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Risk Intelligent Supply Chains

  • Fester Einband
  • 289 Seiten
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"This is an amazingly timely and lucidly written book focusing on a topic of extreme importance. Even though this book is dealing... Weiterlesen
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Zusatztext "This is an amazingly timely and lucidly written book focusing on a topic of extreme importance. Even though this book is dealing primarily with Turkish industries, it is a must-read for supply chain specialists anywhere in the world." âMichael L. Pinedo, Julius Schlesinger Professor of Operations Management, Leonard N. Stern School of Business, New York University "Like a great classical composer, Professor Haksöz masterfully scores the four necessary voices of evermore critical risk intelligent supply chains (RISC) through his innovative and actionable I-Quartet Model-- Integrator , Inquirer , Improviser , and Ingenious . Supply chain executives, take note!" âBrian W. Hagen, Ph.D., Managing Director of Decision Empowerment Institute "Through a number of fascinating case studies of some of Turkeyâ™s most successful companies, this book offers important new insights into how to best manage supply chain risk in these times of global uncertainty." âFatih Birol, Ph.D., Chief Economist and Director of Global Energy Economics, International Energy Agency "ÃaÄrı Haksöz has written an important and original book. Risk Intelligent Supply Chains is a pioneering study that clearly elucidates the interrelated issues of risk and supply chains. In this timely and well-written book, Haksöz competently shows how leading Turkish companies manage risk in their supply chains. ÃaÄrı Haksöz combines a deep understanding of supply chains and Turkish industry to produce an outstanding book that illuminates both theoretical and implementation questions applicable to a wide cross-section of industries and companies world-wide." âÃmer S. Benli , Associate Dean, College of Business Administration, California State University, Long Beach "This is an excellent and thought provoking book. ÃaÄrı makes a compelling case for why top management should proactively manage supply chain risks to survive in a global and intensely competitive market. The operationalizing of the concept of " risk intelligent supply chain " is very clear and rational and provides a framework that managers can use to develop supply chain risk management capabilities. The case studies of Turkish companies provide actionable takeaways in managing supply chain risk. It is a must read for practitioners and academicians." âVinod Singhal , Brady Family Professor of Operations Management, Scheller College of Business, Georgia Institute of Technology "Risk Intelligent Supply Chains is a thoughtful and timely book dealing with the topic of supply chain risk management in the context of emerging markets, interspersed with compelling data, metaphors, examples and case studies. Professor Haksöz explains the sources of supply chain risk in easy-to-understand terminology, and postulates that supply chains must be "risk intelligent" to be sustainable and resilient over the long run. He describes his I-Quartet Model of four types of roles that companies in supply chains must discharge in order to be risk intelligent--as an Integrator , as an Inquirer , as an Improviser , and as an Ingenious risk taker. This strategic framework is thought-provoking and worthy of reflection by supply chain strategists. He presents rich case studies of three Turkish firms at different stages of the supply chain in the tire industry showing how these companies have built risk intelligent supply chains. Kordsa Global, with 35% worldwide market share in nylon 66, manages a network of factories and distribution facilities across nine countries. Brisa is an award-winning Turkish manufacturer of tires in a joint venture with Bridgestone Corporation. AnadoluJet is a low-cost Turkish airline with a unique hybrid model, as opposed to point-to-point or hub-and-spoke models, borne out of analysis of int...


Professor Haksöz is a faculty member of Operations and Supply Chain Management at Sabanci School of Management, Sabanci University, Istanbul, Turkey and an affiliate member of the Regent's Centre for Transnational Studies, Regent's College, London, UK. His current research focuses on risk intelligence, supply chain risk management, supply chain/energy contracts, supply chain networks on the Silk Road, climate change/weather/water risk, creativity and improvisation. His previous books include Managing Supply Chains on the Silk Road: Strategy, Performance, and Risk (with S. Seshadri and A. V. Iyer, 2011) as well as Global Perspectives: Turkey (with M. Çakanyildirim, 2012). He is a consultant for national/international firms as well as government organizations.


Highlighting the unique perspective of Turkey, a BRIC-MIST country of great geostrategic importance, this book examines risk assessment and risk management strategies of successful Turkish industries including energy, airlines, manufacturing, and automotive. It offers numerous never-before-published case studies to provide an integrated framework and multidisciplinary focus ranging from operations management to operational risk, real options, ecosystems, and value theory. This book is a must-have for any business leader looking to better understand their global position and develop their strategic capabilities.


The Turkish economy is very dynamic and growing at phenomenal speeds. For instance, Turkey's first quarter GDP growth rate was 11 percent in 2011. This growth brings its own risks and benefits. The lessons learned from surviving and thriving in such an environment can be applied to supply chains in any country. Packed with interesting and timely examples from industries such as automotive, airline, and manufacturing, Risk Intelligent Supply Chains: How Leading Turkish Companies Thrive in the Age of Fragility presents strategic insights from various leading Turkish companies regarding their management of supply chain risks.

