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Authors:
Published by:
IESE Business School (2017)
Revision date:
14-Aug-2018
 
in "IESE Insight"
Length:
9 pages

Abstract

As the world shifts to a less stable geopolitical structure, executives may find themselves ill-equipped to handle critical events, from terrorist attacks to civil unrest, which could disrupt supply chains and put operations at risk. Despite growing tensions in the world and the increasing fragility of global supply chains, management teams don't seem to pay sufficient attention to geopolitical threats, for a variety of reasons. This article explains the reasons behind the myopia. The author suggests some practical actions that readers can take, in three key areas, to anticipate and prepare for change, thereby reducing their supply chain's exposure to geopolitical shocks, so that their business prevails over the long term.

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