S01E07 - Profit - Implementing 21st-century supply chain - now

Black swans aren't so rare anymore – they're flocking. What Nassim Nicholas Taleb introduced in 2007 as a metaphor for those once-in-a-lifetime events has become more like a regular forecast in our hyper-connected world.

Remember when a black swan was that unexpected, earth-shattering event that no one saw coming? Well, these 'rare' birds seem to be nesting everywhere in today's globally interconnected supply chains. From chip shortages to cargo ships stuck in canals, from pandemics to geopolitical upheavals – what used to be "highly improbable" is now showing up in our news feeds with alarming regularity.

The irony? While Taleb's black swans were defined by their rarity, our modern supply chains have transformed them into something more akin to everyday pigeons. In a world where a factory shutdown in Taiwan can halt production in Texas within hours, or a local conflict can trigger global commodity chaos, we're not just spotting black swans – we're swimming in a lake full of them.

Join us as we explore how to navigate this new reality where the exceptional has become the expected. Because in today's interconnected world, the question isn't if you'll encounter a black swan – it's when and how prepared you'll be when it arrives.

Let's rewrite the rules for supply chain resilience in an era where black swans have gone mainstream.