N2Growth Blog

APRIL 19, 2024

Engaging in risk management and scenario planning is also paramount. It is important to create detailed emergency plans that cover various potential outcomes, such as supply chain disruptions, sudden shifts in demand, or regulatory changes.

Crisis Management 414

Crisis Management Crisis Management Uncertainty 414

N2Growth Blog

SEPTEMBER 29, 2016

In their annual survey on the management and planning tools used by thousands of companies around the world, Bain and Company show a consistent and deserved popularity of scenario planning. Those who know scenario planning know that its value isn’t in “predicting the future.” Some companies do.

Scenario Planning 150

Scenario Planning Strategic Planning Planning Budgeting 150

Lead Change Blog

APRIL 4, 2016

Scenario planning, a strategy first employed by Royal Dutch Shell, brings experts from a wide range of fields together to discuss actions if different scenarios take place. Scenario planning allows you to think out—in advance—various options.

Scenario Planning 150

Scenario Planning Airlines Leadership Fashion 150

Center for Creative Leadership

JUNE 22, 2020

What makes strategic leadership different than leadership in general? Effective strategic leadership – and the ability to solve strategic leadership challenges – requires different skills and perspectives than those required by day-to-day operational leadership. The Importance of Strategic Leadership Today.

Leadership 106

Leadership How To Long-term Short-term 106

N2Growth Blog

DECEMBER 16, 2023

The concept delves more deeply than mere regulatory compliance, stretching towards a proactive approach that involves risk anticipation, scenario planning, and sound decision-making processes. The strength of governance can be significantly amplified with the employment of a dedicated leadership team.

Compliance 243

Compliance Ethics Efficiency Metrics 243

Leading Blog

DECEMBER 15, 2020

Different from experiments that “reveal immediate internal features of a complex system, scenarios explore where the internal organization meets the external environment, where uncertainties lurk beyond anyone’s control.”. Scenario planning always surfaces conflict and there is always a moment when everything seems to fall apart.

How To 381

How To Scenario Planning Uncertainty Influence 381

Next Level Blog

APRIL 20, 2021

It’s as true in business and leadership as it is in yoga and the rest of life. Part of the work of leadership right now is to have the patience to bring people together to do some scenario planning and diagnostic work on how the world and your marketplace has changed during the pandemic.

Scenario Planning 246

Scenario Planning Learning-by-Doing Executive Coaching Follow-up 246

The Horizons Tracker

SEPTEMBER 28, 2022

As Don Moore and Max Bazerman explain in Decision Leadership, they’re able to look at data objectively; avoid being misdirected by those who seek to deceive; are aware of things that appear too good to be true; and are generally able to think a few steps ahead.

Game Theory 85

Game Theory Scenario Planning Diversity Document 85

Leading Blog

NOVEMBER 23, 2018

Engaging in scenario planning or gaming is not to make accurate predictions, but “the very act of trying to imagine alternatives to the conventional view helps you perceive your options more clearly.” To make good decisions, we need to make those kinds of imaginative leaps. Johnson prescribes simulations to do just that.

Cost-Benefit Analysis 302

Cost-Benefit Analysis Scenario Planning Storytelling Objective 302

Skip Prichard

DECEMBER 9, 2021

Leadership Tip: Great communicators start by asking “What story does my presentation want to tell?” In the depths of the COVID-19 lockdown, executives at Salesforce developed a long-term scenario-planning tool to help enterprise customers rediscover their decision-making confidence in a world turned upside down.

Storytelling 131

Storytelling How To Audience Scenario Planning 131

Harvard Business Review

AUGUST 16, 2024

Just as archers practice visualization and cognitive reframing to manage stress and maintain composure in challenging situations, leaders can also use scenario planning and self-talk to become more resilient.

Training 25

Training Scenario Planning Stress Energy 25

In the CEO Afterlife

SEPTEMBER 12, 2011

Leadership. by John • September 12, 2011 • Human Resources , Leadership , Strategy • 4 Comments. Not many years after the Tylenol fiasco, a massive batch of sour coffee that made some people nauseous became my ultimate test of leadership. Leadership. In the CEO Afterlife. Main menu Home. Did you like this?

Crisis Management 268

Crisis Management Crisis CEO Management 268

HR Digest

OCTOBER 7, 2020

Hiring managers must consider scenario planning to surmise all possible outcomes and device strategies to address each of these different possibilities. This workforce strategy may motive employees to learn new skills, and at the same time give them a sense of job security. Managing workforce in times of disruption.

