Thank for writing this post! You are absolutely correct about the difficulty of associating PMI with something positive due to the reputation of cigarettes. I had no idea they took fighting Climate Change so seriously. Often in the classroom, we wonder whether a business is taking to benefit the good of mankind, or whether or not they are trying to turn a profit. I see this as a dual-benefit. The fight on Climate Change will clearly impact the world for the better. In the meantime, it potentially mitigates the risk to their supply chain due to climate. As an industry that is dependent on crop growth, they will be one of the first industries impacted.
This is something I thought about for other cities not just New Orleans, especially with all the more frequent and stronger natural disasters. I think your analysis on the impact of another major event is thorough and should be taken seriously.I think your recommendations are also quite actionable not only for New Orleans, but also for another city such as New York City.
One major question I have is whether or New Orleans as a city needs to shift away from the being a city so dependent on its port. I think diversifying the industries in New Orleans more would drive major benefit long-term.
Thank you for writing this post, this is a topic that I have been thinking about since the acquisition of Whole Foods took place. One thing that I wonder about is whether or not Amazon will continue Whole Foods “locavore” ways. Another is whether or not the market (customers of Whole Foods) will react accordingly.
Amazon as a company is incredibly talented at sourcing and logistics. With that, scaling their supply chain has always been a core value at Amazon, the locavore model clearly does not fit this model since they will have to source from many smaller farms instead of national large farms. I wonder if Amazon has any interest in doing so. As Whole Foods, the expectation is that you MUST keep this model. As Amazon, I’m not so sure that they will care to anymore..
For me the next question is how will the customers of legacy Whole Foods react if Amazon moves away from this model. Only time will tell..
This is a very fascinating and thought-provoking post, thank you. When we consider how much oil is utilized in our everyday lives from transportation to food production, it’s important to realize the long-term implications of a disrupted supply chain.
Although the long-term changes that are required to aid in the fight against climate change, I am quite curious about what options Exxon Mobil has to protect its current physical infrastructure. Can they build rigs upwards? Can they build walls? Do they need to move their PP&E closer to the mainland to mitigate these risks?
Overall, I think all of the associated risks need to be addressed in order to protect our integral oil supply chain.
Thank you for writing about this topic, it is something that wasn’t planned for until a major event like this were to occur.
Previously working in the Pharma industry at Johnson & Johnson, I knew that there were major drug production in Puerto, but I didn’t realize that some of the drugs were produced and approved ONLY in Puerto Rico. I didn’t realize there was this much risk in the system. I wouldn’t be surprised if there was major implications and ripple effects throughout the world and the where ever the drugs are used.
I think your long-term solutions are well thought out and, most importantly, actionable!
Yuwa, thank you for writing about Malawi. This is a very fascinating topic – something that I would not have thought about on my own.
Along the lines of previous comments, I’d be very interested in hearing about solutions that could provide multiple benefits to Malawi. Also, are there other countries that have gone through this similar issue?
1) Foreign Aid – Financially and Food through Malawi’s protection and sustainability of their food production process
2) Building infrastructure/sources/reserves that can ensure a buffer for needed water for food production