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5 Golden Rules for Managing Business Logistics

Strategy Driven

However, what’s arguably more important than proper planning is the ability to prepare for any potential situations where your plans don’t work. Unforeseen circumstances aren’t uncommon regardless of the type of business you operate. Focus on building solid relationships with third-party services.

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Great by Choice

Leading Blog

For their study, the authors chose a set of major companies that achieved spectacular results over 15 or more years while operating in unstable environments. Fear and worry is channeled into preparation, contingency plans, buffers and margins of safety. Empirical Creativity: Bold, creative moves from a sound empirical base.

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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. An inefficient operation results in unproductive activities which often miss the point and worse yet, result in wasted time and wasted resources.

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10 Communication Tips for Leaders

N2Growth Blog

Bonus - Always have a Plan B : Another component of communications strategy that is rarely discussed is how to prevent a message from going bad, and what to do when does. It’s called being prepared and developing a contingency plan. If your expertise, empathy, clarity, etc.

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The Element of Surprise Is a Bad Strategy for a Trade War

Harvard Business Review

This gave time for not only the public to weigh in – to potentially alter the scope of the protection – but also for businesses and workers to make contingency plans if trade barriers were ultimately enacted. President Trump may be using this tactic to avoid political pushback. Trump’s strategy is different.