Çar Haksöz brings the risk intelligent supply chain (RISC) concept to life for the first time. It answers the question of how to become a risk intelligent supply chain. He proposes the I-Quartet Model with four essential roles "Integrator, Inquirer, Improviser, and Ingenious," that any supply chain network must play to become risk intelligent. The book also presents never-before-published cases and practices of leading Turkish companies that thrive globally in the age of fragility with their supply chain risk intelligence.

While providing real-life examples, the book also shares insights obtained in various scientific disciplines. It provides not only an industry focus but also details numerous industry approaches, analyzing their similarities and differences in a manner that allows each industry to learn from the other.


Global Supply Chain Networks in the Age of Fragility
Welcome to the World of Extreme Risks and Opportunities
The Ubiquity of Global Supply Chain Risks
Recent Examples of Global Supply Chain Risks

Risk Intelligent Supply Chains and the I-Quartet Model
Introduction to Risk Intelligent Supply Chains
Risk Intelligence versus Risk Intelligent Supply Chain
The I-Quartet Model: A Synopsis
The Acrobat over the Bosphorus

The Integrator: Orchestrating an Interdependent Supply Chain Network
Networks and Complexity
Supply Chain Network Orchestration
Risk Interdependence in Supply Chain Networks
Lessons from Turkish Carpet Weaving

The Inquirer: Sensing and Learning in Swan Lake
Sensing and Learning in Supply Chain Networks: Brightening the Peripheral Vision
Learning from Small Failures
Fail Fast, Learn Fast! Almost Fail, Learn Faster: Learning from Near Misses
Swan Lake: A Habitat of Colorful Swans
The Ladder of Mastery: Swan Lake Ignorance to Swan Lake Intelligence
Risk Anticipation in the Supply Chain Network
Technical Appendix

The Improviser: CreativeDiverseFlexible Tinkering to Achieve Resilience
The Improviser in the Supply Chain Network
Creativity and Design Thinking

The Ingenious: Intelligent Risk Taking in Swan Lake
Surprises Are Not Surprises Anymore: Black Swans in Swan Lake
Negative versus Positive Black Swans
Positive Deviance: Identifying and Nourishing Positive Black Swans
Extremophiles: Positive Black Swans of Biological Ecosystems
Dragon-Kings versus Black Swans
Fork-Tailed Risk-Taking Strategy
Closed-Loop Dynamics of the Risk Intelligent Supply Chain

Wisdom from Leading Turkish Companies

Kordsa Global: Orchestrator of Transnational Supply Chain Network
Managing Global Supply Chain Operations and Risks
Perception of Global Supply Chain Risks
Strategic Risks along the Supply Chain Network
Kordsa Global Approach for Risk Assessment and Hedging
Global Supplier Management
Financial Hedging, Insurance, and Business Continuity
Operational Hedging Strategies
Intelligent Management of Supply Chain Contracts
Expecting the Unexpected: Black Swans in Swan Lake
Future Global Challenges and Emerging Risks
Developing Talent with a Global Supply Chain Mind-Set
The Future Vision for Kordsa Global's Risk Intelligent Supply Chain
Managing Risks in Global Supply Chain Contracts
The I-Quartet Model of Kordsa Global

Brisa: Virtuoso of Supply Chain Risk Management
Managing a Global Supply Chain Network
Managing Supply Chain Contracts and Related Risks
Risk Intelligent Supply Chain of Brisa
Managing and Mitigating Major Supply Chain Risks
Regulatory and Political Risks and Brisa's Risk Intelligent Response
Learning from Black and Gray Swans in Swan Lake
Recruiting, Developing, and Retaining Supply Chain Talent
Managing Business and Supply Continuity
Envisioning the Future
The I-Quartet Model of Brisa

AnadoluJet: Maestro over the Clouds
Background of the Turkish Airline Industry
Turkish Airlines after Deregulation
Inception of AnadoluJet
Operational Innovations in a Risk Intelligent Supply Chain
No-Excuse Customer Service
Designing Responsive Marketing and Sales Strategy
Developing Young and Ambitious Talent
Risk Management Philosophy in Orchestrated Network
The Path Forward
The I-Quartet Model of AnadoluJet

Epilogue: Where Is Our Next Journey?
Appendix A: Scholarly Readings on Supply Chain Risk
Appendix B: Biography of Executives




Titel: Risk Intelligent Supply Chains
Untertitel: How Leading Turkish Companies Thrive in the Age of Fragility
EAN: 9781466504479
ISBN: 978-1-4665-0447-9
Format: Fester Einband
Herausgeber: Taylor and Francis
Genre: Management
Anzahl Seiten: 289
Gewicht: 544g
Größe: H234mm x B156mm
Jahr: 2013



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