It is better to be preparedDo you know your risk? And your options?

6a.m. You wake up. You check your news feed. “China invades Taiwan!” A moment of shock. Immediately thoughts start running through your head…

Thinking in risk scenarios is not a form of pessimism. It’s the duty of proper management. We face a reality where we can’t decouple geopolitics from business. What you need is transparency and a game plan. Sounds simple, right? But once you go down the rabbit hole, there is more complexity than
you expected…

Transparency on risk exposure. Along the entire supply chain. On component and raw material level. Millions of data points to be analyzed across multiple systems. Game plan. Scenario based. There will be no black and white, but shades of grey. You have to narrow down the costs of your options.

Because prevention is cheaper than damage control.