Remove Goal Remove Planning Remove Scenario Planning Remove Strategic Planning
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. It thoroughly emphasizes corporate social responsibility, adhering to ethical guidelines, and achieving strategic objectives.

article thumbnail

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

Strategy Driven

Budgets get more attention than the umbrellas under which they rightfully belong: Strategic Planning and Visioning. By itself, Budgeting does not constitute full-scope planning and business strategy. Does your strategic plan adequately describe what you do? How diverse is the planning committee?

Insiders

Sign Up for our Newsletter

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

article thumbnail

What a Good Moonshot Is Really For

Harvard Business Review

Kennedy captured the world''s imagination when he said, "This nation should commit itself to achieving the goal, before the decade is out, of landing a man on the moon and returning him safely to the Earth." Reading Kennedy''s quote raises the spirit; a more typical corporate goal of increasing return on invested capital from 13.4%

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

The goal was to keep litigation from occurring, which was met. Next comes Crisis Planning. What-if scenario planning is similar to the processes utilized in overall company strategic planning and visioning. The crisis plan must be part of the bigger process, not an adjunct or afterthought.