Blog Archives

Enterprise-wide Risk Management

DeLoach has a refreshing new approach to risk management that is is cross-functional, integrated and adaptable in the face of constant change, simply because traditional risk management approaches are no longer adequate

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

A Decade of Living Dangerously

The report not only shows how many managers are aware of a specific Business Continuity Plan (BCP) covering critical business activities in their organization, but also tracks which of the risks identified are of particular concern to managers.

Posted in REPORTS and WHITEPAPERS
Tags: , , ,

Risk Avoidance – is that all there is?

The opposite of risk avoidance is risk ignorance. More often than not businesses simply accept that they are exposed to risks and do not bother to spend much effort on assessing and mitigating these risks.

Posted in THIS and THAT
Tags:

The IRM Risk Management Standard

Good corporate governance requires that companies adopt a methodical approach to risk management, and the IRM Risk Management Standard provides the toolbox. The Institute of Risk Management (IRM) published a Risk Management Standard in 2002.

Posted in THIS and THAT
Tags: , , , , , ,

Risky Thinking

Michael Z Bell is a Business Continuity consultant, based in Ottawa, Canada, and his business website (and blog) presents current information and opinions on business continuity, disaster recovery, risk assessment, and business impact analysis.

Posted in BLOGS and WEBSITES
Tags: , , , , ,

Managing Supply Chain Risk

Did you know that the Supply Chain Council (SCS) has extended their renown SCOR-model to Supply Chain Risk Management? This presentation from the the SCS website will detail the changes to the SCOR model to account for Risk Management and how it integrates with the SCOR model risk enablers.

Posted in THIS and THAT
Tags: , , , , ,

Practical Supply Chain Risk Management

Supply chain trends such as offshore manufacturing, global outsourcing and lean sourcing continue to impact the supply chain and supply chain risk management has taken center stage as a vital risk management priority.

Posted in THIS and THAT
Tags: , ,

Strategies for managing risk in multinational corporations

In my post two days ago, reviewing the article by Manuj and Mentzer (2008) titled Global Supply Chain Risk Management, I mentioned that they cited a paper by Ghoshal (1987) titled Global Strategy: An Organizing Framework as one of their references for listing risk management strategies. Today, I will take a closer look at that paper.

Posted in ARTICLES and PAPERS
Tags: , , , , , ,

Avoid Supply Chain Breakdown – Tailored Risk Management

In Chopra and Sodhi (2004) ‘Managing Risk to Avoid Supply-Chain Breakdown’ the first key message is that some mitigation strategies may actually increase risk in some business areas, rather than reduce it.The second key message is that the cost of mitigating or building up a reserve must be balanced against the level of risk.

Posted in ARTICLES and PAPERS
Tags: , , , , ,

Supply Chain Risk – Business Continuity Management

Supply Chain Risk Management (SCRM) has many similarities with Business Continuity Management (BCM). That is why SCRM can and should draw upon BCM for advice. A well-handled supply chain disruption can mean business continuity, while an ill-handled supply chain disruption can mean business dis-continuity.

Posted in THIS and THAT
Tags: , , , ,

A risky business? The top 10 challenges of offshoring

Organisations embarking on offshoring face multiple challenges; many of which can be extremely daunting. Sridhar Vedala, Director – Global Sourcing at EquaTerra explores the top 10 challenges of offshoring today and provides suggestions on how to tackle them head on.

Posted in REPORTS and WHITEPAPERS
Tags: , , , ,

ARTICLES and PAPERS
Security, visibility and resilience
The numerous possibilities of disruptions and disturbances in the supply chain demand a supply chain[...]
Disaster Relief Supply Chains
While some aspects of commercial logistics and supply chain management are fully applicable for disa[...]
BOOKS and BOOK CHAPTERS
Book Review: Ethical Risk
This is - for the time being - the sixth and final review of the books in the Gower Short Guides to [...]
Book Review: Single Point of Failure
Just out a few days ago, Single Point of Failure is a fascinating read. The author, Gary S. Lynch, i[...]
REPORTS and WHITEPAPERS
The UK Transport Network Resilience...and I
UK Transport Network Resilience
For a budding and even for a seasoned researcher, nothing is more rewarding than to have one's publi[...]
28 Global Risks in 2015
The  World Economic Forum Global Risks Reports. I first came across them in 2008, when the hyperopti[...]
from HERE and THERE
Lean logistics = risky logistics?
A posting on Evolving Excellence called Long is not Lean caught my attention the other day. The auth[...]
Does a blog have a supply chain?
I admit this does sound funny, but is it possible to say that a blog has a supply chain? And if that[...]