Chapter 1 Global Supply Chain networks in the Age of Fragility
DOI: 10.4324/9781315300368-2
In physics the truth is rarely perfectly clear, and that is certainly universally the case in human affairs. Hence, what is not surrounded by uncertainty cannot be the truth.
—Richard P. Feynman1
He who is afraid of the sparrow does not sow millet.
—Turkish Proverb2
1.1 Welcome to the World of Extreme Risks and Opportunities
Today, if you ask anyone living in any city on the globe, you will hear the response that there is turbulence, ambiguity, complexity, and fragility around the world in firms, markets, countries, societies, and individuals. If you run Google Books NGram Viewer3 for the key words “risk,” “complexity,” and “uncertainty” in ...
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