article thumbnail

Contingency Planning | N2Growth Blog

N2Growth Blog

This is so much the case that the most often overlooked aspect of strategic planning is adequately addressing contingencies as part of the planning process. The two most common outcomes created by a lack of contingency planning are: 1.) watching things grind to a halt as you scramble to evaluate options, and; 2.)

article thumbnail

Leadership Training For Executives

Experience to Lead

This can help executives build a network of contacts and develop relationships that will be valuable throughout their careers. This includes assessing the potential impact of external factors, such as changes in the regulatory environment, and developing contingency plans to mitigate these risks.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Leadership Lessons from the Navy

Skip Prichard

Captain Mark Brouker, retired US Navy , is a wealth of practical leadership wisdom gained from his military career as well as his experience as a professor, executive coach, and speaker. Overlooking this practice results in missed opportunities to foster and encourage motivation, creativity, and innovation. Be proactive.

article thumbnail

The Rise of the Not-So-Experienced CEO

Harvard Business Review

The company should anticipate some departures and make contingency plans to appoint replacements and reach out to stakeholders. Some senior leaders may be disappointed that they were passed over for the top spot in favor of a more junior candidate.

CEO 14
article thumbnail

10 Communication Tips for Leaders

N2Growth Blog

Bonus - Always have a Plan B : Another component of communications strategy that is rarely discussed is how to prevent a message from going bad, and what to do when does. It’s called being prepared and developing a contingency plan. If your expertise, empathy, clarity, etc. I Think Not.

Tips 417