Harvard Business Review

FEBRUARY 22, 2017

But when we asked specifically about processes related to cybersecurity issues, such as regular discussions about cyber risks (with or without cybersecurity specialists) and management reviews of contingency plans for a data breach, directors gave their boards low marks.

Telecommunications 8

Telecommunications Health Care Contingency Plans Biotechnology 8

Harvard Business Review

NOVEMBER 12, 2012

But what about the impact on individual managers? Climate change doesn't just mean that governments and big companies will need to reassess their risk management, or make their infrastructure more resilient. The time to come up with contingency plans like these is not when hurricane force winds are bearing down on your city.

Planning 8

Planning Management Supply Chain Contingency Plans 8

Harvard Business Review

JUNE 29, 2016

Use the scenarios and sensitivities that you’ve identified to test the resilience of your current plans, highlight risks, formulate response options, build capabilities, and reflect the results in strategies and initiatives and in risk management. For example, a U.S. Run scenarios.

Uncertainty 9

Uncertainty Short-term Supply Chain Long-term 9

Strategy Driven

DECEMBER 9, 2016

There is no risk-free way of doing it. So, you should try to learn how to handle risks better. Your business will face all kinds of different risks. So, here are some of the extra steps you’ll need to take to keep your business safe when risks are involved. Running a company is risky business.

Insurance 50

Insurance Learning-by-Doing Planning Price 50

First Friday Book Synopsis

JULY 31, 2011

Surviving and Thriving in Uncertainty: Creating the Risk Intelligent Enterprise Frederick Funston and Stephen Wagner John Wilkey & Sons, Inc. 2010) Risk unmanaged is risk exacerbated I am among those who find a wealth of excellent advice every time I pick up my copy of The Art of War and re-read a passage or two [.].

Uncertainty 75

Uncertainty Review Books Advice 75

Harvard Business Review

FEBRUARY 7, 2018

Contingency plans must go beyond a natural disaster playbook. In addition, they need the ability to switch to manually controlled environments in case artificially intelligent systems have to be shut down and to recall faulty smart products.

Insurance 8

Insurance Contingency Plans Globalization Ethics 8

Harvard Business Review

MAY 3, 2011

An MBA student once asked me to give her a simple explanation of the "risk management function." After a few minutes of fumbling, I told her that risk management is the process of identifying, prioritizing, and mitigating the impact of unforeseen (and usually negative) events.

Risk Management 15

Risk Management Management Contingency Plans Reputation 15

Strategy Driven

MAY 5, 2020

You also need to have a contingency plan fr paying your staff – it is vital that you try to keep paying staff as normally as possible, as you may find that you do not have a workforce when you are back up and running. It is important to have a contact list accessible at all times.

Insurance 66

Insurance Contingency Plans Document Planning 66

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. Get Protected Against Cyber Attacks. One of the biggest threats to small businesses is cyber-security.

Insurance 65

Insurance Contingency Plans Norton Crisis 65

Harvard Business Review

APRIL 20, 2017

unilaterally pulls out of the Iran nuclear deal), building contingency plans, and diversifying their portfolio of markets. more competitive prices, more localized products) and improve their risk management and operational efficiency. Many companies are assessing their exposure to specific policy decisions (e.g.,

Depreciation 9

Depreciation Contingency Plans Policies Marketing 9

Harvard Business Review

DECEMBER 8, 2011

You can't cover every possible contingency, but having a set of options lined up in case things don't work out as expected is a basic rule of good risk management, entrepreneurship , negotiation, career planning, and all number of other endeavors.

Contingency Plans 14

Contingency Plans Crisis Politics GDP 14

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 9

Supply Chain Depreciation Uncertainty Marketing 9

Harvard Business Review

FEBRUARY 8, 2018

Top leaders tend to focus more on status updates than on contingency planning. They devote far more time to internal execution and competitive risks than to external risks that can change the playing field. This means that many emerging market risks get cut from the senior leadership agenda. miragec/Getty Images.

Market Risk 9

Market Risk Marketing Supply Chain Company 9