"Ciclo: Gestionar la crisis: estrategias empresariales para enfrentarse a la crisis económica", en colaboración con IE Business School Vinod Singhal Georgia Institute of Technology. Atlanta. EE.UU. Madrid, 26 de mayo de 2010

1. Global Supply Chain Management In a Changing World Economic Environment Vinod R. Singhal College of Management Georgia Institute of Technology Atlanta, GA, 30332 E-mail: [email_address] Instituto de Empresa - IE Business School Madrid, Spain

5. Obstacles to addressing risks Survey done by Harris Interactive in 2005 .

9. Responsibility for disruptions

10. Reasons for disruptions

12. Stock market reaction to disruption announcements

13. Comparison with stock market reaction to other corporate events Financial events Stock splits 3.3% Open market share repurchase 3.5% Proxy contest 4.2% Increasing financial leverage 7.6% Decreasing financial leverage -5.4% Seasoned equity offerings -3.0% Marketing events Change in firm name 0.7% Brand leveraging 0.3% Celebrity endorsement 0.2% New product introduction 0.7% Affirmative action awards 1.6% Information technology events IT Investments 1.0% IT problems -1.7% Operational events Increase in capital expenditure 1.0% Increase in R&D expenditure 1.4% Effective TQM implementation 0.7% Internal corporate restructuring 1.0% Decrease in capital expenditure -1.8% Plant closing -0.7% Automotive recalls -0.5%

14. Average stock returns over different intervals

15. Average stock returns over three years

16. Volatility changes On average 21% increase in volatility

18. Profitability impacts of disruptions

19. Profitability impacts of disruptions

26. Debra Elkins: A framework for Business Interruption Risk Analysis: GM Research Lab Paper

34. Back up Slides

38. Debra Elkins: A framework for Business Interruption Risk Analysis: GM Research Lab Paper

54. Profitability impacts in the year after the disruption

55. Profitability impacts in the 2 nd year after the disruption