•  
  •  
 

Abstract

Purpose - Subject paper examines the international business risk of terrorism’s impact on the focal firm’s supply chain operations, as proliferated by the acceleration of globalization, via a fundamental review of pertinent country- and firm-level considerations shaped by global environmental factors. Subsequently, a managerial risk assessment and mitigation planning framework is presented for the supply chain executive’s pragmatic use.

Design/methodology/approach – Broad evaluation of contemporary viewpoints precedes a risk assessment and mitigation planning framework from the supply chain executive’s point-of-view.

Findings – While observed research found the probability of the risk of terrorism to be low, the severity (impact) of such a risk is quite substantial. By and large, contemporaries suggest a combination of public-private partnerships to proactively lessen its likelihood and the implementation of operational redundancies (assets and infrastructure) to minimize its impact to ongoing business operations. Yet, supply chain executives need a pragmatic framework to adequately assess its individual situation in order to develop an appropriate risk mitigation plan.

Originality/value – Provides an essential supplementary framework for inclusion in a firm’s broad supply chain risk assessment and management strategy. Although the paper is focused on the U.S., it has global implications.

Series Virtual Image Empty

Preferred Citation Style (e.g. APA, MLA, Chicago, etc.)

APA