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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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How to Rapidly Resolve Crises in Your Business

Great Leadership By Dan

You’ve assembled them because a new crisis has arisen in the business: it might be a risk to your best customer, a production shutdown, or a new product release gone terribly awry. In my experience, most leaders in this situation begin soliciting ideas from their team on how to resolve the crisis. What’s your first step?

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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.” Addressing the AGM as the President for the second term, Kaushal said: “confronting the ‘New Abnormal’ is about creating a better tomorrow.

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The Leadership Response To Coronavirus

The Horizons Tracker

Many economists were predicting a global recession before the coronavirus crisis, but the prognosis now is even gloomier. Those still working on site are often arguably under even greater strain, whether those in our hospitals and health systems, or those in our food and retail supply chains.

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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.