Supply chain disruptions, like those we're seeing now around energy supplies from the Persian Gulf, can cause long-term business and profitability impacts. Leadership skills in those tense situations can make or break a company's response to these unforeseen events. Jeff Zudock, a 35-year veteran of ExxonMobil and an expert in commercial and supply chain management, joins us to share his insights around managing a major supply disruption. Jeff shares with us details of a major incident that he worked at Exxon and the cascading series of challenges that leadership faced navigating the unexpected outage.
The stakes are high when raw materials go in short supply, and quick action is needed to avert losses that can quickly reach millions of dollars per day if manufacturing facilities are idled owing to a kink in the supply chain.
You'll hear Jeff discuss leadership principles that help guide him when leading a crisis team, and he also offers insight into best practices to avoid supply chain disruptions.
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