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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

Another crucial aspect is building a pool of talented individuals closely connected to an organization’s talent management and development strategies. This includes identifying employees with high potential, supporting their professional advancement, and preparing them for future leadership positions.

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8 Proven Strategies to Effectively Mitigate AI Risks in Leadership

Lead from Within

This involves providing insights into AI’s potential and limitations, developing tailored strategies to manage these risks, and fostering a culture of ethical AI use. Establishing Ethical AI Frameworks to Mitigate Risks Developing and implementing ethical AI frameworks is crucial for mitigating risks.

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Leading Thoughts for March 9, 2023

Leading Blog

The mere act of contemplating a Plan B sets in motion a feedback loop that dramatically lessens the probability that Plan A will come to fruition. You spend too much of your emotional energy on contingency planning instead of on success.” Source: Burn the Boats: Toss Plan B Overboard and Unleash Your Full Potential II.

Quinn 314
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The Next Wave of Digital Transformation: What Leaders Need to Know

N2Growth Blog

The rapid development and widespread adoption of new technologies present both opportunities and challenges for leaders to manage. Therefore, it is essential to establish a strong digital culture by empowering employees through skill development and digital training programs.

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Discover the 4 Powerful Tactics to Build a Resilient Organization

Lead from Within

By anticipating what might happen, you can develop strategies and contingency plans to mitigate these risks. This involves developing robust plans and processes to address these challenges effectively. This involves staying informed about industry trends, emerging technologies, and potential risks.

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How Contingency Plans Cause People to Perform Worse and Try Less

Leadership Freak

Will Smith said, “There is no reason to have plan “B” because it distracts from plan “A”. Jihae Shin and Katherine Milkman, from Wharton School research found that merely thinking about a backup… Continue reading →