Strategic Conclave Context: "Reinventing Supply Chain"
At the January 31, 2023, Supply Chain Symposium we discussed:
How and Why Supply Chains must Reinvent!
Boards and C-Suites must reinvent how they value and appreciate supply chain, how they fund supply chain, and how they include supply chain into their strategic design upfront.
Reinvention is about the three “R”s — Risk Management, Resilience and Responsiveness. Executive management and supply chain management must proactively prepare for not one black swan but a flock of black swans.
It goes beyond preparing for mega disruptions (black swans). If supply chain does not become a key component of your strategic advantage, your strategy needs a serious reinvention.
Supply chain team members must reinvent themselves, their thinking, and their mindsets. They must learn to change faster, and become more responsive as corporations and markets find themselves in business cycles that are becoming shorter and more extreme. Without agility, supply chain careers will be stunted.
About Conclaves
These Strategic Conclave series are designed for an in-depth discussion with the goal of producing tangible takeaways. The conclave provides each participant the opportunity to shape the dialog and outcome of the discussions.
The conclaves work in tandem with our larger symposiums. We do a deeper dive at the conclaves on the ideas and topics discussed at the symposiums. At the symposiums, we roll up what we have learned at the conclaves and advance the discussion.
Conclaves are a great venue to learn from peers, present new ideas, debate ideas, sharpen your thoughts and messages, and improve the articulation of your ideas. The discussions are meant to stimulate your thinking and help you solve challenges you may be facing at work, with clients and partners.