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- Strategies for Managing Input and Supply Chain Volatility
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The COVID-19 pandemic disrupted the world as we once knew it. Even if you have not been directly afflicted with COVID-19, its existence and the uncertainty surrounding it has probably affected your ability to achieve your objectives. This is the definition of risk. Good managers create strategies to deal with risk, even for something as extreme as a pandemic. Thinking through risk management strategies ahead of time is important because it not only prepares you for the situation, but it decreases the odds of making major mistakes in the heat of the moment . . .
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