Recent events have underlined how important it is for leaders to create redundancy. Global reliance on a single source of production, for any asset — as with microprocessors and natural gas, has proven to be disastrous for corporations and their customers. This is a timeless leadership lesson: Becoming overly reliant on any single source, provider, or supplier is a dangerous way to lead.
Avoid Over-Reliance on a Single Source
Avoid Over-Reliance on a Single Source
Avoid Over-Reliance on a Single Source
Recent events have underlined how important it is for leaders to create redundancy. Global reliance on a single source of production, for any asset — as with microprocessors and natural gas, has proven to be disastrous for corporations and their customers. This is a timeless leadership lesson: Becoming overly reliant on any single source, provider, or supplier is a dangerous way to lead.