Contingency Planning | N2Growth Blog

N2Growth Blog

While this is understandable, it is nonetheless naive, and it constitutes a major flaw in the business logic of most strategic plans. 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. Smart leaders view obstacles as a constant rather than a variable, and incorporate that thinking into their planning.

How Contingency Plans Cause People to Perform Worse and Try Less

Leadership Freak

Will Smith said, “There is no reason to have plan “B” because it distracts from plan “A”. Jihae Shin and Katherine Milkman, from Wharton School research found that merely thinking about a backup… Continue reading → Decisions courageous leaders Leadership Leadership Development

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10 Leadership Lessons From My Favorite Clint Eastwood Movie Quotes

N2Growth Blog

It’s OK to solicit the best ideas from your people and work with them to develop strategies and solutions that can make the difference for the organization. At my firm , we help clients develop strategies and create the contingency plans needed, if certain scenarios begin to emerge. ” Gran Torino (2008) : Great leadership requires all kinds of skills and behaviors. Leadership Management Jim Kerr leadership leadership development

Leadership Lessons from the Navy

Skip Prichard

Whether you are new to studying leadership or have practiced and studied it for many years, I am sure you will benefit and enjoy the leadership lessons today’s post provides. Leadership is about showing patience, kindness, mercy, caring, and, yes, love.”-Mark

When in Doubt, Rehearse!

N2Growth Blog

By Brian Layer , Chair, Organizational Development, N2growth. 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. Still, that’s an important part of leadership-showing others the potential futures and demonstrating you can lead them through it regardless of the outcome.

7 Ways to Help Your Team Deal with Ambiguity

Let's Grow Leaders

If times of uncertainty don’t lead to your shining moments of leadership brilliance, acknowledge that. 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.

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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. We recommend instituting after-action reviews (AARs) – formal learning sessions that were originally developed in the U.S. You just finished reading Change Leadership: Overcoming Change Fatigue and Organizational Burnout ! The post Change Leadership: Overcoming Change Fatigue and Organizational Burnout appeared first on StrategyDriven.

6 Mantras That Will Set You Apart as a Genuine Leader

Lead from Within

Here are some thoughts to help launch you toward your own leadership league: 1. If you are to be truly successful, your leadership must be grounded in self-awareness and authenticity. 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.

This Word Unleashes Change & Innovation

N2Growth Blog

In fact, there are some very bright people who believe you simply cannot become a good leader without developing a mastery for using the word no – I couldn’t disagree more. Smart leadership creates an environment where yes is not viewed as a weakness, but as an opportunity. Where leadership is concerned, a slow “yes” is often more instructive, and ultimately much more productive than a fast “no.” Leadership Mike Myatt

Great by Choice

Leading Blog

Fear and worry is channeled into preparation, contingency plans, buffers and margins of safety. 10X Leadership Behaviors. It is not mainly a matter of what happens to them but a matter of what they create, what they do, and how well they do it. * * * Like us on Facebook for additional leadership and personal development ideas. 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.

4 Lessons from the Toyota Crisis

Leading Blog

It’s not about PR strategies, or charismatic leadership, or vision, or any specific action by any individual. 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. Lesson 3: Even the Best Culture Develops Weaknesses.

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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. The trauma brought about by such change happens every day to countless people, people without contingency plans, or any idea how they are going to cope with what has happened to them. Change Management Leadership Leadership Development Leading Change change leadership Change resilience Emotions

The Big Picture of Business – Business Success Checklist

Strategy Driven

Provide leadership. 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”. Development of technical abilities, specialties and expertise. Development of core business supplier relationships. Plans are in writing to address inventories and reducing surplus.

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. If I’ve finished my work for the week and am planning to head out for a long weekend, why should I stop and help a team member with a project that doesn’t actually count towards my own goals? Survive Your Promotion!

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5 Ways the Best Companies Close the Strategy-Execution Gap

Harvard Business

In our experience at Bain & Company, however, this strategy-to-performance gap is rarely the result of shortcomings in implementation; it is because the plans are flawed from the start. Too many companies still follow a “Plan-then-Do” approach to strategy: The organization works tirelessly to create its best forecasts about the future market and competitive landscape. The Plan-then-Do approach is obsolete – even dangerous. James Balog/Getty Images.

