A black swan is an “unpredictable event that is beyond what is normally expected of a situation and has potentially severe consequences”. The recent coronavirus issue continues to see shock reverberating through global supply chains, and climate change has created similar disruption in the last twelve months. Black swan events, while rare, often severe, sometimes obvious in hindsight, can bring down the best and most robust supply chain. Is there anything we can do to bullet-proof our supply chains from these events?
On a geopolitical and country level, politics and regulation affect how industry and business can operate. Will countries work together on issues like global climate change, the way they have on coronavirus? How can every part of our society be included? Because leaving sections behind has a strong impact on whether progress for all can be made.