Skip Prichard

JULY 19, 2021

While it’s essential that leaders proactively create contingency plans for the next crisis – identify vulnerable areas, analyze the organization’s state of readiness, provide appropriate staff training, among other important tasks – there is a famous military maxim that says, “Every plan is a good one – until the first shot is fired.”

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Leadership Crisis Learning-by-Doing Team 134

Harvard Business Review

JUNE 29, 2016

percentage points, has likely ushered in a protracted phase of uncertainty for the UK, EU, and global economies. Judging by our interactions with CEOs around the world to date, some of their burning questions are: What are the elements of uncertainty created by Brexit? The Leave campaign’s victory, with a margin of 3.8

Uncertainty 9

Uncertainty Short-term Supply Chain Long-term 9

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. And yet we do, cope I mean, under many conditions and through many challenges. Upside the Head” kinds of Change bring out the best in most people.

Performance Review 43

Performance Review Blog Learning-by-Doing Contingency Plans 43

Harvard Business Review

DECEMBER 26, 2014

In the second scenario, a planned CEO departure occurs during a time of uncertainty. Given that senior leaders often share the same worldview as the departing CEO and could prove to be out of touch with the changes sweeping through the industry, the board looks to the third level of management.

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CEO Contingency Plans Telecommunications Planning 11

Harvard Business Review

OCTOBER 23, 2015

There is often a lot of confusion and uncertainty, and if colleagues were laid off , people might also be sad or angry. ” Management probably had good intentions for the restructuring—it believes the changes will cut costs, increase revenues, or improve efficiency. Manage your stress. How do you stay positive?

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Restructuring Stress Uncertainty Long-term 8

Strategy Driven

MAY 29, 2020

Life is full of uncertainties, and there’s nothing worse than watching everything you’ve worked so hard for get destroyed by a random twist of fate. There is a need to be prepared though, and safeguard the business assets that you have built up so carefully.

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Insurance Contingency Plans Norton Crisis 65

Harvard Business Review

NOVEMBER 20, 2017

Leadership then specifies a plan that it believes will position the company to win in this predicted future. The Plan-then-Do approach is obsolete – even dangerous. Any deviation from management’s forecast meant failure, regardless of how effectively the strategy was executed. Take Dell Technologies, for example.

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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. Identify regularity amid persistent uncertainty.

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Contingency Plans Planning Company Uncertainty 8

Harvard Business Review

APRIL 20, 2017

However, the region has long been volatile and unpredictable (from coups and sharp changes in government policies, to currency shortages, to terrorism and large-scale population displacements), so operating under uncertainty is not new. Many companies are assessing their exposure to specific policy decisions (e.g., if the U.S.

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Depreciation Contingency Plans Policies Marketing 8

Harvard Business Review

JUNE 20, 2017

Multinational companies operating in Mexico are facing a great deal of uncertainty. Many of the companies we work with that have operations in Mexico have taken up scenario planning to prepare for a range of potential economic and political changes in the country that could affect their businesses. Renegotiating NAFTA.

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Supply Chain Depreciation Uncertainty Marketing 8

Harvard Business Review

FEBRUARY 8, 2018

Top leaders tend to focus more on status updates than on contingency planning. In our survey of 30 Brazil country managers in October, 20 reported increased revenue growth, despite the country’s dysfunctional, scandal-ridden politics. miragec/Getty Images. When it comes to Brazil, the economy is picking up.

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