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Review the governance of the organization’s risks. The risk function is too often focused on reporting risks that are well known within operating units, with less ability to ensure that the scope of risks under consideration is adequate and includes less obvious risks that could have a much higher impact. These risks can encompass the entire supply chain and include business continuity, creditworthiness of suppliers, currency risk, commodity volatility, supply chain integrity, political risks and a number of other operational risks. Review current operating models. This entails an in-depth analysis of the risks embedded into a company’s operating model, along with a review of all procedures and controls intended to manage those risks. Typical steps include a systematic review of the supply chain risk inventory, the identification of critical single points of failure in the organization, and the quantification of the financial impact those key risks can generate.
What is the Stuxnet?
I am enjoying this.....
What is the Stuxnet?
What is the stakeholders ?
Every stakeholders has to make a decision and everyone has to respect each decision made by each stakeholders and everyone has to adhere to it
and we can also use the way of solving the wicked problems to avoid the supply chain risks but only the local one not in the global SCR
I think it's also similar in the international supply chain too if such local community problems are not solved, wicked problems can also surface.
Review the governance of the organization’s risks. The risk function is too often focused on reporting risks that are well known within operating units, with less ability to ensure that the scope of risks under consideration is adequate and includes less obvious risks that could have a much higher impact. These risks can encompass the entire supply chain and include business continuity, creditworthiness of suppliers, currency risk, commodity volatility, supply chain integrity, political risks and a number of other operational risks. Review current operating models. This entails an in-depth analysis of the risks embedded into a company’s operating model, along with a review of all procedures and controls intended to manage those risks. Typical steps include a systematic review of the supply chain risk inventory, the identification of critical single points of failure in the organization, and the quantification of the financial impact those key risks can generate.
Attempting to solve or address a wicked problem one must first be fully responsible for their actions.