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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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The Next Wave of Digital Transformation: What Leaders Need to Know

N2Growth Blog

The rapid development and widespread adoption of new technologies present both opportunities and challenges for leaders to manage. Emerging Technologies Shaping the Future Emerging tech like Artificial Intelligence (AI) and Machine Learning (ML) are revolutionizing the digital landscape and already have numerous applications in the market.

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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. For example, a U.S. Run scenarios.

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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. Communicate more effectively. Classic business theory tells leaders to stay at arms length.

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Revive Your Reputation—Avoid These Common Hiring Mistakes

HR Digest

How to Prevent This Hiring Errors Organizations need to review the market standard and their existing employee salaries for a particular role and offer to pay the employee appropriately. Many hiring teams have their own personal biases that can influence which candidates are allowed to proceed to further interview rounds.

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The External Factors Affecting Your Business

Strategy Driven

You can see the way the stock market reacts whenever an announcement or decision is made; sometimes it gets a boost, which is its way of saying ‘we approve!’, For instance, how does the software you rely on influence your success? You should be keeping your ear out for the developments that will aid your business. Political.