"For decades, efficiency was the main decision-making criterion. Producing where it was cheapest, buying where it was most efficient, and trusting that global supply chains would ensure continuous supply. This logic delivered significant gains in well-being, but revealed vulnerabilities when faced with external shocks."
Read here (available in Portuguese) the latest opinion piece by the Dean of Católica Porto Business School, João Pinto, published in the Dean’s Corner of Jornal de Negócios.