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”. Payables plan is annually updated, with realistic, measurable goals.

Succession 50

Succession Strategic Planning Budgeting Goal 50

Harvard Business Review

FEBRUARY 7, 2018

Like they have for extreme weather and natural disasters, companies can begin to establish international protocols and standards to govern AI not just within their own walls, but also to put in place processes to work with other companies, insurers, and policymakers. Intelligent Device Recovery Plans. They should.

Insurance 8

Insurance Contingency Plans Globalization Ethics 8

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.

Insurance 86

Insurance Contingency Plans Document Planning 86

Strategy Driven

MAY 29, 2020

While you can’t completely insulate yourself from every single eventuality, there are steps you can take to ensure that you have the right insight and contingency plans in place should the worst happen. Getting the right insurances for your business should never be an area where you cut corners.

Insurance 73

Insurance Contingency Plans Norton Crisis 73

Harvard Business Review

OCTOBER 25, 2016

For example, I recently learned that the chief security officer (CSO) of a large insurance company was spending much of his time, and millions of dollars, securing the company’s dealer network, a disparate group of thousands of brokers who have a direct relationship with policy holders.

Contingency Plans 8

Contingency Plans Risk Management Insurance Business Model 8

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

higher capital costs, business continuity insurance, dual-tooling in manufacturing) and the latter refers to costs that are not always visible or recorded but exist nonetheless (opportunity costs of not entering a risky market, concentration risk in the supply base, reduced valuations, etc.).

Supply Chain 8

Supply Chain Chief Procurement Officer Risk Management Management 8

Harvard Business Review

FEBRUARY 22, 2017

banking & financial services, insurance, real estate); Healthcare (e.g., The industry breakdowns were determined using eight major sectors (similar to those in the Global Industry Classification Standard system): Consumer Discretionary (e.g., food, beverage & tobacco, household and personal products); Energy & Utilities (e.g.,

Telecommunications 8

Telecommunications Health Care Contingency Plans Biotechnology 8

Harvard Business Review

NOVEMBER 20, 2017

Some have been highly publicized (YouTube, Nest, Google Glass, Motorola phones, Google Fiber, self-driving cars); others are less well known (grocery delivery, photo sharing, online car insurance comparison). In a world where the best laid plans can go awry, companies that react quickly and effectively come out on top.

Execution 8

Execution Strategy Contingency Plans Company 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

Strategy Driven

MARCH 4, 2017

You can’t stop that from happening, but you can make sure you have the contingency plans in place so that you’re able to handle any temporary setbacks relating to stock and so forth. It’ll also bring more extreme weather, so making sure you have business insurance and cloud storage will be essential. Predicting The Changes.

Contingency Plans 50

Contingency Plans Software Trends Innovation 50