Weather hits utilities

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See class and model on asset strategy and a paper and model on risk/resilience, for my colleague and utility expert Bob Thurlby. More …

Recent bad UK weather has caused another round of severe damage and disconnections for households and businesses. For suppliers, increasingly frequent and serious events pose major challenges. These concern not just how to respond when events occur, but also how to set a mid- to long-term strategy for most reliable service, most resilient to ...

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Climate change and strategy

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Whether a skeptic or not, any CEO should check their strategy is OK if global warming does turn out to be real. Who, doing business in Pakistan, assessed the business risk from once-a-century flooding? ? Who, serving the Russian agriculture sector, checked the consequences from unprecedented temperatures and wild-fires? Who, planning utilities’ strategies in Europe, was ready for recent wild swings in temperature and rainfall? Unfortunately, the response of many businesses to endless ill-informed cost-pressure has left them more ...

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Business’s key role in climate change

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Shocking to hear from a former strategy advisor to the UK Prime Minister that neither current nor future Governments are likely to do anything serious about climate change because most MPs ‘don’t believe’ in it. I’m reminded of an observation by Dennis Meadows – that the public have a long-term interest, but no resources to drive change, and politicians have the resources to act, but only a short-term focus on the next election. Only the business community has both the long-term concern and the resources ...

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