The Covid-19 pandemic revealed the weaknesses of supply chains mostly relying on centralized production in cost-effective Asia, tiered contractors and subcontractors, limited inventory and just-in-time procurement. When the epidemic started in Wuhan, parts manufactured in China went scarce. As early as February 7th, 2020, although the outbreak had not reached Europe yet, auto makers warned…
Tag: Resilience
Digital shift in the workplace at flying speed
I had my first virtual board meeting 2 weeks ago. We had always preferred meeting in person because we felt we were more productive together but mostly because we are human beings who like to meet and greet. This virtual board meeting worked pretty well. We used Google Meet. We could study the presentation simultaneously…
Resilience in a crisis, getting ready for the next day
While we are nearly 2.6 billion people quarantined to fight the Covid-19 epidemic in this unprecedented month of March of 2020, I have decided to take the time to write my thoughts and ideas on business transition and adaptation to climate change. This serious health crisis is testing the resilience of our society, i.e. its…