N2Growth Blog

APRIL 5, 2010

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.)

Contingency Plans 360

Contingency Plans Planning Blog Ryan 360

Strategy Driven

NOVEMBER 9, 2023

Here, we will delve into some key strategies for successful business finance, highlighting the importance of financial planning, efficient budgeting, smart investments, and risk management. Financial Planning One of the first and most critical steps in achieving business financial success is creating a comprehensive financial plan.

Finance 93

Finance Strategy Succession Supply Chain 93

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”. Strategic Plan includes provisions for refinancing, equity and debt financing.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Strategy Driven

MAY 5, 2020

They are marketers, IT specialists, inventors, accountants, security experts, website designers, human resources, and much more. For many businesses, that is a plan for what you would do to get your business back up and running after a disaster strikes. They may be useful if you have to claim on your insurance as well.

Insurance 66

Insurance Contingency Plans Document Planning 66

Harvard Business Review

NOVEMBER 9, 2012

When Thai flooding created significant shortages in the hard disc drive market, manufacturers lost millions of dollars. This is a concept fundamental to finance but that, for some reason, has not migrated into supply chain risk management. Furthermore, that cost can take two forms: accounting and economic.

Supply Chain 8

Supply Chain Chief Procurement Officer Risk Management Management 8

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 9

Supply Chain Depreciation Uncertainty Marketing 9