Yossi Sheffi speaks with CIO Journal and Wall Street Journal.
“Given these constraints,” wrote MIT professor Yossi Sheffi, “the words of General Dwight Eisenhower ring true: Plans are useless, but planning is indispensable.”
Mr. Sheffi is the Director of the MIT Center for Transportation and Logistics. He’s written extensively on the critical need for resilience in global enterprises and their supply chains, - including The Power of Resilience and The Resilient Enterprise, - so they can better react to major unexpected events. Covid-19 is the kind of massively disruptive event he had in mind when he wrote those books.
“As the number of infections, hospital admissions, and deaths cycles up and down, chaotic cycles of economic rebirth and relapse will plague businesses and their supply chains,” he wrote. “Businesses face a game of global whack-a-mole, as the Covid-19 virus rears its head or subsides in the cities, states, and countries that host the far-flung supply chains on which companies rely.”