
Businesses Must Take and Avoid Risks
Risks are something with which every business must deal. Entrepreneur Richard Branson observes, “The luckiest people and businesses are those that are prepared to take the greatest risks. We can all create
In this blog, we discuss cognitive computing and other technologies with a focus on supply chain management and innovation. Other topics of discussion include digital enterprise transformation, marketing, the Internet of Things, and smart cities. Our goal is to advance the public discussion about how cognitive computing and other advanced technologies affect the world in which we live.
Bradd C. Hayes is the active editor of this blog.
Risks are something with which every business must deal. Entrepreneur Richard Branson observes, “The luckiest people and businesses are those that are prepared to take the greatest risks. We can all create
Organizations are often counseled to prepare for the unexpected. Even better advice is to prepare for the expected. Hurricanes fall into the expected category. There is a reason meteorologists define a hurricane
Evolution has demonstrated that the most important traits for survival are adaptability and resilience. It’s a lesson that must be continually learned, especially in the business world. Former IBM executive Irving Wladawsky-Berger
In professional football, a quarterback can “take a knee” while holding the ball to end a play and down the ball. Once the quarterback’s knee touches the ground and referees blow their
Okay, I admit the headline is sarcastic. It comes as NO surprise that in the digital age cyber threats are becoming a greater concern. The late Palestinian poet Mahmoud Darwish once wrote,
Disruptions are anathema to supply chain operations. Despite the best efforts of supply chain professionals, disruptions appear to be increasing. The supply chain risk management firm Resilinc reports disruptions hit an all-time
“In the age of globalization,” observes Mary Mazzoni (@mary_mazzoni), “corporate supply chains typically stretch around the world. Such complexity means it’s next to impossible for business leaders to assess potential risks at
Early last December, at an international meeting on climate change, the United States joined other large producers of oil and natural gas (namely Saudi Arabia and Russia) in opposing language endorsing the
Supply chain risk management (SCRM) is often discussed in terms of prevention, mitigation, and recovery. Prevention, of course, is the most cost effective course of action. The medical community is fond of
As recent events demonstrate, science fiction often turns into science fact. Jason Koebler and Joseph Cox explain, “In the 2015 novel Ghost Fleet, the spark that starts World War III is not
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