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Strategies for Successful Business Finance

Strategy Driven

Effective financial management is a cornerstone of successful business operations. Here, we will delve into some key strategies for successful business finance, highlighting the importance of financial planning, efficient budgeting, smart investments, and risk management.

Finance 113
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5 Golden Rules for Managing Business Logistics

Strategy Driven

Managing your business gets increasingly more difficult as you scale it, Thankfully, there are plenty of ways to ensure that your company stays organized as long as you adopt some golden rules to help streamline your workflow and logistics processes. Proper planning is mandatory for an efficient logistics system.

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Preparing Your Business for COVID-19

Lead Change Blog

Switch your relationship management and networking to virtual venues. Anticipate that there will be major disruptions to your supply chains, particularly to your service providers. Forward-looking companies are already encouraging their employees to work from home due to the COVID-19 pandemic. You should, too.

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Why Quants Should Manage Your Supply Chain Risk

Harvard Business Review

And, when political turmoil in Egypt, Libya and elsewhere in the Mideast erupted, many businesses could only watch and wait to learn what it would mean for their supply chains. This is a concept fundamental to finance but that, for some reason, has not migrated into supply chain risk management.

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3 Emerging Market Risks Companies Should Watch for in 2018

Harvard Business Review

Top leaders tend to focus more on status updates than on contingency planning. If these events occur, they would severely disrupt multinationals’ market strategies, supply chains, and exchange-rate assumptions. Asia-Pacific: China Sea Flashpoints Could Obstruct the Global Supply Chain.

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Managers, What's Your Plan For Climate Change?

Harvard Business Review

In the wake of superstorm Sandy, we've heard story after story about the big infrastructural challenges of disaster response, crisis management , and climate change. And we've heard story after story about the storm's economic toll on supply chains and small businesses. But what about the impact on individual managers?

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The Olympics as a Story of Risk Management

Harvard Business Review

Simulations of security incidents were rehearsed, and contingency plans for mass evacuations or emergency situations were put in place. Risk management is now at the heart of the governance model for the Olympic Games and the Olympic movement, and not only because of their growing scale and complexity.