Remove Development Remove Efficiency Remove Scenario Planning Remove Technology
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. Yet, the rapid pace of technological evolution also embodies potent challenges.

article thumbnail

Board Performance Optimization: Beyond Compliance Towards Excellence

N2Growth Blog

The concept delves more deeply than mere regulatory compliance, stretching towards a proactive approach that involves risk anticipation, scenario planning, and sound decision-making processes. The primary step involves an objective assessment to determine operational efficiency and effectiveness.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How Organizations Can Thrive in the Digital Economy - SPONSOR CONTENT FROM KORN FERRY

Harvard Business Review

Organizations can now engage with customers and employees like never before, and the virtual environment holds the potential to drive operational efficiencies, save time and money, and open the exploration of new commercial avenues. Read more from Korn Ferry: How to Develop Leaders Who Can Drive Strategic Change. November 2016).

article thumbnail

An Exercise to Get Your Team Thinking Differently About the Future

Harvard Business Review

A way around this fallacy, we’ve found, is a speed-dating version of scenario planning, one that takes hours rather than months. For example, the group defined the education driver as “the degree to which US elementary through higher education has developed curricula to produce science and technical talent.”

article thumbnail

How to Think Like a Futurist

Strategy Driven

It’s about coming up with possible scenarios for the future given these developments. Futurists use tools that systematize these recommendations including scenario planning, environmental scanning, Delphi surveying, and individual software programs like Fibres, Futures Platform, and Athena.