Remove Constraint Remove Operations Remove Risk Management
article thumbnail

Ecosystem Economics: Navigating the Water-Food-Energy Nexus

Harvard Business Review

When we talk about natural resource constraints on business — such as shortages in water or increases in the cost of energy or agricultural products — we tend to forget how deeply intertwined these commodities are. Facing these clear resource constraints, businesses will need to adapt, and soon.

Energy 14
article thumbnail

Why You Need a Resilience Strategy Now

Harvard Business Review

General Mills’ CEO recently blamed the winter for less-than-expected earnings , saying that “severe winter weather…disrupted plant operations and logistics…We lost 62 days of production…which hasn’t happened in decades. It might have actually generated increased revenue as well, if it meant operating while competitors couldn’t.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Don’t Blame the Apple and Exonerate the Tree

Harvard Business Review

We should, however, also be asking what set of conditions, constraints, pressures, and expectations affected the culture and organization to allow or produce the bad behavior. And what happened to the compensation of a typical JP Morgan managing director? The desire is for a clear cause-and-effect relationship, and often a villain.

Banking 13
article thumbnail

Should Companies Care If Hurricane Sandy Was "Caused" By Climate Change?

Harvard Business Review

As the VP of global risk management told me, the most expensive events in company history in every weather category (flood, earthquake, hail, wind, etc.) Smart companies will be examining supply chains and operations very closely for risks associated with water shortages, floods, storms, and resource constraints.

article thumbnail

When High-Return Bank Businesses Go Bad

Harvard Business Review

Institutional banking businesses — including trading operations — typically don't have high barriers to entry. financial institution has pulled back or failed, there has almost always been a European bank or a Japanese bank or some other player willing to take over its trading operations or enter the market in its place.

Banking 11
article thumbnail

The Comprehensive Business Case for Sustainability

Harvard Business Review

This can disrupt a firm’s ability to operate on schedule and budget. ” Improving risk management. ” Improving risk management. Climate change, water scarcity, and poor labor conditions in much of the world increase the risk. billion in mining projects since 2010. Fostering innovation.

article thumbnail

Top Cyber IT Security Trends in 2018

Strategy Driven

There are few businesses that don’t rely on the transmission of sensitive digital data in the course of their day to day operations and because of this, cyber security is an ongoing concern. These companies either didn’t understand the need for staying current with security patches or simply failed to do so based on time constraints of staff.

Trends 50