Ex US UN ambassador on virus outbreak

The video discusses the impact of global supply chains and the importance of ensuring local stability first. It explores strategies for handling supply chain disruptions, such as working from home and leveraging technology. The speaker emphasizes the importance of communication and planning for worst-case scenarios to reassure employees. Finally, the video highlights the need for foresight in logistics and attracting manufacturing companies.

What is the primary lesson about global supply chains mentioned in the first section?

• Rely entirely on external suppliers.

• Ignore local issues in favor of global ones.

• Focus solely on international markets.

• Ensure everything is stable at home first.

What should companies consider if their supply chain experiences a shutdown?

• How to increase production immediately.

• How to ignore the problem.

• How to blame external factors.

• How to work remotely and use technology.

How can technology assist during a supply chain disruption?

• By increasing dependency on manual processes.

• By replacing all human workers.

• By eliminating the need for communication.

• By facilitating remote work and process automation.

Why is it important to communicate with employees about worst-case scenarios?

• To increase their workload.

• To provide them with comfort and reassurance.

• To avoid discussing potential issues.

• To confuse them about the company's plans.

What role does foresight play in attracting manufacturing logistics companies?

• It complicates the decision-making process.

• It aids in planning and attracting new business.

• It is irrelevant to business operations.

• It helps in ignoring potential risks.