Leading Blog

OCTOBER 24, 2011

For their study, the authors chose a set of major companies that achieved spectacular results over 15 or more years while operating in unstable environments. They call these companies "10Xers" for providing shareholder returns at least 10 times greater than their industry. These 10Xers didn’t survive on chaos, they survived in chaos.

Contingency Plans 280

Contingency Plans Collins Creativity Airlines 280

Experience to Lead

MAY 30, 2023

This is to be expected; the decisions of c-suite leaders at major companies reach far into the organization’s future and can broadly impact the world at large. Executive education can help create an action plan to navigate complex business challenges and improve decision-making. What is an Executive Leadership Training Program?

Training 52

Training Execution Leadership Emotional Intelligence 52

Lead Change Blog

MARCH 27, 2020

Due to the current concerns and widespread COVID-19 pandemic, companies are in the midst preparing for business disruptions that can last for at least a few weeks—if not longer. Your company will need to make major changes to remain operational.

Supply Chain 222

Supply Chain Short-term Strategic Planning Long-term 222

Strategy Driven

NOVEMBER 6, 2015

When a company is content with being merely mediocre it may survive but it will never do extremely well. The company must have an emphasis on high standards, a desire to create and give value to customers, accountability to the employers and to your customers, and the drive to learn. Plan for the future. Focus on excellence.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Strategy Driven

MAY 29, 2018

Effective processes are how businesses develop and grow. In order to do this, it’s a good idea to have a meeting with the management team in your company and discuss what these should be. In a busy working day – it can be difficult to find the time to speak to individual employees about their role and responsibilities in the company.

Process 50

Process Contingency Plans Objective Goal 50

The Practical Leader

NOVEMBER 23, 2011

So they looked for companies that started in vulnerable positions and rose to spectacular performance in dangerously fast changing, unstable environments with major events and forces outside of their control. " They called them "10 times companies" because they didn’t merely get by or just become successful.

Uncertainty 81

Uncertainty Collins Review Books 81

You're Not the Boss of Me

AUGUST 3, 2014

The trauma brought about by such change happens every day to countless people, people without contingency plans, or any idea how they are going to cope with what has happened to them. Greenberg , Chairman of Marsh & McLennan Companies headquartered in New York, presided over a firm of 58,000 people worldwide.

Contingency Plans 69

Contingency Plans Telecommunications Uncertainty Planning 69

Strategy Driven

AUGUST 8, 2019

Some of the biggest threats to your company are going to develop internally. Working with MSPs or internal security groups to develop best-practices can be key here. Service Level Agreements, or SLAs, define what tech companies will provide for you in the event of some sort of technology issue. III: Corporate Espionage.

Technology 10

Technology Contingency Plans Gordon Software 10

HR Digest

MAY 12, 2024

Image: Freepik Common Hiring Mistakes and How to Avoid Them Recruitment error prevention is not something we think about often but there is always room for improvement in company-wide hiring procedures. The common hiring mistakes that companies make can stack up over time and sour the company’s reputation as a desirable place to work.

Reputation 52

Reputation Diversity Review Process 52

Harvard Business Review

FEBRUARY 7, 2018

Like they have for extreme weather and natural disasters, companies can begin to establish international protocols and standards to govern AI not just within their own walls, but also to put in place processes to work with other companies, insurers, and policymakers. Intelligent Device Recovery Plans. Insight Center.

Insurance 8

Insurance Contingency Plans Globalization Ethics 8

Harvard Business Review

OCTOBER 1, 2012

He left his secure and well-paying job and lived off savings to found a food company whose good-tasting but low-calorie organic products would improve diets. Brian briefly considered starting his company on nights and weekends without giving up a regular paycheck. He built a successful company and sold it at an attractive price.

Career 15

Career Management Contingency Plans Commitment 15

Harvard Business Review

DECEMBER 26, 2014

We have reviewed hundreds of corporate announcements and websites, interviewed numerous leadership experts, and conducted an analysis of CEO changes and successions over the past five years at S&P 500 and Global 100 companies. Attuned to the times, he or she has a stronger chance to uncover and release a company’s latent potential.

CEO 10

CEO Contingency Plans Telecommunications Planning 10

Harvard Business Review

JUNE 29, 2016

How can leaders develop a specific view of the industry- and firm-level implications? Industries and individual companies vary widely in terms of the impact on the uncertainties outlined above, due to their differential dependence on UK and EU production, demand and trade, global trade, regulation, and integration into EU structures (e.g.,

Uncertainty 8

Uncertainty Short-term Supply Chain Long-term 8

Harvard Business Review

NOVEMBER 12, 2012

Climate change doesn't just mean that governments and big companies will need to reassess their risk management, or make their infrastructure more resilient. Firstly, companies that handled the storm well were quick to issue a clear statement of communication early on. But what about the impact on individual managers?

Planning 8

Planning Management Supply Chain Contingency Plans 8

Harvard Business Review

JULY 3, 2015

However, many companies are not making the most of the Sub-Saharan Africa opportunity because of misconceptions about what it takes to succeed in the region. Many companies separate their Sub-Saharan Africa and North Africa operations because of strong cultural, economic, and linguistic differences between the two regions.).

Long-term 8

Long-term Short-term GDP Contingency Plans 8

Harvard Business Review

JUNE 2, 2015

To effectively manage that chaos, it’s necessary to develop the habit of continuously processing new information, playing out “what if” scenarios, calculating risk factors, and running through checklists. Many foreign companies decided to write off Ukraine.

