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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

Let’s explore the purpose of executive leadership training, the benefits it brings to organizations and how to measure its impact in the long-term. This includes assessing the potential impact of external factors, such as changes in the regulatory environment, and developing contingency plans to mitigate these risks.

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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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Should Leaders Go on Vacation?

Harvard Business Review

Time away while accumulating new experiences can stimulate imagination and support innovation. Are there continuity, backup, and contingency plans? Even in quiet times, there's a chance for mischief or missteps if leaders leave a vacuum, with no one clearly in charge and lack of clarity about how to operate.

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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. We called this bonding “tent time.”

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10 Communication Tips for Leaders

N2Growth Blog

It is critical that you know how to cut to the chase and hit the high points, and that you expect the same from others. Knowing how to work a room and establish credibility, trust and rapport are keys to successful interactions. It’s called being prepared and developing a contingency plan.

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