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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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Discover the 4 Powerful Tactics to Build a Resilient Organization

Lead from Within

By anticipating what might happen, you can develop strategies and contingency plans to mitigate these risks. This involves developing robust plans and processes to address these challenges effectively. Disruptions often bring about changes in the business environment, customer preferences, and market dynamics.

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Leadership Training For Executives

Experience to Lead

An executive leadership training program is specifically designed to help senior executives develop the skills and competencies necessary to lead at the highest levels of an organization. Executive education can help create an action plan to navigate complex business challenges and improve decision-making.

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The Big Picture of Business – Business Success Checklist

Strategy Driven

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”. It is important to identify swings and trends so that innovation can remain a strength of your business.

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What It Was Like to Be a Manager in Ukraine

Harvard Business Review

Our supply and distribution lines were impeded; we lost market territory to war and annexation; we had to manage the impact of military mobilization of our workers, and we needed to relocate or redeploy almost a hundred employees and their families. Many foreign companies decided to write off Ukraine.

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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. The more planning that goes into developing candidates for various future leadership scenarios, the more options a board will have for choosing a successor that best suits its strategic agenda.

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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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