HR Digest

OCTOBER 7, 2020

A structured strategy for managing workforce can bring consistency into overall operations during today’s challenging times by putting people first. At the heart of any organization’s talent management strategy is headcount planning to ensure that it has the right number of talent with the right skills.

Management 98

Management Supply Chain Crisis Scenario Planning 98

Strategy Driven

OCTOBER 25, 2013

Business development. Another energy industry client operated coal mines. The process of strategy development is not esoteric. What-if scenario planning is similar to the processes utilized in overall company strategic planning and visioning. Business development. Running the business.

Crisis Management 75

Crisis Management Crisis Risk Management Budgeting 75

Strategy Driven

NOVEMBER 2, 2012

Business development. Have you done scenario planning of measures beyond your immediate control, i.e. external factors which profoundly impact your livelihood? Growth, defined as increasing revenues each year (rather than improving the quality of company operations). Running the business. Body of Knowledge.

Strategic Planning 66

Strategic Planning Budgeting Planning Competitive Advantage 66

Harvard Business Review

OCTOBER 6, 2014

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. This isn’t a retread of scientific management , nor is it an updated take on scenario planning.

Strategy 12

Strategy Scenario Planning Scientific Management Supply Chain 12

Harvard Business Review

MAY 29, 2017

Interestingly, all these intrusions into business operations typically do not come from the Kremlin but from local officials who seem eager to gain the Kremlin’s favor amid instances of elevated international tensions. This environment is altering how multinational firms operate in the country and market their products.

Policies 9

Policies Supply Chain Politics Long-term 9

Harvard Business Review

OCTOBER 6, 2014

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. This isn’t a retread of scientific management , nor is it an updated take on scenario planning.

Strategy 8

Strategy Scenario Planning Scientific Management Supply Chain 8

Harvard Business Review

MAY 15, 2018

The sooner firms have a Brexit plan, the faster they can focus on managing these competitive dynamics. How to Plan for Brexit. Companies need a working group that regularly assesses Brexit impacts relative to competition, and a strategic plan for their UK business that is straightforward, flexible, and easy to track.

Planning 8

Planning Supply Chain Strategic Planning Workshop 8

Harvard Business Review

MARCH 28, 2017

Organizations can now engage with customers and employees like never before, and the virtual environment holds the potential to drive operational efficiencies, save time and money, and open the exploration of new commercial avenues. Read more from Korn Ferry: How to Develop Leaders Who Can Drive Strategic Change.

Organization 8

Organization SPM Content Agility 8

Harvard Business Review

SEPTEMBER 9, 2015

The essence of the phenomenon is the fact that each stage in the supply chain plans its capital projects and operations, including inventory levels, based on its future expectations. Macroeconomic data during the 2008 financial crisis show the bullwhip effect operating on a much broader scale. For example , U.S.

Supply Chain 8

Supply Chain Retail Crisis Operations 8

Harvard Business Review

NOVEMBER 1, 2011

One way to reinforce this assumption is to engage in scenario planning before pulling the trigger, preferably by engaging people who will be affected by the change. Knowing this in advance caused management to modify the plan and present it in a different way, avoiding a strike. Test the waters.

Airlines 14

Airlines Supply Chain Scenario Planning Travel 14

Harvard Business Review

FEBRUARY 14, 2011

Developments in the Middle East — first the removal of long-time Tunisian President Zine el-Abidine Ben Ali in January 2011 and now Hosni Mubarak's stepping down in Egypt — suggest that authoritarian regimes in the region are not immune to "people power." In terms of scenario planning , firms would think about alternative paths.

Strategy 14

Strategy Politics Short-term Long-term 14

Harvard Business Review

AUGUST 13, 2012

In the run-up to the London 2012 Olympics, for example, the global financial crisis caused private developers for the Olympic Village project to withdraw, requiring a refinancing package backed by government. Ensuring readiness for Games-time (in Olympic-speak) now involves strategic pre-emption through stress-testing and scenario planning.

Risk Management 15

Risk Management Management Committee Insurance 15

Harvard Business Review

APRIL 3, 2015

By using the technology to play the role of customer, investor, product developer, factory worker, and so on — making the kinds of choices they must make — board members could see the business (somewhat literally) from various stakeholders’ vantage points. (Some headsets really immerse you in the experience.)

Scenario Planning 8

Scenario Planning Tools Technology Compliance 8

Harvard Business Review

MAY 2, 2016

Steve Jobs, a regular meditator, made use of mindfulness practice to challenge operating assumptions at Apple and to enhance creative insight in planning. Google’s Chade-Meng Tan , has developed dozens of such workplace meditation modules that could fit neatly into planning retreats. It can’t hurt.

Strategy 8

Strategy Goleman Strategic Planning Parcell 8

Harvard Business Review

MARCH 16, 2016

It uses two currencies, the convertible Peso (CUP) valued on par with the dollar and fully tradeable, and the Cuban Peso (CUC) valued at a rate of 24:1 with the dollar, which creates severe constraints for the development of Cuba’s export sector.

GDP 8

GDP Telecommunications Scenario Planning Travel 8

Harvard Business Review

JANUARY 31, 2013

First we see major shifts in demand: developing economies such as China and India are morphing from the world's source of low-cost manufacturing capacity to the world's best market opportunities. They will not, it must be noted, alter how the role of manufacturing evolves as economies develop.

Globalization 9

Globalization Supply Chain Pharmaceuticals McKinsey 9

Strategy Driven

JANUARY 8, 2019

It’s about coming up with possible scenarios for the future given these developments. Futurists use tools that systematize these recommendations including scenario planning, environmental scanning, Delphi surveying, and individual software programs like Fibres, Futures Platform, and Athena.

Flextime 74

Flextime How To Scenario Planning Consultative 74

Harvard Business Review

JUNE 7, 2017

of the votes were in favor, providing a strong signal that climate change is an important financial risk and that shareholders want to know more about what companies are doing to transform their operations and products to remain competitive in a low-carbon world.

Tips 8

Tips Supply Chain Proposal Decentralization 8

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