Remove Contingency Plans Remove Development Remove Marketing Remove Technology
article thumbnail

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.)

article thumbnail

Discover the 4 Powerful Tactics to Build a Resilient Organization

Lead from Within

This involves staying informed about industry trends, emerging technologies, and potential risks. 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.

Tactics 164
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Business Practices For The Agricultural Industry

Strategy Driven

Keep Up With Technology Growth. The agricultural industry, over the years, has seen constant evolution, and new technologies are always developing. Failure to do so can result in lost market share and decreased profits. Therefore, staying abreast of the latest developments in the agricultural industry is essential.

article thumbnail

6 Tips to Avoid Issues During Your Commercial Move

Strategy Driven

Businesses in such thriving environments often face the need to move, whether for expansion, to tap into new markets, or to enhance operational efficiency. An effective plan also involves regular progress check-ins and flexibility to adjust timelines as needed.

Tips 100
article thumbnail

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.

article thumbnail

10 Technology Problems Modern Business Owners Have To Deal With

Strategy Driven

Cybercrime is like the mirror image of “white hat” technology use. Presently, the global tech market is estimated around $5 trillion. But by 2021, it’s estimated that the black-hat “cybercrime” market will be worth $6 trillion. Some of the biggest threats to your company are going to develop internally. I: Cybercrime.

article thumbnail

The Rise of the Not-So-Experienced CEO

Harvard Business Review

The phenomenon of fast-track CEO succession appears to be most prominent in the retail, technology, media, and telecommunications sectors—all of which are particularly affected by disruptive business models and new competitors. In the second scenario, a planned CEO departure occurs during a time of uncertainty.

CEO 12