Remove Crisis Remove Development Remove Marketing Remove Scenario Planning
article thumbnail

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

N2Growth Blog

There is friction between globalization and regional autonomy, a conflict between the desire for sustainability and the lure of rapid development, ongoing political uncertainties, and the ever-increasing impact of digital technology. Engaging in risk management and scenario planning is also paramount.

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. Main menu Home.

Insiders

Sign Up for our Newsletter

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

article thumbnail

A Practical Approach to Managing Workforce During COVID-19

HR Digest

COVID-19 is the most severe crisis since the Second World War: companies are losing workforce rapidly around the world. At the heart of any organization’s talent management strategy is headcount planning to ensure that it has the right number of talent with the right skills. Hire from inside your company.

article thumbnail

The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 4 of 4

Strategy Driven

Crisis management is so much more than handling of the media. Business development. We therefore mounted a full-scope crisis management initiative that focused heavily on after-the-crisis help for the victims and their families. Our strategy to address the crisis was three-fold. Thinking Through the Strategies.

article thumbnail

The Big Picture of Business: Putting Budgeting Into Perspective, The Bigger Picture of Strategic Planning

Strategy Driven

Business development. How diverse is the planning committee? How do you handle crisis management and preparedness? Have you done scenario planning of measures beyond your immediate control, i.e. external factors which profoundly impact your livelihood? Running the business. Body of Knowledge. The Big Picture.

article thumbnail

Is Your Company Ready to Protect Its Reputation from Deep Fakes?

Harvard Business Review

But that technology is still in its early stages, and as it develops you can be sure that bad actors will be working on ways to defeat it. Corporate marketers and communicators, as the people who supply platforms with the money that is their lifeblood, are in a strong position to push for faster action.

article thumbnail

China’s Slowdown: The First Stage of the Bullwhip Effect

Harvard Business Review

During an economic crisis, the exaggerated decline in orders can be especially damaging to upstream suppliers that have high fixed costs tied to production assets. Ford CEO Alan Mulally tried to mitigate the impending bullwhip during the 2008 financial crisis by imploring the U.S. The China-Sparked Crisis. Lessons from the Past.