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Contingency Planning | N2Growth Blog

N2Growth Blog

This is so much the case that the most often overlooked aspect of strategic planning is adequately addressing contingencies as part of the planning process. The two most common outcomes created by a lack of contingency planning are: 1.) watching things grind to a halt as you scramble to evaluate options, and; 2.)

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From Today to Tomorrow: Ensuring Continuity through Strategic Succession

N2Growth Blog

Planning for the Unexpected: Contingency Planning in Strategic Succession In the dynamic business environment, organizations need to be ready for any unexpected changes in management or leadership. Succession contingency planning ensures an organization’s survival and growth during strain, uncertainty, or sudden change.

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8 Proven Strategies to Effectively Mitigate AI Risks in Leadership

Lead from Within

While AI can enhance decision-making, streamline operations, and drive innovation, it also brings challenges such as ethical concerns, job displacement, and data privacy issues. By doing so, they maintain a competitive edge and foster a culture of innovation.

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10 Communication Tips for Leaders

N2Growth Blog

Bonus - Always have a Plan B : Another component of communications strategy that is rarely discussed is how to prevent a message from going bad, and what to do when does. It’s called being prepared and developing a contingency plan. If your expertise, empathy, clarity, etc. I Think Not.

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Leadership Training For Executives

Experience to Lead

This can help executives build a network of contacts and develop relationships that will be valuable throughout their careers. This includes assessing the potential impact of external factors, such as changes in the regulatory environment, and developing contingency plans to mitigate these risks.

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Leadership Lessons from the Navy

Skip Prichard

Captain Mark Brouker, retired US Navy , is a wealth of practical leadership wisdom gained from his military career as well as his experience as a professor, executive coach, and speaker. Overlooking this practice results in missed opportunities to foster and encourage motivation, creativity, and innovation. Be proactive.

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The Rise of the Not-So-Experienced CEO

Harvard Business Review

The company should anticipate some departures and make contingency plans to appoint replacements and reach out to stakeholders. Some senior leaders may be disappointed that they were passed over for the top spot in favor of a more junior candidate.

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