Summary of The Power of Resilience

How the Best Companies Manage the Unexpected

MIT Press, more...

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The Power of Resilience book summary
To prepare for disaster, your company must audit its supply chains to uncover risk and build resilience.

Rating

8 Overall

8 Applicability

7 Innovation

7 Style

Recommendation

Interdependencies within and between national economies make global and national systems – like financial networks or the world’s food chain – increasingly susceptible to disruption. A factory fire in one corner of the globe might create a supply chain domino effect – halting production of finished goods worldwide. MIT engineering instructor Yossi Sheffi warns that a breach of environmental standards by an obscure, deep-tier supplier might threaten the reputation of firms further up the chain. getAbstract recommends his forward-looking overview to leaders and risk managers – especially in large firms – who are building the response capability to deal quickly and effectively with disasters and disruptions.

In this summary, you will learn

  • What supply chain risks threaten most large organizations
  • How preparation and response can help you mitigate risk
 

Summary

Risk
Organizations navigate an increasingly complex and interdependent world. Exports of goods and materials steadily rocket upward. Container ships carrying goods more than doubled their capacity from 1999 to 2013. Materials move between nations as sophisticated computer and communications...
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About the Author

Yossi Sheffi teaches engineering systems at MIT and advises firms and governments on risk and supply chain management.


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