Month: July 2014

How The Internet Of Things Is Helping Battle Water Shortages

Just in time to do battle with the worst drought in a generation, Santa Clarita City in California retrofitted its antiquated irrigation controllers, sprinkling water throughout 700 acres of parks, medians and other cityscape and saving more than 180 million gallons of water. The new system incorporated sophisticated sensors and data analytics, using the Internet of… Read more »

ERM from the Top

Since its founding in 1895, Lincoln Electric has been a top-down driven company. John C. Lincoln launched the business with a capital investment of only $200 and a focus on electric motors. In 1911, Lincoln and his younger brother, James, hit upon the product that would define their future—the world’s first variable-voltage, single-operator, portable welding… Read more »

Political Risk and the Supply Chain

Every global risk manager is finely attuned to the weather, given the potentially devastating impact Mother Nature can have on supply chains. But another kind of storm can unravel international operations—one that effects the political climate. As this year’s events in Ukraine have vividly demonstrated, formerly stable political regimes can quickly falter and fail. Even… Read more »