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. Without proper planning, businesses risk operational disruptions, financial losses, and a negative impact on customer relations.

Tips 100

Tips Telecommunications Transportation Contingency Plans 100

Let's Grow Leaders

SEPTEMBER 17, 2014

You need every single brain cell operating on full cylinder at times like these, not censored with fear of making mistakes. Brainstorm those possibilities and develop contingency plans. Envision Alternative Scenarios. When the future is uncertain, it’s easy to think that “anything could happen.”

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Team Uncertainty Contingency Plans Brainstorming 491

Harvard Business Review

NOVEMBER 15, 2024

Companies operating in Latin America and the Caribbean are facing a dynamic and increasingly complex political landscape. They can no longer rely on alliances with national government leaders in power or costly arbitration when things go awry. Instead, they need better strategies to manage risk.

Politics 19

Politics Contingency Plans Uncertainty Long-term 19

HR Digest

JUNE 17, 2023

By clearly articulating these expectations, employees are more likely to understand the importance of attendance and the impact their absence might have on the overall operations of the company. It is imperative to take proactive measures to maintain productivity and meet operational demands.

Absenteeism 110

Absenteeism Tips Management Contingency Plans 110

Strategy Driven

NOVEMBER 7, 2022

The agricultural industry, over the years, has seen constant evolution, and new technologies are always developing. Therefore, staying abreast of the latest developments in the agricultural industry is essential. Develop A Good Relationship With Your Suppliers. This blog post will discuss some of the most important ones.

Industry 97

Industry Contingency Plans Trends Policies 97

Leading Blog

OCTOBER 24, 2011

For their study, the authors chose a set of major companies that achieved spectacular results over 15 or more years while operating in unstable environments. Fear and worry is channeled into preparation, contingency plans, buffers and margins of safety. Empirical Creativity: Bold, creative moves from a sound empirical base.

Contingency Plans 284

Contingency Plans Collins Creativity Airlines 284

Lead Change Blog

MARCH 27, 2020

Your company will need to make major changes to remain operational. Let’s envision a scenario where the COVID-19 becomes like the flu, a seasonal illness that comes every September and lasts through March, with a vaccine that reduces the chance of illness by 50%.

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Supply Chain Short-term Strategic Planning Long-term 222

Strategy Driven

NOVEMBER 6, 2015

When you own and operate a business you need to have certain procedures for an efficient and seamless function. Sometimes the difficulty of managing your time makes for a haphazard operation. An inefficient operation results in unproductive activities which often miss the point and worse yet, result in wasted time and wasted resources.

Succession 50

Succession Strategic Planning Budgeting Goal 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. This allows you to plan resources better, and potentially redirect employees onto more urgently needed tasks.

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Insurance Contingency Plans Norton Crisis 65

N2Growth Blog

JANUARY 9, 2011

While developing an understanding of great communication skills is easier than one might think, being able to appropriately draw upon said skills when the chips are down is not always as easy as one might hope for. Communicate more effectively. Classic business theory tells leaders to stay at arms length.

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Tips Blog Learning-by-Doing Open-book 417

Skip Prichard

JULY 19, 2021

His book, Lessons from the Navy: How to Earn Trust, Lead Teams, and Achieve Organizational Excellence is loaded with advice to help all leaders aspiring to operate at the highest levels. Leadership is about showing common courtesies, caring and encouraging the growth and development of those whom you lead. Naval Hospital Rota, Spain.

Leadership 134

Leadership Crisis Learning-by-Doing Team 134

Rapid BI

OCTOBER 10, 2012

Internal communications Plan. Increasingly Human Resources (HR) or Organizational Development (OD) teams are being asked to drive and deliver internal communications, but what is an internal communications plan and how do you go about writing and applying one? Why have internal communications plans? Where are you now?

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Planning Strategy How To KPI 60

Strategy Driven

AUGUST 8, 2019

Modern businesses need cybercrime deterrent solutions to maintain the security of operations. 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. Contingency plans are necessary to sidestep such issues.

Technology 10

Technology Contingency Plans Gordon Software 10

Harvard Business Review

NOVEMBER 20, 2017

Following the company’s go-private transaction in October 2013 , Dell put in place new models for strategy development, resource allocation, and performance management. Strategy development at Dell is no longer a batch process tied to some planning calendar; it is a continuous process. Take Dell Technologies, for example.

