article thumbnail

4 Steps To Become An Aware Leader

The Horizons Tracker

The value of thought diversity is well documented, but often we can become so enamored with our own culture, our own intelligence, and our own way of doing things that we effectively block out any diverse opinions. Think multiple steps ahead – the last step requires us to try and think a way into the future.

article thumbnail

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

Harvard Business Review

Through his unique lens, he came to create what we know as scenario planning — a widely used strategic planning practice that now spans all sectors. An HBR contributor, he wrote two seminal articles about Shell and scenario planning in 1985. Planning well, in his estimation, required “training the mind.”

Insiders

Sign Up for our Newsletter

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

article thumbnail

Board Performance Optimization: Beyond Compliance Towards Excellence

N2Growth Blog

The concept delves more deeply than mere regulatory compliance, stretching towards a proactive approach that involves risk anticipation, scenario planning, and sound decision-making processes. A classic example is Google, which has continuously exemplified high-functioning governance and performance optimization.

article thumbnail

Create a Strategy That Anticipates and Learns

Harvard Business Review

Consider, for example, the work that Apple is doing with Epic (an electronic health record provider for hospitals and large medical groups). This isn’t a retread of scientific management , nor is it an updated take on scenario planning. The definition of a market, customer, partner, or even competitor is now a moving target.

article thumbnail

Create a Strategy That Anticipates and Learns

Harvard Business Review

Consider, for example, the work that Apple is doing with Epic (an electronic health record provider for hospitals and large medical groups). This isn’t a retread of scientific management , nor is it an updated take on scenario planning. We can connect insights and execution at a pace never before possible.

article thumbnail

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. Ensuring readiness for Games-time (in Olympic-speak) now involves strategic pre-emption through stress-testing and scenario planning.

article thumbnail

Mindfulness Can Improve Strategy, Too

Harvard Business Review

It’s about becoming aware of how the diverse internal and external stimuli we face can provoke automatic, immediate, unthinking responses in our thoughts, emotions, and actions. Google’s Chade-Meng Tan , has developed dozens of such workplace meditation modules that could fit neatly into planning retreats.