Risk Intelligent Supply Chains

Praise for the Risk Intelligent Supply Chains

This is an amazingly timely and lucidly written book focusing on a topic of extreme importance. Even though this book is dealing primarily with Turkish industries, it is a must-read for supply chain specialists anywhere in the world.   

–Michael L. Pinedo, Julius Schlesinger Professor of Operations Management, Leonard N. Stern School of Business, New York University

Like a great classical composer, Professor Haksöz masterfully scores the four necessary voices of evermore critical risk intelligent supply chains (RISC) through his innovative and actionable I-Quartet Model–Integrator, Inquirer, Improviser, and Ingenious.  Supply chain executives, take note!

–Brian W. Hagen, Ph.D., Managing Director of Decision Empowerment Institute

 

Through a number of fascinating case studies of some of Turkey?s most successful companies, this book offers important new insights into how to best manage supply chain risk in these times of global uncertainty.

–Fatih Birol, Ph.D., Chief Economist and Director of Global Energy Economics, International Energy Agency

 

This is an excellent and thought provoking book. Çağrı makes a compelling case for why top management should proactively manage supply chain risks to survive in a global and intensely competitive market. The operationalizing of the concept of ?risk intelligent supply chain? is very clear and rational and provides a framework that managers can use to develop supply chain risk management capabilities.  The case studies of Turkish companies provide actionable takeaways in managing supply chain risk.  It is a must read for practitioners and academicians.

–Vinod SinghalBrady Family Professor of Operations Management, Scheller College of Business, Georgia Institute of Technology

 

Supply chain management is one of the key concepts that improve the competitive advantage of a company substantially. Moreover, it is one of the most critical areas in management which determine the success and failure of a company in today’s highly competitive and volatile environment wherein information moves very fast. Companies have to find ways to improve customer services while at the same time bringing down costs. Corporate managements also need to work on risk management issues throughout the company involving all the operational processes and financial issues. This book introduces Risk Intelligent Supply Chain Model (I-Quartet Model) which I found very applicable and useful. The model is explained in detail throughout the book and various roles that a risk intelligent supply chain plays under different conditions and their interrelations are examined. These four roles are; Integrator, Inquirer, Improviser, and Ingenious which are explained in the book in a very innovative and practical way. Last part of the book consists of case studies from Turkish companies. This part is written in an interview format which improves the clarity of the concepts. Last part also helps the reader to familiarize himself/herself with various industries covered in the book. I recommend the book to all practitioners.

–Zafer Kurtul, CFACEO and Board Member, Sabancı Holding, Turkey

 

Professor Haksöz has made a strong contribution to the study and practice of risk management.  He presents a coherent framework for approaching the myriad risks faced by enterprises competing in an increasingly interdependent global marketplace.  The analogies he draws between adaptive supply chains and natural ecosystems display his profound understanding of these complex processes.  The connections to art, music, history and philosophy are similarly insightful.  Finally, the examples of I-Quartet in practice at leading Turkish companies provide concrete context for application of his theoretical model.  Risk Intelligent Supply Chains is an excellent resource for students, academics and practitioners.

–Seth HoffmanVice President and Chief Compliance Officer, American Investment Services, Inc.

 

Çağrı Haksöz has written an important and original book. Risk Intelligent Supply Chains is a pioneering study that clearly elucidates the interrelated issues of risk and supply chains. In this timely and well-written book, Haksöz competently shows how leading Turkish companies manage risk in their supply chains. Çağrı Haksöz combines a deep understanding of supply chains and Turkish industry to produce an outstanding book that illuminates both theoretical and implementation questions applicable to a wide cross-section of industries and companies world-wide.

Ömer S. Benli, Associate Dean, College of Business Administration, California State University, Long Beach

 

 Risk Intelligent Supply Chains is a thoughtful and timely book dealing with the topic of supply chain risk management in the context of emerging markets, interspersed with compelling data, metaphors, examples, and case studies. The strategic framework proposed is thought provoking and worthy of reflection by supply chain strategists. In presenting his thesis and field research, Çağrı Haksöz tells us insightful stories about managing risk in supply chains in emerging markets. The case studies and ideas presented in this book will be useful not only to managers and business students in Turkey but also to those in other emerging markets and MNCs seeking to enter such markets.

–Vishal Gaur, Professor of Operations Management, The Johnson School, Cornell University

 

While global corporations have been snatching Turkish executives, to tap into their expertise in dealing with geostrategic fragility, Mr. Haksöz finds a way to analyze their innovative techniques, to develop a unique model for risk intelligence. As an executive, managing US, Turkish and Indian operations, I find I-Quartet model appealing to emerging as well as developed markets.

–İlhan Bağören, CEO, Telenity, Inc. 

 

 Coming from an operational and quantitative background, I found Çağrı Haksöz’s original look at strategic supply chain risk management revealing, informative and full of actionable lessons. Risk Intelligent Supply Chains with Turkish backdrop is captured vividly and skillfully, bringing together as disparate and diverse areas as history, art, nature, politics, literature, music (my favorite), and of course, business. Breaking away from the books that focus on one thing at a time, Çağrı’s observant mind and his cross-cultural upbringing produce us a creative way of integrating ideas, research, teaching, and arguably more importantly, practice. Reading the refreshing, Charlie Rose style conversations with executives, I no longer wonder why Turkish economy is thriving at a time and in a region where crisis and stagnation are the norm, showing the underpinnings of the good old method of achieving prosperity, one company, one sector, one citizen, at a time. In fact, I would argue that Çağrı’s book is a counterexample to the impossibility of teaching wisdom: He achieves the impossible masterfully by distilling the wisdom of risk intelligent supply chains for the rest of us!

–Erhan Kutanoğlu, Associate Professor of Operations Research and Industrial Engineering, The University of Texas at Austin

 

Haksöz’s book is a good reference for risks in supply chains and addressing these in real-life.  The book has two main sections: theory and practice. The practice section has the refreshing approach of presenting interviews with supply chain executives and thereby provides us with unfiltered information that cannot be found anywhere else. This approach and information both differentiate the book from others.  The book focuses on supply chains of companies headquartered in Turkey. Hence it is relevant for professionals working at or with Turkish companies or in other emerging markets.

–Metin Çakanyıldırım, Associate Professor of Operations Management, Navin Jindal School of Management, The University of Texas at Dallas

 

There are lots of books and proceedings on supply chains. But this book is different in the sense that it brings the concepts of fragility and resilience to the attention of scientific community. It answers the question of how to become a risk aware supply chain. I really enjoyed reading this book and strongly recommend it for everyone working in this field.

İhsan Sabuncuoğlu, Professor and Chair, Industrial Engineering, Bilkent University, Turkey

 

In a quickly getting smaller world with intense and complex relations between companies and suppliers, and partners, the largest risk is not to have the intelligence of risk. To understand all dimensions of risks in a complex supply chain and to manage them -while taking care of financial, physical and geographical conditions- now needs Risk Intelligent Supply Chain (RISC) mindset. In the presence of intense data flow, today’s world now has more unknown and unknowable risks because of global warming, long term and wide-based financial crises, wars, etc. More capacity is needed to understand and interpret this data flow and take necessary steps to manage global risks. Professor Haksöz based on his observations of natural ecosystems starting from childhood and his belief in the historical upbringing of Turkish people ?honed during migratory journeys from Central Asia to Turkey?demonstrated how Turkish companies understand and manage risks in order to create the 16th largest economy of the world. This gripping book should be kept under the hand of every manager.

 –Ender Yılmaz, Treasury Operations Vice President, Akbank, Turkey