N2Growth Blog
APRIL 5, 2010
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.)
Lead Change Blog
JULY 16, 2015
Others, full of optimism, forge ahead with gusto, experience meteoric success, and later face a precipitous change in fortune due to a circumstance that could have been planned for. For career and business success, it’s worth pursuing a middle ground—one where we take calculated risks but have a fallback strategy in case Plan A craters.
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Experience to Lead
MAY 30, 2023
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.
Frank Sonnenberg Online
SEPTEMBER 12, 2023
Leverage technology. Use technology to help you stay organized, improve efficiency, enhance communication, boost collaboration, and increase accuracy. Prepare contingency plans. Ask yourself “what-if” questions because things rarely go according to plan. Delegate nonessential tasks. Do it right the first time.
Harvard Business Review
DECEMBER 26, 2014
The phenomenon of fast-track CEO succession appears to be most prominent in the retail, technology, media, and telecommunications sectors—all of which are particularly affected by disruptive business models and new competitors. In the second scenario, a planned CEO departure occurs during a time of uncertainty.
Harvard Business Review
MARCH 9, 2017
The same kind of technologies that enable you to compete at work — the calendars, the shared work tools — should be used at home. ” Have a Plan B — and don’t wait for a crisis to use it. The baby will only have the flu for a week, and you want to be in this career you love for decades.
N2Growth Blog
JANUARY 9, 2011
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.
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