In today’s challenging landscape, government agencies face mounting pressure to deliver more value with limited resources, making collaborative procurement practices essential. Yet, our study reveals a concerning reality: despite broad agreement among 70% of government buyers and suppliers on the need for greater negotiation flexibility, many procurement practices remain adversarial and risk-focused, driven by process rather than outcomes. Based on insights from over 600 contracting professionals, this analysis uncovers hidden costs and reveals a potential to modernize procurement practices, that in turn would reduce costs by as much as 13.3%, translating into $100 billion in savings. 

Wolf Stake Consulting LLC Proudly Supports the Launch of Resilinc Academy

We are thrilled to announce that Wolf Stake Consulting LLC has contributed to the design and development of the newly launched Resilinc Academy! This innovative platform is designed to empower businesses by providing critical insights and training on supply chain resiliency, equipping them to navigate today’s complex and ever-changing market landscape.

At Wolf Stake Consulting, we are committed to driving impactful solutions, and being part of this project is a testament to our dedication to innovation and strategic development in the supply chain industry.

We extend our congratulations to the Resilinc team for bringing this vision to life and are proud to have played a role in making it happen. We look forward to seeing the Resilinc Academy continue to help organizations build stronger, more resilient supply chains for the future. - September 2024

Order your copy of Bioinspired Strategic Design today by clicking HERE!

Organizations are commonly thrust into hostile operating environments where they are required to make strategic decisions that involve significant and costly tradeoffs. Such hostile environments may be endemic such as an economic recession or idiosyncratic such as a predatory action by an adversary. Many features of such hostile environments parallel those of living organisms that also demonstrate fine-tuned strategies to improve their survivability under adverse conditions. How can organizations use these “bioinspired strategies” to survive, and even potentially innovate?

This book shows that the same three capabilities essential for the survival of living organisms in harsh environments – efficiency, resilience, and prominence – are also critical for organizations in their process of navigating through their own hostile environments. Throughout the book, the authors provide organizational executives with a systematic framework for thinking about strategic decision-making in a hostile environment leaning on analysis of real-world cases to draw out ontologies and methods for guiding their teams through disruptions, change management, innovation, and process improvements.

Generative AI can help organizations overcome inherent shortcomings in conventional processes for performing contingency scenario planning. This article explores how the technology can do that and provides an example: a simulation that the authors conducted.