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

N2Growth Blog

Preparing your Business for Unexpected Market Shifts In this volatile and unpredictable economy, businesses must prioritize resilience by taking a proactive approach to strategic planning to ensure sustainability. This will serve as a safety net for the business.

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The Scope of Supply Chain Management in the Corporate Sector

Strategy Driven

Increased sales can be directly attributed to how successfully a business collaborates with the entire supply chain. Supply chain management has immense potential to enhance business operations, improve productivity, and increase a business’s agility to changing market trends and customer demand.

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Leadership and Competition

N2Growth Blog

If you really want to understand a leader’s perspective on the market, ask them about their competition. I’m always on the lookout for new practitioners entering the market where we have practice areas, disruptive technology, or changes in the landscape that could disintermediate certain aspects of the market.

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Are CEOs Really Necessary Anymore?

Strategy Driven

With increasingly vast bodies of knowledge about experiences, one can see how business Intelligence, with enough computing power, became Artificial Intelligence. Supply chains are linked to these inputs, as is every other variable the CEO needs to be concerned about, from available corporate resources to stock price.

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Avoid Feast or Famine with Demand Planning

Strategy Driven

Today’s business software pulls data from past sales, as well as market trends, weather events, media input and other variables to make accurate predictions of how much of an item consumers will want. These forecasts help to put the products on the shelves when customers want them.

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How to Make Your Company Machine Learning Ready

Harvard Business Review

How robotics and machine learning are changing business. That may come as a disappointment to some, and potentially disrupt some very expensive marketing campaigns. Over the next five to 10 years, the biggest business gains will likely stem from getting the right information to the right people at the right time.

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Shadow IT Is Out of the Closet

Harvard Business Review

An impatient marketing or finance manager would, on the sly, secure some extra budget money and hire a contractor to build a little database that tracked mailing addresses or top-line financials. Business people view these initiatives skeptically, considering them "black holes" where money goes in, and nothing comes out.