In this episode, Steve Durbin sits down with Stephanie Forbes, CEO of the Forbes Group and author of Global Wealth, Local Impact, to explore what history’s great trading empires can teach today’s business leaders.
They cover supply chain governance, supplier fraud, negotiation strategy, and why cross-functional collaboration is the real competitive advantage in volatile markets. Stephanie makes a compelling case that the principles keeping commerce moving for centuries are exactly what boards need to be asking about right now.
$4.2 trillion is lost through supply chain fraud globally every year. The board needs to occasionally come down from 50,000 feet and ask: what am I missing here?
Key Takeaways:
- Audit, negotiate, and verify. For organisations of any size, those three levers will always yield results, even when full-scale governance programmes aren’t feasible.
- Cost is rarely the real supply chain problem.
- Boards should be asking three questions: what happens if our number one supplier stops delivering tomorrow, are we missing key compliance documents, and are there geopolitical risks we haven’t stress-tested?
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