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Succession Planning or Contingency Planning

Rapid BI

Succession Planning or Contingency Planning - Succession Planning or Contingency Planning is often talked about, but often considered too complex and expensive for many organizations or businesses to understand & put in action Related posts: Strategic Analysis and Planning Five ways to make leadership succession planning work Counter Offers, Human Capital & Retention.

Succession Planning or Contingency Planning

Rapid BI

Succession Planning or Contingency Planning - Succession Planning or Contingency Planning is often talked about, but often considered too complex and expensive for many organizations or businesses to understand & put in action Related posts: Strategic Analysis and Planning Counter Offers, Human Capital & Retention Nine box grids for talent management.

The Complete List of Reasons Leaders Fail

Leadership Freak

The paranoid think about what could go wrong and make contingency plans. Leading contingency plans Leadership organizational values Top 12 reasons leaders fail: Neglecting culture. Culture building is job-one for all leaders. Lack of paranoia. Bitterness, grudges, and resentment. People fail. Successful leaders allow fresh starts. Task rather than people focus. Accepting complexity. Lack of political awareness. Successful leaders build relationships […].

Managers: What’s Your Plan B?

Lead Change Blog

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. I found myself wondering if better contingency planning could have mitigated the damage.

5 Ingenious Ways to Keep Your Small Business Running While on Holiday

Lead Change Blog

Workplace Issues contingency planning LeadershipAs an independent micro business owner, I relish holidays. However, I’m also a little fearful of them. This may sound odd. How could one be afraid of taking time off to recharge the batteries?

My Business After Hurricane Sandy: Creating a Contingency Plan

Women on Business

Female Executives Strategy Uncategorized contingency plan hurricane virtual assistantHurricane Sandy was a monumental, hopefully once in a lifetime, storm. As the hurricane approached the East Coast many people frantically prepared to keep their families safe and supplies stocked. There was a run on the stores as people purchased enough food to last for a week, water to drink and gas to run generators and cars.

Surviving and Thriving in Uncertainty: A book review by Bob Morris

First Friday Book Synopsis

Bob's blog entries “Voice of Experience” mini-commentaries relevant to the given context contingency planning crisis response Frederick Funston how to survive and thrive by making correct judgments its implications and possible (if not probable) consequences of risk must also be fully understood John Wilkey & Sons Inc Oxford University Press Risk cannot be managed until it is recognized within its context risk management Risk unmanaged is risk exacerbated Samuel B.

Some Ideas To Help Accelerate Your SWOT Analysis

Six Disciplines

It''s also used to articulate the challenges an organization has, enabling contingency plans. A SWOT analysis is a tool used to assess an organization''s strengths, weaknesses, opportunities and threats. The purpose of using the SWOT tool is to uncover or reveal the organization''s competitive advantages, and what opportunities (sales, profitability) to capitalize upon. An analysis of the organization''s strengths and weaknesses is typically an internal examination process.

SWOT 52

7 Ways Overconfidence is Sabotoging Your Career

Let's Grow Leaders

You’ve Got No Plan B. You’re so confident you’re on the fast track, you stop networking or creating contingency plans. When you think you know what to do, it’s easy to ignore data that doesn’t fit your plan.

10 Leadership Lessons From My Favorite Clint Eastwood Movie Quotes

N2Growth Blog

At my firm , we help clients develop strategies and create the contingency plans needed, if certain scenarios begin to emerge.

4 Steps for Making Change Happen

Great Leadership By Dan

Step 2: Have a plan for getting initial buy-in (include contingencies) Make sure your proposal takes into account all these legitimate concerns and potential dangers surrounding change. Anticipate all possible objections and create contingency plans for anything that could go wrong.

7 Ways to Help Your Team Deal with Ambiguity

Let's Grow Leaders

Find a trusted advisor (could even be a team member) who finds change and ambiguity exhilarating to help you with your plan. Brainstorm those possibilities and develop contingency plans.

Team 101

Fear Of Change And 5 Ways To Overcome It

Tanveer Naseer

All authentic change goes through three stages: 1) Anticipation 2) Regression 3) Consolidation Anticipation is the exciting stage of change where we anticipate the benefits and make our transitional plans. Create consensus by presenting your plan to colleagues and stakeholders.

