For years, the manufacturing industry was built on being lean. From reducing inventory to driving down costs, everything centered around being as efficient as possible. Yet as customer expectations of ...

In this article we describe strategic risk management at the LEGO Group, which is based on an initiative started in late 2006 and led by Hans Læ ssøe, senior director of strategic risk management at ...

Strategic risk refers to the potential negative impact on a business’s strategic objectives and overall direction. It arises from various sources, including changes in the competitive landscape, ...

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