article thumbnail

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

N2Growth Blog

There is friction between globalization and regional autonomy, a conflict between the desire for sustainability and the lure of rapid development, ongoing political uncertainties, and the ever-increasing impact of digital technology. These factors are redefining the shape of the global economic terrain.

article thumbnail

Strategies for Overcoming Crisis in The Hospitality Industry

Strategy Driven

Every organisation is likely to face a crisis now and again. Predicting what a crisis will entail is impossible in many situations – but it’s how a team prepares and responds that can dictate whether and to what degree a business recovers. Periodically reviewing plans is one important strategy for managing crisis.

Crisis 122
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Connection Between Inequality, Economic Decline, And Political Populism

The Horizons Tracker

. “Times arise when national unity is needed, like we’re seeing now with COVID-19, but we shouldn’t wait for a public health crisis or war to bring people together,” the researchers say. This was evident after both the Great Depression and the Global Financial Crisis. ” Cultural evolution.

article thumbnail

The Leaders Our Companies Need: Lessons We Can Learn from Historical Luminaries

Leading Blog

How leaders operated within, or pushed against, the constraints of their time illustrate characteristics of responsibility, vision, sacrifice, and more. Responsibility to the People: FDR and the Great Depression History shows us that truly important leaders emerge in times of crisis.

Company 271
article thumbnail

Adaptive Logistics: Agility in Supply Chain Management for Industry Giants

Strategy Driven

Staying Solid in Rough Times Be it an earthquake, worldwide health crisis, or political differences, a supply chain that can roll with the punches maintains operations. Being robust in the face of a crisis can save a company from major financial losses and keep its good name in the market.

article thumbnail

Leadership & Political Correctness | N2Growth Blog

N2Growth Blog

OXYMORON …Great leaders are not politically correct, but they are politically savvy – there is a difference. Putting political agendas and peer pressure aside (as great leaders do), leaders should not make their choices based upon public opinion. Their responsibility is to be correct; not politically correct.

Politics 375
article thumbnail

What the Best Leaders Do

Lead Change Blog

In a crisis, leaders are required to create models and draw conclusions while operating with imperfect and incomplete data. Keep digging until you fully understand all aspects of this crisis. The political and medical leaders have influenced and inspired many people (not all) to make the required changes.

Crisis 295