[...]
Book Review - Fraud Risk
Last year I was approached by Gower Publishing and invited to review their Short Guides to Business [...]
REPORTS and WHITEPAPERS
Critical Infrastructure and Resilience
What happens when a business is disabled for a length of time? What are the impacts on its profitabi[...]
The Benefits of Investing in Supply Chain Security
With the memory of attacks by Somali pirates still fresh in mind, supply chain security has come to [...]
from HERE and THERE
Managing Supply Chain Risk
Did you know that the Supply Chain Council (SCS) has extended their renown SCOR-model  to Supply Cha[...]
Can Somali pirates bring down supply chains?
The BBC news this morning ran an interesting and worrying story: Shipping companies are considering [...]