2009/04/15 
DeLoach has a refreshing new approach to risk management that is is cross-functional, integrated and adaptable in the face of constant change, simply because traditional risk management approaches are no longer adequate [ ... ]
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 I first heard of the late Per Bak and his sandpile theories when I some time back read an article by Koubatis and Schönberger (1995) on Risk management of complex critical systems. Per Bak’s “sandpile” model is as relevant to business and society as Adam Smith’s legendary “invisible hand”. [ ... ]  This book describes six reasons why firms seek to establish cooperative networks: 1) Certainty 2) Flexibility 3) Capacity 4) Speed 5) Skills and Competence 6) Intelligence. Five degrees of networks can be discerned: 1) Equal-partner network 2) Unilateral agreements 3) Dominated network 4) Virtual corporation, and 5) Strategic alliance. [ ... ]  I must admit that I knew very little, if anything, about Virtual Enterprise Networks when I started this adventure some months back, but I can now say that I am fascinated by the concept [ ... ]  This book is a welcome addition to the field of cost-benefit analysis in transportation. It contains individual contributions from 20 or so respected academics, each describing a separate field of study. I have seldom seen a fuller and more holistic approach to cost and benefits in transportation research. [ ... ]  This is an excellent book. Despite being compiled from different contributions, the overall style is clear and concise, with objectives stated at the beginning of each chapter. Although at times heavily US and homeland security oriented, this book still manages to capture me, the international audience, to the full. [ ... ]  The front cover gives the impression that this book deals with all transportation modes, or at least with air, sea and rail. It does not. The best chapter of the book is chapter 2: The Transportation System Topography, building the theoretical base for most of the book. The authors demonstrate a solid knowledge and understanding and manage to convey it in a clear and precise manner. [ ... ]  A VEN is a way for businesses to achieve virtual scale, enabling it to operate as if it possesses more resources and capacity than it actually has within its own physical organizations. [ ... ]  I am currently writing a book chapter for the book Managing Risk in Virtual Enterprise Networks: Implementing Supply Chain Principles, which is about risks in Virtual Enterprise Networks (VENs). [ ... ]  The primary purpose of this book is to collect and share various streams of research and trends in supply chain risk, predominantly from the ISCRIM (International Supply Chain Risk Management) network. [ ... ] | | |
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