Crisis 8

Crisis Management Contingency Plans Objective 8

You're Not the Boss of Me

OCTOBER 20, 2009

The trauma brought about by such change happens every day to countless people, people without contingency plans, or any idea how they are going to cope with what has happened to them. Greenberg , Chairman of Marsh & McLennan Companies headquartered in New York, presided over a firm of 58,000 people worldwide.

Performance Review 43

Performance Review Blog Learning-by-Doing Contingency Plans 43

Harvard Business Review

MARCH 9, 2017

based companies, I’ve spoken with hundreds of high-performing working parents, and, on the hunt for real, feasible solutions, asked the same questions again and again: What advice has been the most valuable to you over the long term as a working parent? They’ve worked for the individual professionals I’ve coached.

Stress 13

Stress Long-term Short-term Contingency Plans 13

N2Growth Blog

JANUARY 9, 2011

While developing an understanding of great communication skills is easier than one might think, being able to appropriately draw upon said skills when the chips are down is not always as easy as one might hope for. Communicate more effectively. Classic business theory tells leaders to stay at arms length.

Tips 417

Tips Blog Learning-by-Doing Open-book 417

Strategy Driven

MAY 29, 2020

While you can’t completely insulate yourself from every single eventuality, there are steps you can take to ensure that you have the right insight and contingency plans in place should the worst happen. Theft of business property is sadly a serious issue that does go on in companies of all sizes. Dealing With Natural Disaster.

Insurance 65

Insurance Contingency Plans Norton Crisis 65

Harvard Business Review

NOVEMBER 20, 2017

In our experience at Bain & Company, however, this strategy-to-performance gap is rarely the result of shortcomings in implementation; it is because the plans are flawed from the start. Leadership then specifies a plan that it believes will position the company to win in this predicted future.

Execution 8

Execution Strategy Contingency Plans Company 8

Harvard Business Review

OCTOBER 23, 2015

“Then ask yourself some hard questions, such as, ‘Once I get beyond the temporary pain of this, will I still be proud of what this company stands for? If you support the new direction your company is taking, it’s worth letting your boss know , says Coyne. Is my new role something I am equally happy and satisfied with?’”

Restructuring 8

Restructuring Stress Uncertainty Long-term 8

Strategy Driven

MARCH 18, 2016

So, how can we avoid change fatigue and organizational burnout while still moving our companies forward? Piloting, prototyping, and contingency planning before a change can save weeks or even years of rework. As a result, they are often repeating the same mistakes while using up precious company resources.

After Action Review 50

After Action Review Rogers Contingency Plans Leadership 50

Harvard Business Review

MAY 29, 2015

She says that some people worry that they will be “written off” once they announce their family plans. There is a considerable amount of paperwork and contingency planning that needs to happen and “it takes time for other people to figure out” how to manage your absence, Bailyn says.

Planning 8

Planning Quinn Project Contingency Plans 8

Rapid BI

OCTOBER 10, 2012

Internal communications Plan. Increasingly Human Resources (HR) or Organizational Development (OD) teams are being asked to drive and deliver internal communications, but what is an internal communications plan and how do you go about writing and applying one? Why have internal communications plans? Where are you now?

Planning 61

Planning Strategy How To KPI 61

Harvard Business Review

MAY 3, 2011

In other words, it's a form of proactive contingency planning — either to completely avoid difficult situations, or prepare for them so that any undesirable consequences are lessened. And that goes for unanticipated positive developments as well, for example how to cope with a sudden surge in orders.

Risk Management 15

Risk Management Management Contingency Plans Reputation 15

Mark Sanborn

MARCH 22, 2022

It is also about developing a mindset and skillset that enables team members to be confident that regardless of what happens, there is a way to respond successfully. Are your contingency plans up to date? These are the things that develop practical confidence. Planning and process to agility and experimentation.

Agility 113

Agility Contingency Plans Crisis Learning-by-Doing 113

Harvard Business Review

APRIL 20, 2017

strong opposition to the Iran nuclear deal; a ban on travelers from several Muslim-majority countries), many companies are still looking to invest in the region. Many companies are assessing their exposure to specific policy decisions (e.g., Since Trump was elected, Dunkin Donuts has opened its first outlet in South Africa; U.S.

Depreciation 8

Depreciation Contingency Plans Policies Marketing 8

Harvard Business Review

JUNE 20, 2017

Multinational companies operating in Mexico are facing a great deal of uncertainty. For example, a key source of concern for some companies is more-restrictive rules of origin, which would reduce the amount of materials allowed to be used tariff-free for products traded to and from NAFTA member countries. Renegotiating NAFTA.

Supply Chain 8

Supply Chain Depreciation Uncertainty Marketing 8

Strategy Driven

MARCH 4, 2017

While there might be plenty of directions you want to take your company in, you’ll also be subject to the whims and plans of your fellow humans, who all too often (it can feel like) have plans that are out of sync with your own. You’re probably more wrapped up in the well-being of other companies than you think.

Contingency Plans 50

Contingency Plans Software Trends Innovation 50

Harvard Business Review

FEBRUARY 8, 2018

Top leaders tend to focus more on status updates than on contingency planning. When it comes to risk in Mexico, companies are paying attention to the fraught NAFTA negotiations, but not the domestic politics that could damage business plans far sooner than any NAFTA changes. miragec/Getty Images.

Market Risk 8

Market Risk Marketing Supply Chain Company 8