Execution 8

Execution Strategy Contingency Plans Company 8

Harvard Business Review

OCTOBER 9, 2017

In this complex, fraught situation, people need a compassionate guide — a wise, comforting sherpa who knows the mountain, the risks of various routes, the viable contingency plans. The physician-sherpa should be a partner on the journey, not simply a medical operative, extracting formulaic rules and implements from a toolbox.

Balanced Scorecard 12

Balanced Scorecard Contingency Plans Active Listening Guidelines 12

Harvard Business Review

FEBRUARY 7, 2018

Intelligent Device Recovery Plans. Today, many companies are exposed to intelligent device risks that could harm both their own operations as well as their customers. Contingency plans must go beyond a natural disaster playbook. Yet few have formally quantified the size of their revenue at risk and potential liability.

Insurance 8

Insurance Contingency Plans Globalization Ethics 8

Harvard Business Review

JUNE 2, 2015

In my former position as Managing Director of Philip Morris Ukraine where I was based from January 2012 until February 2015, I was forced to see it as a business crisis that threatened our people, operations, and bottom line. Our Director of Operations led our special situations management team to respond to threats and constant changes.

Crisis 8

Crisis Management Contingency Plans Objective 8

N2Growth Blog

SEPTEMBER 12, 2016

It’s OK to solicit the best ideas from your people and work with them to develop strategies and solutions that can make the difference for the organization. At my firm , we help clients develop strategies and create the contingency plans needed, if certain scenarios begin to emerge. Your people are watching you.

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Contingency Plans Leadership Bottom-up Film 150

Harvard Business Review

AUGUST 13, 2012

Simulations of security incidents were rehearsed, and contingency plans for mass evacuations or emergency situations were put in place. At the start of the Atlanta 1996 Olympics, it was a catalog of minor operational and logistical problems that led journalists to start reporting on "the glitch Games."

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Risk Management Management Committee Insurance 15

Harvard Business Review

JULY 3, 2015

(Many companies separate their Sub-Saharan Africa and North Africa operations because of strong cultural, economic, and linguistic differences between the two regions.). The region’s development will likely span several decades. While Africa’s economy is on track to be worth $3 trillion by 2025 (from $1.3

Long-term 8

Long-term Short-term GDP Contingency Plans 8

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.

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CEO Contingency Plans Telecommunications Planning 13

Harvard Business Review

SEPTEMBER 12, 2017

All health systems have contingency plans and run drills for emergencies like a hurricane. However, the challenges wrought by a disaster can confound even the best-laid plans, and responding effectively requires using available resources in ways not previously considered. About 40% of dialysis centers in the area closed.)

Health Care 10

Health Care Crisis Contingency Plans Management 10

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. The key questions are about the impact on your firm’s business model, operating model, EU institutional arrangements and financial structures, and performance.

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Uncertainty Short-term Supply Chain Long-term 9

Harvard Business Review

MAY 29, 2015

Very few organizations have “a standard operating procedure” for employees taking parental time off, says Joan C. She says that some people worry that they will be “written off” once they announce their family plans. “Think about [your leave] as an opportunity to help other people develop,” she says.

Planning 8

Planning Quinn Project Contingency Plans 8

Strategy Driven

MARCH 4, 2017

It’s all good and well operating at full capacity, with the books in order and things slowly progressing just fine and dandy. 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 Innovation Trends 50

Harvard Business Review

APRIL 20, 2017

oil services provider McDermott International plans to build a fabrication yard at a Saudi Aramco shipping complex; Amazon bought the Middle East’s biggest online retailer Souq.com; and Boeing finalized its multi-billion dollar deal with Iran. Since Trump was elected, Dunkin Donuts has opened its first outlet in South Africa; U.S.

Depreciation 9

Depreciation Contingency Plans Policies Marketing 9

Harvard Business Review

JUNE 20, 2017

Multinational companies operating in Mexico are facing a great deal of uncertainty. Many of the companies we work with that have operations in Mexico have taken up scenario planning to prepare for a range of potential economic and political changes in the country that could affect their businesses. Renegotiating NAFTA.

Supply Chain 9

Supply Chain Depreciation Uncertainty Marketing 9

Harvard Business Review

FEBRUARY 8, 2018

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

Market Risk 9

Market Risk Marketing Supply Chain Company 9