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." " management Built to Last Good to Great Great by Choice Harvard Business School Jim Collin's leadership Morten HansenThis is a very timely, inspiring, and practical book for leading in turbulent times.

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. It is the ability to develop a keen external awareness that separates the truly great communicators from those who muddle through their interactions with others. Open dialogs with those that confront you, challenge you, stretch you, and develop you.

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Lead/”Beek”/Run – Love, kindness & bringing it “all” to the “mat”

Anese Cavanaugh

Quick preview: a 60 day blog series integrating energy/leadership development with my personal aha’s/experiences from doing a Bikram Yoga Challenge while training for a 1/2 Marathon all at the same time. I get some serious clarity when I push myself physically, and integrate business, leadership & the body. from Anese Leadership TipsI thought I’d do something very different on this blog for a bit. Consider this an experiment on multiple levels.

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? Before starting to develop any form of strategy for improvement it is important to know ‘where you are now’ or your starting point. Example plan matrix.

Balancing Parenting and Work Stress: A Guide

Harvard Business

These pieces of advice have helped “move the numbers” as part of broad-scale corporate retention programs I’ve developed. Make friends in the business development team so that you know about the big local client projects coming up and can volunteer for them early (no business travel!). ” Have a Plan B — and don’t wait for a crisis to use it. “Ask for a flexible schedule — it’s the only way to balance work and family.”

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. The trauma brought about by such change happens every day to countless people, people without contingency plans, or any idea how they are going to cope with what has happened to them. link] LeadershipNews: A Leadership Crisis or a Branding Issue?

3 Emerging Market Risks Companies Should Watch for in 2018

Harvard Business

Top leaders tend to focus more on status updates than on contingency planning. This means that many emerging market risks get cut from the senior leadership agenda. When it comes to risk in Mexico, companies are paying attention to the fraught NAFTA negotiations, but not the domestic politics that could damage business plans far sooner than any NAFTA changes. miragec/Getty Images.

Managers, What's Your Plan For Climate Change?

Harvard Business Review

As a result, these leaders conveyed the strength of leadership and values-based decision making that is commonly recognized as good for business. In talking to friends and clients about the storm, it appears there are some common leadership behaviors which inspired confidence among employees. The time to come up with contingency plans like these is not when hurricane force winds are bearing down on your city.

What It Was Like to Be a Manager in Ukraine

Harvard Business Review

Indeed, Ukraine’s troubles offered an opportunity to build the leadership capacity of my management team. To effectively manage that chaos, it’s necessary to develop the habit of continuously processing new information, playing out “what if” scenarios, calculating risk factors, and running through checklists. With each new development, we learned to assess what it meant by asking, “What is in front of us and what are the consequences?”

The Rise of the Not-So-Experienced CEO

Harvard Business Review

We have reviewed hundreds of corporate announcements and websites, interviewed numerous leadership experts, and conducted an analysis of CEO changes and successions over the past five years at S&P 500 and Global 100 companies. In the first, a corporate board persuades a high-performing and dependable CEO to stay longer than planned at the helm to keep a steady hand on the tiller, maintain progress, or weather an upcoming storm. Succession planning

Every Manager Is a Risk Manager

Harvard Business Review

In other words, it's a form of proactive contingency planning — either to completely avoid difficult situations, or prepare for them so that any undesirable consequences are lessened. But these risks also need to be managed — and if you're in a position of leadership, the act of managing them is probably up to you. And that goes for unanticipated positive developments as well, for example how to cope with a sudden surge in orders.

What to Do and Say After a Tough Reorganization

Harvard Business Review

Listen… Before you react to the news, Spreitzer suggests you “listen carefully to what senior leadership is saying about what’s happening, why it’s happening, and what’s the hoped-for outcome.” Once you’ve absorbed the planned changes, you need to think about what they mean for your day-to-day responsibilities and your potential job satisfaction, according to Coyne. Surviving a corporate reorg can be tough.