Change Leadership: Overcoming Change Fatigue and Organizational Burnout

Strategy Driven

Piloting, prototyping, and contingency planning before a change can save weeks or even years of rework. For any business, large or small, corporate change is critical for survival. Unfortunately, though, many of us are juggling multiple change initiatives simultaneously.

Is Your Team Prepared for a Safety Emergency?

Let's Grow Leaders

” I was intrigued.The team went into a well-orchestrated checklist delegating contingency emergency assignments and ensuring that everyone knew where the nearest exits and fire extinguishers were. Making a Safety Plan. Yes, yes, plan for the big stuff.

When in Doubt, Rehearse!

N2Growth Blog

Lately I’ve seen several leaders trip over the unexpected outcome of a grand plan. It not only gave me an opportunity to learn the logic of play calling but it taught me how to consider risk and plan for unexpected outcomes. Leadership And Contingency Planning.

The External Factors Affecting Your Business

Strategy Driven

While there might be plenty of directions you want to take your company in, you’ll also be subject to the whims and plans of your fellow humans, who all too often (it can feel like) have plans that are out of sync with your own.

Great by Choice

Leading Blog

Fear and worry is channeled into preparation, contingency plans, buffers and margins of safety. It is a defeatist attitude to think that luck or circumstances primarily make you what you are. Luck, both good and bad happen to us all. We cannot control much of what happens around us, but the choices we make, as Jim Collins and Morten Hansen’s research confirms, determine our success.

Reel Leadership: 24 Leadership Lessons And Quotes From Marvel’s Avengers: Age Of Ultron

Joseph Lalonde

Have a backup plan : The Scarlet Witch was able to touch the Hulk and unleash his rage. Tony Stark knows this is trouble but he had a backup plan… He knew he had to call on Veronica. Think of a contingency plan and have one ready in case you need it.

Rogers 100

What is Your Innovation Style?

Great Leadership By Dan

make detailed plans before I start OR __handle problems as they arise. When you have 3 on the table, turn to "structured" colleagues and discuss what needs to happen and contribute contingency plans.

The Fear of the Finger

Nathan Magnuson

A business executive continues with a risky plan in spite of damning information in hopes it will work out because to turn back would be to appear to admit defeat. Have a plan and a contingency plan.

Leadership Lessons from a Heroic Black Hawk Down Army Ranger

C-Level Strategies

For business leaders this means providing your teams the training and tools needed to be successful, knowing your objective and strategies inside and out, and having contingency plans that are just as defined and well-rehearsed. .

Difficult conversations require your head and your heart

Aspire-CS

A contingency plan isn’t available when the two-way interaction doesn’t go the way you’d planned. Leaders have to become increasingly more skilled at having difficult conversations with others as they take on more responsibility. Greater numbers of people might be relying on them to lead, which often entails tricky situations and tough discussions.

4 Lessons from the Toyota Crisis

Leading Blog

Thoroughly consider alternative solutions, then pick a path, develop a detailed plan, and execute with discipline and energy. Therefore, the chief questions to ask yourself about how your company will respond in a crisis are not contingency plans and policies, but about your culture and your people. “Crisis response must start by building a strong culture long before the crisis hits,” say Jeffrey Liker and Tim Ogden, authors of Toyota Under Fire.

Four Things to Remember When Change Hits “Upside the Head”

You're Not the Boss of Me

We anticipate it; study it; plan for it; and, if we are smart (or lucky), we make it happen or respond to it with strength, a sense of purpose and a clear head. Change. It’s a topic that provides much fodder for discussion among leaders.

Crisis Planning and Worst Case Scenarios

Execupundit

Not good bedtime reading but the sort of analysis which you hope has already produced some practical contingency plans While watching the news, I pulled two books off the shelf: 6 Nightmares: Real Threats in a Dangerous World and How America Can Meet Them by Anthony Lake.

How to Be a Pro-Vacation Manager in a High-Pressure Industry

Harvard Business Review

Ask your team about their vacation plans. Create a contingency plan. Work together to identify someone you both trust to be accountable and agree on a plan of action to ensure that nothing falls through the cracks.

As Promised – Very Long Post on Managing Remote Teams | Survive.

Survive Your Promotion

Spend some time using the SMART goal planning process so that you know you and your team are on the same page about what’s important and when it’s due. Survive Your Promotion!

