S03E07 - Planet - Avoid HIPPOs or: Evidence-Based Management
In this episode host Daniel Helmig and AI co-host AImee emphasise the urgent need for transformative changes within organisations and governments to adapt to escalating climate-related challenges. They discuss the role of evidence-based management in fostering resilient and sustainable supply chains by integrating insights from academia. The episode explores the impact of technology, consumer behaviour, academic research, and governmental roles, highlighting strategies and real-world examples, demonstrating informed decision-making's effectiveness in addressing current and future supply chain risks.
Four Salient Points Overview:
The hosts reflect on recent climate calamities that have exposed global supply chain vulnerabilities. These events stress the need for resilient, diversified supply networks, and they learn from real-world consequences brought into focus by academic studies on climate impacts.
Evidence-based management, as discussed in the episode, leverages empirical research and academic insights to guide organizational decision-making. This approach helps avoid reliance solely on intuition or the "highest-paid person's opinion" (HIPPO).
The discussion covers the transformative role of technology, including AI, IoT, and blockchain, in modernising supply chains. The hosts emphasize consulting academic research to implement and align these technologies with sustainability goals effectively.
The episode underscores the importance of academic research in shaping governmental policies and consumer expectations. Engaging with academia provides companies and governments with insights into evolving demands and practical sustainability strategies, aligning market practices with informed, research-based approaches.