What would the group do, for instance, if 30% of the company’s factory workforce in Asia dropped out? What if the United States closed its borders? How would the team respond to an “unthinkable” scenario?
The goal is not to create specific rules for responding to specific threats but to practice new ways of problem solving in an unpredictable and fast-changing business environment.
As for the two organizations described previously, advantage in a crisis will go to the one that can leverage its capabilities and cooperate with other members of the community – even competitors, in a seamless fashion.
For complete IIPM article click here
Source:- IIPM Editorial, 2006
Editor:- Prof. Arindam Chaudhuri
The goal is not to create specific rules for responding to specific threats but to practice new ways of problem solving in an unpredictable and fast-changing business environment.
As for the two organizations described previously, advantage in a crisis will go to the one that can leverage its capabilities and cooperate with other members of the community – even competitors, in a seamless fashion.
For complete IIPM article click here
Source:- IIPM Editorial, 2006
Editor:- Prof. Arindam Chaudhuri
