The Inescapable Reality of Crisis
We live in the age of crisis. At the heart of any crisis is the threat of rapid change. Change too deep or too wide that the current coping mechanisms for an individual, corporation or government are unable to remain resilient. An unwelcome paradigm shift, like the proverbial spider, that catches unprepared decision makers off guard in a web of entanglement. Yet, crisis has become an advanced business strategy, a political survival strategy, a cunning military strategy. That means everything can and eventually will be weaponised to achieve a strategic objective. Nowhere is this more prevalent than in seemingly obscure components of a critical value chain. Malaysia has seen several prime examples in recent times – palm oil, the glove industry and, as of a few days ago, the semiconductor sectors received external pressure due to their critical importance in defence technologies. What critical value chain do you find yourself [...]