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Creative leaders don’t fear risk — they turn it into a money-making strategy

In 2008, at the height of the global recession, Hyundai Motor Company, like all other auto companies, was reeling from the sharp drop-off in vehicle sales. Fearful of losing their jobs and dismayed by the sudden plunge in the value of their homes, consumers were in no mood to consider big-ticket pur...
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Ford Forced to Stop F-150 Production Because of Supplier Fire

Ford suspended all production Wednesday of its profit-driving F-150 pickup, the nation’s best-selling vehicle for more than 35 years, because of a “black swan” parts shortage. The production halt was caused by a fire May 2 at a parts factory in small-town Michigan that rippled thro...
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Apple’s Cobalt Play: A Lesson in Competitive Strategy, Navigating Uncertainty and Securing the Supply Chain

Another Apple Trifecta? If recent reports of Apple being engaged in discussions with cobalt suppliers are true (and I bet they are) then we are about to witness another lesson in how to gain competitive advantage as Apple simultaneously executes competitive strategy, uncertainty navigation and suppl...
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Supply Chain Risk and the need to understand the industry value chain before proceeding

A prerequisite to navigating supply chain risk and uncertainty: understand the industry value chain dynamics (forces), then understand your organization’s supply chain and 3rd party vulnerabilities. Here is another example of the changing landscape of Supply Chain Risk activities....
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