Book Review: “Great by Choice: Uncertainty, Chaos, and Luck – Why Some Thrive Despite Them All”

The Practical Leader

They channel their fear and worry into action, preparing, developing contingency plans, building buffers, and maintaining large margins of safety." This is a very timely, inspiring, and practical book for leading in turbulent times.

7 Strategies for Your Strategies « Linked 2 Leadership

Linked 2 Leadership

you say… But wait a minute… The Strategy Paradox Perhaps previous strategy plans wound up on the shelf and later in the trash for the dumpster divers to use as kindling for their nightly winter fires. However, this new strategy plan is better and you have spared no time or expense.

7 Myths About Doing Business in Sub-Saharan Africa

Harvard Business Review

Executives should build step-by-step long-term expansion plans, but avoid delaying entry as securing market share will become increasingly difficult. To succeed in the continent, executives must develop long-term plans while remaining prepared to weather short-term disruptions.

GDP 12

5 Steps to Help Yourself Recover from a Setback

Harvard Business Review

This step can also help you think about backup and contingency plans to cope with these forces. And the upward counterfactuals give you a starting point for planning the next go-round and improving your subsequent performance. Neuroimaging studies suggest that since counterfactual thinking happens in the same part of the brain as planning, it might serve as a sort of interface between emotional thinking and goal setting. This was not your best week.

5 Ways Meetings Get Off Track, and How to Prevent Each One

Harvard Business Review

For example, in a planning discussion one member may say, “I think we shouldn’t adjust the plan until we see the financials from the first quarter.” We’ve all been in frustrating meetings where one person keeps going off on tangents.

What Executives Really Need to Know About the “Emerging Markets Crisis”

Harvard Business Review

Multinational companies do have their work cut out for them, and should take a second look at their 2014 plans — but this requires separating the signal from the noise to focus on their most important management challenges. We believe the peso has further to fall but timing is difficult to predict, so if this region is vital to your business, contingency planning is the order of the day.

The Big Picture of Business – Business Success Checklist

Strategy Driven

Plan for the future. When your business has contingency plans for future scenarios you will seldom be caught by surprise. Most successful businesses have planned responses to most scenarios because they took the time to think “What If”. Plans are in writing to address inventories and reducing surplus. Legal compliance and precautions plan is annually updated, with measurable goals. Purchasing plan (with processes and vendor lists) is in writing.

How Multinationals Can Grow in the Middle East and Africa

Harvard Business Review

oil services provider McDermott International plans to build a fabrication yard at a Saudi Aramco shipping complex; Amazon bought the Middle East’s biggest online retailer Souq.com; and Boeing finalized its multi-billion dollar deal with Iran. unilaterally pulls out of the Iran nuclear deal), building contingency plans, and diversifying their portfolio of markets. Jennifer Maravillas for HBR.

How to write an internal communications plan and strategy

Rapid BI

Internal communications Plan. Increasingly Human Resources (HR) or Organizational Development (OD) teams are being asked to drive and deliver internal communications, but what is an internal communications plan and how do you go about writing and applying one? Why have internal communications plans? An effective approach to developing an internal communication plan starts not with what we need to do, but why we need to do it. Example plan matrix. Plan, announce.

KPI 21

Good Cybersecurity Doesn’t Try to Prevent Every Attack

Harvard Business Review

What the CSO did not know at the time was that his company was planning to change its business model and expected to dismantle its dealer network within the next couple of years, meaning much of what he had been doing could soon be irrelevant. Companies that can talk about upcoming changes and plan for them in advance can build adaptive, agile, and effective cybersecurity strategies. I discuss cybersecurity with hundreds of executives every year.

Why Boards Aren’t Dealing with Cyberthreats

Harvard Business Review

Most boards have robust processes for addressing their most pressing responsibilities, such as financial planning and compliance. But when we asked specifically about processes related to cybersecurity issues, such as regular discussions about cyber risks (with or without cybersecurity specialists) and management reviews of contingency plans for a data breach, directors gave their boards low marks.

A CEO’s Guide to Navigating Brexit

Harvard Business Review

What drives uncertainty are the magnitude and duration of these corrections; as prices guide resource allocation, their volatility and uncertainty interferes with planning and investment decisions. The Leave campaign’s victory, with a margin of 3.8