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Book Review: How Nature Works

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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”.

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ARTICLES and PAPERS
Robustness, resilience, flexibility and agility
robustness flexibility resilience
Several “buzzwords” have been linked to supply chain risk  management (SCRM) in various ways: robust[...]
Certain death: Not risky. Uncertain death: risky.
If you know for sure that things will go wrong, there really is no risk. If you don't know for sure [...]
BOOKS and BOOK CHAPTERS
Resilience times four
Resilience. It is not so much about reducing the number of things that go wrong, but it is about imp[...]
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
Creating the resilient supply chain
This blog is about supply chain risk, business continuity and transport vulnerability, and while I h[...]
Supply chain vulnerability: an invisible global risk?
Supply chain disruption - a global issue? All companies and governments dependent on external suppli[...]
from HERE and THERE
Cutting costs or cutting risks?
One of the blogs I like to browse from time to time, particularly when looking for topics related to[...]
Pålitelighet og sårbarhet av transportsystemer
Transportsystemer som veg og jernbane danner ryggraden i et moderne samfunn. Påliteligheten og sårba[...]