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Crisis Management in the Digital Age: Lessons for 2024’s Unpredictable Economy

N2Growth Blog

Engaging in risk management and scenario planning is also paramount. It is important to create detailed emergency plans that cover various potential outcomes, such as supply chain disruptions, sudden shifts in demand, or regulatory changes. This will serve as a safety net for the business.

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A Practical Guide To Leaders Prepare For The Next Global Crisis

Tanveer Naseer

If I were to ask your employees if your organization is ready to navigate the next global crisis, what would they say? As much as we’d like to think we’re prepared for whatever crisis comes our way, the pandemic and subsequent global supply chain crises clearly proved many organizations are. Click to continue reading

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4 Game-Changing Insights Every Leader Must Know About AI

Lead from Within

The technology is poised to infiltrate various aspects of business operations, from data analysis and customer interactions to supply chain management and decision-making processes. Leaders should proactively explore how AI can augment their operations, leading to more efficient processes and improved outcomes.

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Updates from the CMI Sri Lanka Board

Chartered Management Institute

These five steps will help you to manage them effectively [Article] [Change Management] The anatomy of a big decision “It was the biggest decision of my life.”

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How to Rapidly Resolve Crises in Your Business

Great Leadership By Dan

If you have a supply chain problem, go to the site and record in detail what’s going on. Pull up data that describes the pattern of the problem, or go to the site of the problem and get familiar with it. If you have unhappy customers, listen in depth to what they’re saying. Stay on target.

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What happens when business as usual is impossible?

Coaching Tip

For instance, people don’t warehouse parts anymore,” says Ken Burris, chief executive officer of Witt Associates, a crisis management consultancy. But when there’s that hiccup in the supply chain, they’d better have multiple contingencies in place, or work stops.” They rely on just-in-time delivery.

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Yes, You Can Predict Supply-Chain Disasters

Harvard Business Review

The disruptions to everything from gasoline supplies to the deliveries of merchandise for the holiday shopping season caused by Hurricane Sandy have demonstrated that our ability to forecast weather events has outpaced our ability to forecast supply-chain disasters. The governments of other countries should do the same.