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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.)

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6 Mantras That Will Set You Apart as a Genuine Leader

Lead from Within

Strategic planning–the process of translating vision into realistic business strategies–provides you with a structure to balance long-term goals with immediate needs, update plans to reflect changing circumstances, and develop contingency plans for the wider range of possibilities.

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Leadership Lessons from the Navy

Skip Prichard

Leadership is about showing common courtesies, caring and encouraging the growth and development of those whom you lead. We were all in Newport, Rhode Island, to attend the Navy’s prestigious leadership development course known as Command Leadership School. However, during a crisis, the behaviors of the leader have enormous influence.

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What Harvey Is Teaching the Health Care Sector About Managing Disasters

Harvard Business Review

All health systems have contingency plans and run drills for emergencies like a hurricane. However, the challenges wrought by a disaster can confound even the best-laid plans, and responding effectively requires using available resources in ways not previously considered. About 40% of dialysis centers in the area closed.)

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10 Communication Tips for Leaders

N2Growth Blog

While developing an understanding of great communication skills is easier than one might think, being able to appropriately draw upon said skills when the chips are down is not always as easy as one might hope for. Open dialogs with those that confront you, challenge you, stretch you, and develop you. Communicate more effectively.

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Revive Your Reputation—Avoid These Common Hiring Mistakes

HR Digest

Many hiring teams have their own personal biases that can influence which candidates are allowed to proceed to further interview rounds. Creating a contingency plan and reorganizing internal staff to fill in until someone is hired will reduce the pressure to hire without proper checks.

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A CEO’s Guide to Navigating Brexit

Harvard Business Review

How can leaders develop a specific view of the industry- and firm-level implications? These unknowns have the potential to influence the evolution of the financial, institutional, and real economies. ” From the map, combine various values to develop multiple scenarios. Financial economy. Run scenarios.