Building resilience in a world of constant global disruption
In short: Supply chain failures are an old problem facing new challenges like pandemics and natural disasters. Global trade expert Dustin Burke explains how companies can move beyond reactive fixes to build systems that actually withstand modern shocks.
Burke argues that creating a resilient future requires a shift in corporate strategy. Rather than simply reacting to crises, he proposes a dual approach: improving the accuracy of disruption forecasting and fostering a culture where companies are willing to share risks with one another.
The goal is to balance efficiency with durability. By identifying how to better anticipate shocks and collaborating on risk management, organizations can ensure that global trade remains stable even when faced with unpredictable environmental or biological events.
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Sources
- Summary by Intellect · source: How to Fix Broken Supply Chains | Dustin Burke | TED
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