article thumbnail

Crisis Management in the Digital Age: Lessons for 2024’s Unpredictable Economy

N2Growth Blog

Digital technology has become a guiding light in these uncertain times, taking on a more prominent role in companies’ strategic plans. Technology, therefore, is not merely a convenient tool but an essential commodity that requires strategic allocation and management in the modern business landscape.

article thumbnail

Crisis Management Essentials

Tanveer Naseer

Daniel is the IBM Professor of Regulation and Competitive Practices at the Kellogg School of Management at Northwestern University and the director of the Ford Motor Company Center for Global Citizenship. Business, it seems, has entered the age of crisis. Second, the crisis is misunderstood.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Crisis Management: The Ultimate Test of a Leader | In the CEO.

In the CEO Afterlife

Crisis Management: The Ultimate Test of a Leader. Ever since the Tylenol tampering recall of 30 years ago, the performances of companies in crisis have come under public scrutiny. Ever since the Tylenol tampering recall of 30 years ago, the performances of companies in crisis have come under public scrutiny.

article thumbnail

Marketing Success | N2Growth Blog

N2Growth Blog

Those of you familiar with this blog know that I’m generally a strong marketing advocate. That said, my typical pro-marketing position assumes that certain key fundamentals are in place to insure that the lunatics don’t somehow become in charge of the asylum.

Blog 303
article thumbnail

How you treat your Employees will determine the FATE of your company

Brigette Hyacinth

I am saddened to see so many companies quick to terminate employees—companies making profits, who don’t have to terminate staff and still choose to do so. Some companies have been extraordinary. Any effort a company is putting to keep their staff will go a long way in sustaining the culture and brand.

Company 115
article thumbnail

Strategies for Overcoming Crisis in The Hospitality Industry

Strategy Driven

The Covid-19 pandemic is one obvious example of an uncontrollable crisis affecting almost every industry in one way or another. While many wise businesses will have a crisis management strategy in place, it’s a situation few could have directly planned for. The hospitality sector has been among the hardest hit.

Crisis 123
article thumbnail

Succession Planning: Not Just for Older Leaders

N2Growth Blog

In the most recent turn of events, Blackstone Group withdrew its bid for the company after making the determination that Dell’s future and the PC industry looks bleak. Throughout all this I cannot help but ask what seems to be a fundamental underlying question about this company, and that is, who should lead Dell going forward?

Planning 382