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”. Communicate policies and procedures to employees.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Harvard Business Review

JANUARY 9, 2015

But today this malaise is most acute in the euro zone , where demand has been depressed due to counterproductive fiscal policies. The policy response to the global financial crisis exacerbated and entwined these trends still further. With fiscal remedies on the sidelines, monetary policy had to take up the slack.

GDP 8

GDP Bond Banking Policies 8

Harvard Business Review

FEBRUARY 20, 2014

Yes, there are real reasons for MNCs to be concerned about political instability in Turkey and Ukraine, and economic policies in Argentina and China – all of which have occupied front pages recently. The excessive bad debt in China’s shadow banking system, however, could lead to a real crisis.

Crisis 8

Crisis Marketing Contingency Plans Execution 8

Harvard Business Review

JUNE 29, 2016

The Bank of England will likely lower policy rates, or even adopt negative interest rates. What drives uncertainty are the magnitude and duration of these corrections; as prices guide resource allocation, their volatility and uncertainty interferes with planning and investment decisions. Run scenarios.

Uncertainty 9

Uncertainty Short-term Supply Chain Long-term 9

Harvard Business Review

FEBRUARY 6, 2013

American banks reportedly come under hostile cyberattack from Iran. to Amazon Web Services and/or other cloud providers, you need to know their security protocols and contingency plans have intensified to mission-critical. Elite media companies confirm their firewalls have been breached by successful Chinese cyberattacks.

Supply Chain 8

Supply Chain Contingency Plans Banking Globalization 8

Harvard Business Review

JUNE 16, 2017

Any company with substantial exposure to Brexit that hasn’t yet devised contingency plans to deal with a range of outcomes, including very bad ones, is about as far behind the curve as Britain’s current government seems to be right now. But a matter of ongoing policy flux can’t be approached in that fashion.

Contingency Plans 8

Contingency Plans Planning Company Uncertainty 8

Harvard Business Review

FEBRUARY 8, 2018

Top leaders tend to focus more on status updates than on contingency planning. At Frontier Strategy Group, we observed that in 2017, executives and boards paid the most attention to risks that dominated global headlines: Brexit, the Trump administration’s trade policy, cybersecurity, and, more recently, North Korea.

Market Risk 9

Market Risk Marketing Supply Chain Company 9