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Mindfulness as a Management Technique Goes Back to at Least the 1970s

Harvard Business Review

It first influenced business decades ago, through the development of an unmistakably hard skill that senior managers must master: strategic planning. Leaders today would be wise to learn from the past and to view strategic planning and mindfulness together. Planning well, in his estimation, required “training the mind.”

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Farsighted: How We Make the Decisions That Matter the Most

Leading Blog

The art of making farsighted decisions “with as much wisdom as possible lies not in forcing that map to match some existing template, but instead in developing the kind of keen vision required to see the situation as it truly is. And the best way to develop that vision is to get different pairs of eyes on the problem.”

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Be Prepared for What You Don't See Coming

Harvard Business Review

Have you ever worked on a project that produced unexpected results ? For example, sometimes when a senior manager makes a request, it causes a cascade of activity that is far beyond what she intended. To minimize their negative impact, there are two steps that managers can take: Plan ahead (as much as you can). Test the waters.

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The Olympics as a Story of Risk Management

Harvard Business Review

In the run-up to the London 2012 Olympics, for example, the global financial crisis caused private developers for the Olympic Village project to withdraw, requiring a refinancing package backed by government. These risks can emanate from the realm of security, public health, natural ecology, technology, or economics.

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Navigating the Complexities of Doing Business in Russia

Harvard Business Review

For example, in 2014, at the onset of the sharp deterioration in U.S.-Russian In many cases, people have to bear more costs directly – for example to pay for more of their own healthcare – which also limits their spending power. ” Similarly, hours after the U.S. further sanctions, oil price drop, protests, etc.)

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

Harvard Business Review

The essence of the phenomenon is the fact that each stage in the supply chain plans its capital projects and operations, including inventory levels, based on its future expectations. For example , U.S. Companies should anticipate this trend and start developing “value pricing” and less expensive products.

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Six Classes Your Employer Wishes You Could Take

Harvard Business Review

Scenario planning is as essential for strategy formulation as it is for the design of next generation technologies and industries. Thinking in terms of scenarios forces people to rigorously examine fundamental assumptions and unexpected risks.

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