Harvard Business Review

APRIL 15, 2024

From the takeoff and landing of a space shuttle to managing uncontrollable bleeding in the operating room, there are vital lessons to be learned from these industries and adapted into others. Start by proactively envisioning worst-case scenarios through brainstorming sessions, scenario planning, and risk assessments.

Health Care 23

Health Care Uncertainty Scenario Planning Brainstorming 23

Center for Creative Leadership

JUNE 22, 2020

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. Operational leaders must meet short-term targets, master their functional area, and create stability for focused execution. Think strategically.

Leadership 106

Leadership How To Long-term Short-term 106

Strategy Driven

OCTOBER 25, 2013

Crisis management is so much more than handling of the media. We therefore mounted a full-scope crisis management initiative that focused heavily on after-the-crisis help for the victims and their families. Another energy industry client operated coal mines. There are three aspects to Crisis Management and Preparedness.

Crisis Management 75

Crisis Management Crisis Risk Management Budgeting 75

Harvard Business Review

JUNE 15, 2018

The supply chain is the heart of a company’s operations. To make the best decisions, managers need access to real-time data about their supply chain, but the limitations of legacy technologies can thwart the goal of end-to-end transparency. However, those days may soon be behind us. Insight Center. Competing in the Future.

Supply Chain 8

Supply Chain Management Retail Technology 8

Strategy Driven

NOVEMBER 2, 2012

Questions to follow in Budgeting as part of Strategic Planning and Visioning processes include: Does this process increase your accountability to funding sources and to the public? Are budgeting measures used to manage performance? Is the performance management system focused upon outcomes? Collaborate with others.

Strategic Planning 66

Strategic Planning Budgeting Planning Competitive Advantage 66

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. This final chapter puts it all together.

Business Model 141

Business Model Executive Coaching Execution Blog 141

Harvard Business Review

AUGUST 13, 2012

A terrorist incident, a breakdown of the London rail system, power blackouts, volcanic ash clouds , flooding, an outbreak of infectious disease—the London organizing committee (LOCOG) and the International Olympic Committee (IOC) spent years thinking about every scenario they could imagine.

Risk Management 15

Risk Management Management Committee Insurance 15

Harvard Business Review

AUGUST 30, 2017

Not Operating at Your Peak. They have to manage their brain’s energy demands , timing their work so that their energy levels peak only when necessary. This management of energy often requires switching between focus and unfocus. For example, you may be strategizing on a project that requires scenario planning.

Scenario Planning 12

Scenario Planning Self-aware Energy Short-term 12

Harvard Business Review

OCTOBER 6, 2014

The restaurant chain, Olive Garden, uses predictive analytics to guide its food buying and retail staffing plans. This isn’t a retread of scientific management , nor is it an updated take on scenario planning. The company uses these insights to drive—and adapt—strategic plans for new device and service offerings (e.g.,

Strategy 12

Strategy Scenario Planning Scientific Management Supply Chain 12

Harvard Business Review

MAY 29, 2017

and European elections, to management of the Syrian War, it’s clear that relations between the West and Russia have become increasingly hostile. This environment is altering how multinational firms operate in the country and market their products. Jennifer Maravillas for HBR. ” Similarly, hours after the U.S.

Policies 9

Policies Supply Chain Politics Long-term 9

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. In some ways, the UK in this Brexit environment resembles the uncertain operating environment of some emerging markets. Understand possible scenarios.

Planning 8

Planning Supply Chain Strategic Planning Workshop 8

Harvard Business Review

OCTOBER 6, 2014

The restaurant chain, Olive Garden, uses predictive analytics to guide its food buying and retail staffing plans. This isn’t a retread of scientific management , nor is it an updated take on scenario planning. Strategy-making can now happen in real time. It’s an entirely different animal.

Strategy 8

Strategy Scenario Planning Scientific Management Supply Chain 8

Harvard Business Review

NOVEMBER 1, 2011

For example, sometimes when a senior manager makes a request, it causes a cascade of activity that is far beyond what she intended. To minimize their negative impact, there are two steps that managers can take: Plan ahead (as much as you can). Author's Note: My colleague Holly Newman contributed ideas and research for this post.

Airlines 14

Airlines Supply Chain Scenario Planning Travel 14

Harvard Business Review

FEBRUARY 14, 2011

Although it is too early to tell if Tunisia and Egypt will prove the exceptions rather than the rule when it comes to dramatic political transitions in the Middle East, multinationals operating in the region have already faced significant losses.

Strategy 14

Strategy Politics Short-term Long-term 14

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

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. This age is ripe with opportunity. They are also prepared to take risks.

Organization 8

Organization SPM Content Agility 8

Harvard Business Review

APRIL 3, 2015

It would be an antidote to the insularity that so many boards are criticized for, and a useful complement to the simulations and war-game tools that help with scenario planning and anticipating competitors’ moves. How tools are changing the way we manage, learn, and get things done.

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. But it’s also possible to build mindfulness directly into planning exercises. It can’t hurt.

Strategy 8

Strategy Goleman Strategic Planning Parcell 8

Harvard Business Review

JANUARY 31, 2013

We see advances in materials, processes, and information technology that will make possible entirely new kinds of products and can radically alter how manufacturers operate. For example, in a world of rising and complex risk, they will need to adopt planning systems that don't rely on point forecasts, but use scenario planning.

Globalization 9

Globalization Supply Chain Pharmaceuticals McKinsey 9

Strategy Driven

JANUARY 8, 2019

For me, the ideal timeframe for futurist thinking is 5-10 years, because although no one can successfully predict the future, in this window you are more likely to be able to clearly see where things are going according to current operating models.

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

JANUARY 14, 2015

In 2013, we conducted a number of interviews and surveyed 270 female managers in Fortune 500 organizations to determine what they liked and disliked about business meetings. On the other, they acknowledge that it’s all but impossible to operate above the political fray. She was repeatedly passed over for choice assignments.

Politics 8

Politics Strategy 360-Degree Feedback Mentor 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.

Supply Chain 9

Supply Chain Depreciation Uncertainty Marketing 9