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Contingency Planning | N2Growth Blog

N2Growth Blog

This is so much the case that the most often overlooked aspect of strategic planning is adequately addressing contingencies as part of the planning process. The two most common outcomes created by a lack of contingency planning are: 1.) watching things grind to a halt as you scramble to evaluate options, and; 2.)

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Leadership Training For Executives

Experience to Lead

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. This type of work is nuanced and requires leadership skills that are often overlooked in business school. What is an Executive Leadership Training Program?

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The Big Picture of Business – Business Success Checklist

Strategy Driven

Provide leadership. 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. Focus on excellence.

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The Rise of the Not-So-Experienced CEO

Harvard Business Review

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. In the second scenario, a planned CEO departure occurs during a time of uncertainty.

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10 Communication Tips for Leaders

N2Growth Blog

Bonus - Always have a Plan B : Another component of communications strategy that is rarely discussed is how to prevent a message from going bad, and what to do when does. It’s called being prepared and developing a contingency plan. Communicate more effectively. If your expertise, empathy, clarity, etc. Thanks for stopping by.

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What It Was Like to Be a Manager in Ukraine

Harvard Business Review

Indeed, Ukraine’s troubles offered an opportunity to build the leadership capacity of my management team. To manage a crisis, the leadership team must function at its highest capacity. The cohesion of our team made it safer to discuss difficult issues, innovate solutions, and take risks. Rely on others as much as possible.

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Every Manager Is a Risk Manager

Harvard Business Review

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. But these risks also need to be managed — and if you're in a position of leadership, the act of managing them is probably up to you.