The Shocking Truth Behind Empty Shelves and a Broken Global Trade System

The Future Of Work With Jacob Morgan

We’ve built a world where products appear with a click and groceries restock like clockwork...until they don’t. When the pandemic hit, it wasn’t just shelves that went empty, it was our illusions of a stable, efficient global supply chain that collapsed. And it wasn’t a freak accident, it was decades in the making. In this episode, we sit down with Peter Goodman, Global Economic Correspondent for The New York Times and bestselling author of How the World Ran Out of Everything: Inside the Global Supply Chain. Peter brings a deep, behind-the-scenes look at how global trade works, and what happens when it doesn’t. We unpack the hidden risks and questionable logic behind decades of offshoring, our blind devotion to just-in-time inventory, and a relentless pursuit of shareholder maximization at the expense of resilience.

Peter covers the untold story behind what went wrong during the pandemic and why it could happen again, why we became too dependent on China, and how consulting firms and shareholder obsession made things worse. We also dive into how AI could help (or hurt) global logistics, why nationalistic trade policies could hurt your business more than you think, and what the future of trade and sourcing looks like in a more unstable world.

________________

This episode is sponsored by Workhuman:

AI without purpose doesn’t serve people. It’s why many companies have tried, and few have succeeded.

Workhuman is one of them. With the groundbreaking release of Human Intelligence, Workhuman combines AI with real recognition data to help leaders do right by their people, and their organization.

It’s how you spot burnout before it leads to turnover. Or discover hidden strengths before they’re overlooked. It’s how you build a culture that’s not only productive—but sustainable. That’s what future-ready leadership looks like.

Learn more at Workhuman.com and see how Human Intelligence is helping the most forward-thinking companies lead with insight, empathy, and impact.

________________

Start your day with the world’s top leaders by joining thousands of others at Great Leadership on Substack. Just enter your email: ⁠⁠https://greatleadership.substack.com/