Resilience in a Hotter World
How can we get ready to face the disturbances related to climate change?
Author(s): Andrew Winston
Publisher: Harvard Business Review
Date of publication: 2014
Read this article on the publisher's website [Harvard Business Review]
Summary
Because of climate change, enterprises must be ready to regularly face unforeseen disturbances. These changes threaten the ecosystems they depend upon and can at any moment disrupt their activity. The risk is made worse by the extension of the supply chains, which leads to the propagation of the crises to a global scale. Andrew Winston proposes business leaders concrete actions to reduce the vulnerability of their organizations. He particularly highlights how enterprises such as Adidas and Nike reduce their dependency on specific resources such as water, by working on new processes or by securing alternatives. He also insists on how risk prevention must be conducted together with partners and suppliers.
Synopsis
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Increase the resilience of your organization
All organizations are confronted with the risk of crises. Rather than vainly attempting to avoid them, you had better develop the capability to absorb them and to learn the lessons. How can you acquire and cultivate resilience?