What Can We Learn From Catastrophic Failures?

Albert Einstein famously defined insanity as, “doing the same thing over and over again and expecting different results.”

With that in mind, a key question for supply chain disruptions becomes: Are we learning from past behaviors, successes, and mistakes? Are legacy resiliency management strategies responding adequately to a rapid succession of events, such as the devastating earthquake and tsunami in Japan, continuing geopolitical and social unrest in the Middle East, and a deepening debt crisis in the Euro-zone?