Strategy Driven

NOVEMBER 9, 2023

Here, we will delve into some key strategies for successful business finance, highlighting the importance of financial planning, efficient budgeting, smart investments, and risk management. Financial Planning One of the first and most critical steps in achieving business financial success is creating a comprehensive financial plan.

Finance 116

Finance Strategy Succession Supply Chain 116

N2Growth Blog

APRIL 5, 2010

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.)

Contingency Plans 360

Contingency Plans Planning Blog Ryan 360

Strategy Driven

NOVEMBER 6, 2015

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”. Strategic Plan includes provisions for refinancing, equity and debt financing.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Strategy Driven

MAY 5, 2020

It is essential that you have at least one copy of all your relevant documents – insurance details, inventories, employee details, etc. They may be useful if you have to claim on your insurance as well. For both stick purposes and insurance purposes, an inventory is essential. Install security cameras. Talk to lenders.

Insurance 69

Insurance Contingency Plans Document Planning 69

Harvard Business Review

AUGUST 13, 2012

Simulations of security incidents were rehearsed, and contingency plans for mass evacuations or emergency situations were put in place. Risk mitigation is now integrated into decision-making and operations, and no longer treated as just an input into the calculation of insurance premiums.

Risk Management 14

Risk Management Management Committee Insurance 14

Harvard Business Review

NOVEMBER 9, 2012

This is a concept fundamental to finance but that, for some reason, has not migrated into supply chain risk management. The good news is that it is coming, little by little, as leading thinkers in industry, academics and the insurance/risk industry itself rethink this topic from top to bottom.

Supply Chain 8

Supply Chain Chief Procurement Officer Risk Management Management 8

Harvard Business Review

JUNE 20, 2017

While consumer spending has proven resilient, with same-store retail sales rising 6% YOY in April , most multinational corporations are developing contingency plans to mitigate risks to their businesses and reassessing the country’s role in their global market portfolio and supply chains. Renegotiating NAFTA.

Supply Chain 8

Supply Chain Depreciation Uncertainty Marketing 8