Tag Archives: virtual enterprise network

Control or laissez-faire?

Maintaining a company’s competitive advantage depends on managing and controlling a global supply chain that is perhaps never static, and one major supply chain risk is that supply networks are constantly changing. Supply chains, once established,  have become increasingly unpredictable in today’s global and highly dynamic business environment. No sooner have you mapped your supply chain end-to-end and devised  a strategy for how to manage it, the chain changes on you – new and better suppliers emerge and new relationship configurations pop up. Perhaps not controlling, but letting things happen and letting supply networks emerge is the best management strategy? According to Supply networks and complex adaptive systems: control versus emergence by Thomas Choi, Kevin Dooley and Manus Rungtusanatham supply chain managers must appropriately balance how much to control and how much to let emerge.

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Risk and Vulnerability in Virtual Enterprise Networks

A month ago I posted on my first publication, a book chapter on A Conceptual Framework for Risk and Vulnerability in Virtual Enterprise Networks in Managing Risk in Virtual Enterprise Networks: Implementing Supply Chain Principles, edited by Stavros Ponis from NTUA in Athens, Greece, and published by IGI Global. A month ago, the book was merely announced on the publisher’s website, now it is fully present. Not only do I have the honor of opening the book by being the first chapter, but  – as I just found out – I also have the honor of having the free sample chapter for download…making my thoughts available for criticism for the whole Internet world, not just the inquisitive  reader who stumbles upon this book in the university library and decides to read it.

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Published. Not perished.

Publish or perish? Publish. It has taken its time, but finally it is there, the book that has my chapter in it. Managing Risk in Virtual Enterprise Networks: Implementing Supply Chain Principles, edited by Stavros Ponis, aims to serve as a point-of-reference for scholars and researchers who are interested in studying Risk Management in a cross-disciplinary fashion, linking Virtual Enterprise Networks with Supply Chain Management and Risk Management. I am proud to be able to contribute of this attempt at cross-fertilization between three distinctively different, yet highly interconnected fields of research.

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The Definition of Agility

Although getting close to 20 years old now, The Agile Virtual Enterprise: Cases, Metrics, Tools, written in 1992  by H T (Ted) Goranson, is a book that still holds timeless ideas and visions that are still applicable.  While the at that time emerging vision of  the virtual enterprise is at the forefront of the book, it is also the only reference I have found that properly differentiates between agility and flexibility and what being agile actually entails. This blog has previously reported profusely on flexibility, let alone resilience and robustness, but has severely neglected agility. With this post, I intend to take a closer look at what it means to be agile.

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Supply Chain Flexibility in Strategic Networks

A supply chain as a virtual enterprise network. That is the underlying reasoning in the 2009 paper How to improve supply chain flexibility using strategic supply chain networks by Herwig Winkler. Virtual Enterprise Networks do not play a major role in this paper, but what fascinates me are (1) the parameters defining supply chain flexibility: Transparency, Simplicity, Responsiveness/Agility and Security/Reliability, and (2) flexibility potentials: Structural, Technological and Human flexibility potentials.

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Risks in virtual enterprise networks and supply chains

It is not unusual for suppliers in a supply chain to come together and act as a Virtual Enterprise Network (VEN) and today’s supply chains exhibit many VEN-like features. Is managing risks in Virtual Enterprise Networks different from managing risks in supply chains? With this in mind I submitted a paper to MITIP2009, the 11th International Conference on the Modern Information Technology in the Innovation Processes of the Industrial Enterprises, to be held in Bergamo, Italy, in October.

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Structural embeddedness and the extended supply chain

The other day, while reviewing a chapter for inclusion (or not) in the upcoming book Managing Risk in Virtual Enterprise Networks, in the chapter author’s reference list, I came across a very interesting article on Structural embeddedness and supplier management : A network perspective, and a term I had never heard about before: structural embeddedness. Now, structure refers to the characteristics of a supply network, such as how many suppliers or customers a company works with and how tightly or loosely coupled its relationships are, while embeddedness refers to the state of dependence of a company on its suppliers and customers in a particular supply network structure. Why is this important? Because we need to consider how a supplier is embedded in its own networks if we are to truly gauge its performance.

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Book Review: Virtual Teams

This is another post resulting from my literature review when researching background material for my book chapter on managing risks in Virtual Enterprise Networks, something that seems to have caused a barrage of seemingly never-ending book reviews on this blog.  In The Handbook of High Performance Virtual Teams: A Toolkit for Collaborating Across Boundaries, Jill Nemiro and her co-editors have put together a 764-page monster of a book. It’s not a handbook, it’s a handbrick.

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Book Review: Cooperative Strategy

Cooperative strategy is the attempt by organizations to realize their objectives through cooperation rather than in competition with them, focusing on the benefits of cooperation. I used Cooperative Strategy in preparing for my book chapter on risks in virtual enterprise networks, where two chapters in this book were particularly useful: Networks (Chapter 8) and Virtual Corporations (Chapter 9). My review focuses on these two chapters. I did browse the other chapters in the book, although I did not read them as intensively as chapter 8 and 9, which obviously were the chapters I read most.

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Risk in Virtual Enterprise Networks

Done…I finally made it! Today I submitted my full chapter for the book on Managing Risk in Virtual Enterprise Networks: Implementing Supply Chain Principles. All I can do now is anxiously await the reviewers’ verdict. Followers of this blog will already have noticed some of my posts on Virtual Enterprise Networks, and wonder why I am suddenly deviating (albeit only slightly) from the main thrust of my blog, namely supply chain risk and transportation.

 

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Jumpstart your VEN adventure

This is a terrific book. As you will know from my post  the other day, I am currently writing a book chapter on risks in Virtual Enterprise Networks (VENs), and I have used The Networked Enterprise by Ken Thompson as what I would call THE reference on how to manage VENs. The goal of a VEN is to connect Small and Medium Enterprises (SMEs) into peer networks, supported by appropriate collaboration practices and technologies, to give them the capabilities and competitive advantages of large global enterprises. How is this possible?

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Understanding risks in Virtual Enterprise Networks

Today’s unstable and highly competitive business environment has created a shift in how enterprises are established and managed, where past “traditional” enterprises are replaced by new “virtual” enterprises, forming temporary networks of independent companies or Virtual Enterprise Networks (VENs) that  share skills, costs and access to each other’s market. I am currently writing a book chapter for the book Managing Risk in Virtual Enterprise Networks: Implementing Supply Chain Principles, which is about risks in Virtual Enterprise Networks (VENs), and here are some the ideas that have come to my mind when trying to connect risks in supply chains with risks in VENs.

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