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Exclusive: Jim Collins on ‘Thriving In Chaos’

Chief Executive

The second thing that we also saw in our companies is that in an uncertain world, there’s this very weird paradox of, on the one hand, placing really big bets, and, on the other, protecting your flanks against downside events, and putting both of those together. And if we do that, we can’t help but grow revenues per fixed cost.

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The Crisis in Child Care: A Tri-Sector Solution?

UVA Darden

This matter — which particularly affects women and girls — touches issues of health, income, crime, IQ, costs to families and the public, and an individual’s ability to maintain steady employment. The conversation was initiated at a TSL event in 2021, and the dialogue continues. Complex Issues and a Collaborative Approach.

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How to Prepare Your Supply Chain for the Unthinkable

Harvard Business Review

Companies are always shocked when low-probability events such as an earthquake or a tsunami disrupt their supply chains — as has happened after the tragic events in Japan two weeks ago — because of two fallacies. One is the mistaken belief that no corporation can prepare for such events; they can't even be predicted.

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How Drucker Thought About Complexity

Harvard Business Review

Not only are there more connections among more people, the speed of interactions has increased significantly, so that even small events in remote areas can propagate quickly, setting off cascades of events that evolve beyond anyone''s expectations. It is up to us to pick up where he left off.

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The Get-Big-Quick Fallacy

Harvard Business Review

Big events are endlessly discussed and analyzed. Airplane crashes tend to be major news events; automobile accidents aren''t. How will you generate enough transactions to cover the fixed costs involved in running your business? As wonderful as these events are, they are exceptions.

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How Uber Explains Our Economic Moment

Harvard Business Review

So to cover his monthly fixed costs of student loan payments (on more than $100k in debt), rent, and health care he was driving for Uber. I call my ride a microcosm experience because it resonated with at least three other recent events. He estimated that he spent more than 60 hours a week behind the wheel.

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China’s Slowdown: The First Stage of the Bullwhip Effect

Harvard Business Review

Here’s a hypothetical illustration of the bullwhip effect: A retailer might experience an X% drop in sales owing to some external event. During an economic crisis, the exaggerated decline in orders can be especially damaging to upstream suppliers that have high fixed costs tied to production assets.

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