Strategy Driven

FEBRUARY 27, 2024

Businesses in such thriving environments often face the need to move, whether for expansion, to tap into new markets, or to enhance operational efficiency. An effective plan also involves regular progress check-ins and flexibility to adjust timelines as needed.

Tips 96

Tips Telecommunications Transportation Contingency Plans 96

Strategy Driven

AUGUST 12, 2017

If you’re never moving forwards and developing your skills, you’ll just get passed by all the other entrepreneurs that are doing just that. This is essential if you want to develop your skills as an entrepreneur. Get a marketing BBA degree or a management MBA, or any other business related degree. Photo courtesy of Pexels.

Entrepreneur 50

Entrepreneur Contingency Plans Franchising Education 50

Strategy Driven

AUGUST 8, 2019

Presently, the global tech market is estimated around $5 trillion. But by 2021, it’s estimated that the black-hat “cybercrime” market will be worth $6 trillion. Some of the biggest threats to your company are going to develop internally. Working with MSPs or internal security groups to develop best-practices can be key here.

Technology 10

Technology Contingency Plans Gordon Software 10

Strategy Driven

NOVEMBER 6, 2015

Plan for the future. When your business has contingency plans for future scenarios you will seldom be caught by surprise. Most successful businesses have planned responses to most scenarios because they took the time to think “What If”. Development of technical abilities, specialties and expertise.

Succession 50

Succession Strategic Planning Goal Budgeting 50

Experience to Lead

MAY 30, 2023

An executive leadership training program is specifically designed to help senior executives develop the skills and competencies necessary to lead at the highest levels of an organization. Executive education can help create an action plan to navigate complex business challenges and improve decision-making.

Training 52

Training Execution Leadership Emotional Intelligence 52

Strategy Driven

MARCH 18, 2016

As Joan Lewis, former P&G Global Officer and SVP of Consumer and Market Knowledge says, “Hundreds or thousands of projects are good ideas but if we don’t prune the list, they will strangle each other like weeds in a garden.”. Piloting, prototyping, and contingency planning before a change can save weeks or even years of rework.

After Action Review 50

After Action Review Rogers Contingency Plans Leadership 50

Strategy Driven

MAY 29, 2020

While you can’t completely insulate yourself from every single eventuality, there are steps you can take to ensure that you have the right insight and contingency plans in place should the worst happen. Get Protected Against Cyber Attacks. One of the biggest threats to small businesses is cyber-security.

Insurance 65

Insurance Contingency Plans Norton Crisis 65

HR Digest

MAY 12, 2024

How to Prevent This Hiring Errors Organizations need to review the market standard and their existing employee salaries for a particular role and offer to pay the employee appropriately. Creating a contingency plan and reorganizing internal staff to fill in until someone is hired will reduce the pressure to hire without proper checks.

Reputation 52

Reputation Diversity Review Process 52

Harvard Business Review

DECEMBER 26, 2014

The company should anticipate some departures and make contingency plans to appoint replacements and reach out to stakeholders. The more planning that goes into developing candidates for various future leadership scenarios, the more options a board will have for choosing a successor that best suits its strategic agenda.

CEO 15

CEO Contingency Plans Telecommunications Planning 15

Harvard Business Review

JUNE 29, 2016

How can leaders develop a specific view of the industry- and firm-level implications? ” From the map, combine various values to develop multiple scenarios. Emphasize that little is likely to change in the short term in legal and trading arrangements, although markets may be jittery until negotiation outcomes are clear.

Uncertainty 13

Uncertainty Short-term Long-term Supply Chain 13

Harvard Business Review

NOVEMBER 20, 2017

Too many companies still follow a “Plan-then-Do” approach to strategy: The organization works tirelessly to create its best forecasts about the future market and competitive landscape. Leadership then specifies a plan that it believes will position the company to win in this predicted future. Value flexibility.

Execution 8

Execution Strategy Contingency Plans Company 8

Harvard Business Review

JULY 3, 2015

It’s 2015, and by now even latecomers among multinational corporations have decided to include African countries in their emerging market portfolios. Sub-Saharan Africa is already a competitive market place. The popular perception is that many African markets are all about energy.

Long-term 8

Long-term Short-term GDP Contingency Plans 8

Harvard Business Review

MARCH 9, 2017

These pieces of advice have helped “move the numbers” as part of broad-scale corporate retention programs I’ve developed. Make friends in the business development team so that you know about the big local client projects coming up and can volunteer for them early (no business travel!). Work differently.

Stress 15

Stress Long-term Short-term Advice 15

Harvard Business Review

JUNE 2, 2015

Our supply and distribution lines were impeded; we lost market territory to war and annexation; we had to manage the impact of military mobilization of our workers, and we needed to relocate or redeploy almost a hundred employees and their families. Many foreign companies decided to write off Ukraine.

Crisis 8

Crisis Management Contingency Plans Objective 8

Harvard Business Review

JANUARY 9, 2015

Increasing inequality of income and wealth has occurred across the developed world for the past 30 years, with the majority of the gains from technology, globalization and deregulation accruing to a small minority in each country. It would provide the Fed and Bank of England with a contingency plan should their economies faced renewed shocks.

GDP 8

GDP Bond Banking Policies 8

Harvard Business Review

OCTOBER 23, 2015

You should stay in touch with departed colleagues “because those people are your advance warning” on what the job market is like and how you’ll fare should you decide it’s time to leave. “If the company is not doing something you feel proud of, you need to go to your contingency plan,” he says.

Restructuring 8

Restructuring Stress Uncertainty Long-term 8

Strategy Driven

MARCH 4, 2017

You can see the way the stock market reacts whenever an announcement or decision is made; sometimes it gets a boost, which is its way of saying ‘we approve!’, You can’t stop that from happening, but you can make sure you have the contingency plans in place so that you’re able to handle any temporary setbacks relating to stock and so forth.

Contingency Plans 50

Contingency Plans Software Trends Innovation 50

Harvard Business Review

APRIL 20, 2017

unilaterally pulls out of the Iran nuclear deal), building contingency plans, and diversifying their portfolio of markets. In the process, the firm is gaining valuable access to millions of new consumers and securing market share. Many companies are assessing their exposure to specific policy decisions (e.g., if the U.S.

Depreciation 12

Depreciation Contingency Plans Policies Marketing 12

Harvard Business Review

JUNE 20, 2017

The possibility of a contentious renegotiation of the North American Free Trade Agreement (NAFTA) has led to delayed or canceled investments in what has been one of Latin America’s most economically stable markets. Renegotiating NAFTA. So, if a company manufactures products in Mexico to export to Canada and the U.S.

Supply Chain 11

Supply Chain Depreciation Uncertainty Marketing 11

Harvard Business Review

FEBRUARY 8, 2018

Top leaders tend to focus more on status updates than on contingency planning. This means that many emerging market risks get cut from the senior leadership agenda. They did not spend as much time thinking about local events that have implications for their emerging market operations. miragec/Getty Images.

Market Risk 12

Market Risk Marketing Supply Chain Company 12