Management 98

Management Supply Chain Crisis Scenario Planning 98

Harvard Business Review

MAY 2, 2018

Through his unique lens, he came to create what we know as scenario planning — a widely used strategic planning practice that now spans all sectors. An HBR contributor, he wrote two seminal articles about Shell and scenario planning in 1985. Planning well, in his estimation, required “training the mind.”

Scenario Planning 13

Scenario Planning Strategic Planning Kleiner Management 13

CO2

JANUARY 2, 2011

The Empathy Map looks like this: In this chapter the authors walk you through processes to arrive a enhanced design like Customer Insights, ideation, providing an introduction to the value of visual thinking, how to use prototyping, story telling, and Scenario Planning.

Business Model 141

Business Model Executive Coaching Execution Blog 141

Innovation Excellence

DECEMBER 10, 2019

One issue has been on my mind for quite some time. Let me share with you a key learning from my innovation work in and with diverse companies over the years. It can be termed pretty catchy as: Window of Corporate Opportunity. In brief, this notion can be delineated as follows: Sustainable, effective and impactful corporate innovation.

Innovation 79

Innovation Diversity Scenario Planning Company 79

Strategy Driven

OCTOBER 25, 2013

Next comes Crisis Planning. What-if scenario planning is similar to the processes utilized in overall company strategic planning and visioning. The crisis plan must be part of the bigger process, not an adjunct or afterthought.

Crisis Management 75

Crisis Management Crisis Risk Management Budgeting 75

Strategy Driven

NOVEMBER 2, 2012

Have you done scenario planning of measures beyond your immediate control, i.e. external factors which profoundly impact your livelihood? He guides companies through growth strategies, visioning, strategic planning, executive leadership development, Futurism and Big Picture issues which profoundly affect the business climate.

Strategic Planning 66

Strategic Planning Budgeting Planning Competitive Advantage 66

Harvard Business Review

OCTOBER 6, 2014

This isn’t a retread of scientific management , nor is it an updated take on scenario planning. Scientific management and scenario planning, while forward-thinking, rely on information that’s in the rear view mirror. Information & technology Leadership Strategy' It’s an entirely different animal.

Strategy 12

Strategy Scenario Planning Scientific Management Supply Chain 12

Harvard Business Review

OCTOBER 25, 2012

Scenario planning is impossible. They told me that in the world where there are no precedents, you have to trust your own judgment. There are multiple ways of getting around each challenge, and a variety of consequences that can come from your actions. So instead you simply move forward in the way you know in your heart to be right.

Uncertainty 15

Uncertainty Scenario Planning Media Planning 15

Harvard Business Review

JUNE 15, 2018

Real-time data, unquestioned accuracy, relentless customer focus, process excellence, and analytical leadership underlie the control tower operations of these retail operations. Similarly, a steel company built a customized scenario-planning tool into its control tower platform that increases supply chain responsiveness and resilience.

Supply Chain 8

Supply Chain Management Retail Technology 8

Harvard Business Review

OCTOBER 31, 2016

Sure, the value of an in-depth discovery phase; comprehensive, quantitative, and qualitative research; stakeholder interviews; scenario planning; and alignment are undisputed. And how often have you crafted a meticulous three-year strategic plan, only to have it become obsolete after a few months, or even weeks?

Agility 8

Agility Strategy Short-term Long-term 8

Harvard Business Review

JANUARY 6, 2011

No country or bloc seems to want to take on the burden of global leadership. For example, when it comes to preparation for a possible showdown involving North Korea, there has been no discussion or scenario planning between American and Chinese top brass — not a recipe for good crisis management.

Politics 15

Politics Gordon Scenario Planning Globalization 15

Harvard Business Review

MARCH 28, 2017

This revealed five essential leadership and organizational capabilities: discipline and focus, agility, connectivity, openness and transparency, and empowerment and alignment. Agile businesses run planning and execution in parallel, investing in scenario planning so they can act promptly when opportunities arise.

Organization 8

Organization SPM Content Agility 8

Harvard Business Review

MAY 2, 2016

Mindfulness meditation — the practice of cultivating deliberate focused attention on the present moment – has caught on as a way to bring focus, authenticity, and intention to the practice of leadership. Explore alternative scenarios: It’s also possible to inject an element of mindfulness without meditating at all.

Strategy 8

Strategy Goleman Strategic Planning Parcell 8