In his new book, The Power of Resilience, MIT professor Yossi Sheffi looks at how businesses can anticipate, prepare for, and respond to disruptive events. How vulnerable is your supply chain? What can you do to protect it from disruptions, especially those you cannot anticipate? These questions take on more and more urgency in an age of complex global supply chains, where events in one region can disrupt the operations of businesses and their customers on the other side of the world. In his new book, The Power of Resilience: How the Best Companies Manage the Unexpected, Yossi Sheffi examines what many companies have done—and are doing—to anticipate, prepare for, and respond to disruptions that can range from earthquakes to hurricanes to cyberattacks to issues with sourcing that could harm business reputations. The book is Sheffi’s second on the topic of resilience. His first, The Resilient Enterprise, was published in 2005 in response to the 9/11 attacks. In the intervening decade, much has changed in both the landscape of supply chain risks and the implementation of corporate resiliency programs, Sheffi says. The new book looks at what companies have learned since that time and at new threats that have arisen. Sheffi, a professor at the Massachusetts Institute of Technology (MIT) and director of the MIT Center for Transportation and Logistics, discussed the new book and supply chain resilience with DCV Editorial Director Peter Bradley. This is an edited and condensed version of the interview. Q: What led you to decide it was time for a second book on the topic of resilience? A: The first book was motivated by 9/11, looking at what companies were doing to prepare for disruption. When I started work on that book, I figured I’d begin by seeing what had already been written about […]