The Power Of Resilience: How The Best Companies Manage The Unexpected by Yossi Sheffi

The Power Of Resilience: How The Best Companies Manage The Unexpected

byYossi Sheffi

Paperback | March 24, 2017

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A catastrophic earthquake is followed by a tsunami that inundates the coastline, and around the globe manufacturing comes to a standstill. State-of-the-art passenger jets are grounded because of a malfunctioning part. A strike halts shipments through a major port. A new digital device decimates the sales of other brands and sends established firms to the brink of bankruptcy. The interconnectedness of the global economy today means that unexpected events in one corner of the globe can ripple through the world's supply chain and affect customers everywhere. In this book, Yossi Sheffi shows why modern vulnerabilities call for innovative processes and tools for creating and embedding corporate resilience and risk management. Sheffi offers fascinating case studies that illustrate how companies have prepared for, coped with, and come out stronger following disruption -- from the actions of Intel after the 2011 Japanese tsunami to the disruption in the "money supply chain" caused by the 2008 financial crisis.

Sheffi, author of the widely read The Resilient Enterprise, focuses here on deep tier risks as well as corporate responsibility, cybersecurity, long-term disruptions, business continuity planning, emergency operations centers, detection, and systemic disruptions. Supply chain risk management, Sheffi shows, is a balancing act between taking on the risks involved in new products, new markets, and new processes -- all crucial for growth -- and the resilience created by advanced risk management.

About The Author

Yossi Sheffi is Elisha Gray II Professor of Engineering Systems at MIT and Director of the MIT Center for Transportation and Logistics. He has worked with leading manufacturers and logistics service providers around the world on operations and strategy issues and is an active entrepreneur, having founded or cofounded five successful co...
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The Power Of Resilience: How The Best Companies Manage The Unexpected
The Power Of Resilience: How The Best Companies Manage The Unexpected

by Yossi Sheffi

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Title:The Power Of Resilience: How The Best Companies Manage The UnexpectedFormat:PaperbackDimensions:488 pages, 9 × 6 × 1 inPublished:March 24, 2017Publisher:The MIT PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0262533634

ISBN - 13:9780262533638

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[S]tands head and shoulders above this year's crop of the best business books on strategy...