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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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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. Without proper planning, businesses risk operational disruptions, financial losses, and a negative impact on customer relations.

Tips 108
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Strategies for Successful Business Finance

Strategy Driven

Effective financial management is a cornerstone of successful business operations. 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.

Finance 107
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Business Practices For The Agricultural Industry

Strategy Driven

Some of the latest technologies in agriculture include precision farming, which uses GPS and other data to manage crops more effectively; drones, which are used for crop mapping and surveillance; and robotics, which are beginning to be used for tasks such as picking fruit. Plan For The Future. Diversify Your Market.

Industry 105
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The Big Picture of Business – Business Success Checklist

Strategy Driven

When you own and operate a business you need to have certain procedures for an efficient and seamless function. Sometimes the difficulty of managing your time makes for a haphazard operation. Plan for the future. When your business has contingency plans for future scenarios you will seldom be caught by surprise.

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10 Technology Problems Modern Business Owners Have To Deal With

Strategy Driven

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. Modern businesses need cybercrime deterrent solutions to maintain the security of operations. VII: Transitioning To And Maximizing The Mobile Market.

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What It Was Like to Be a Manager in Ukraine

Harvard Business Review

In my former position as Managing Director of Philip Morris Ukraine where I was based from January 2012 until February 2015, I was forced to see it as a business crisis that threatened our people, operations, and bottom line. Indeed, Ukraine’s troubles offered an opportunity to build the leadership capacity of my management team.

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