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. Engaging in risk management and scenario planning is also paramount.

article thumbnail

Five Leadership Lessons from the Garden

Lead Change Blog

Bring products to market at the wrong time or introduce an idea without understanding timing and the “garden” can quickly resemble a piece of scorched earth. Leaders face “El Niños”: market downturns, a coup in Africa, airline strikes, terrorist attacks. Scenario planning allows you to think out—in advance—various options.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Crisis Management: The Ultimate Test of a Leader | In the CEO.

In the CEO Afterlife

Separately, but on the same topic, a question for you, John: How do you feel about “scenario planning” exercises as a way to try to imagine and think through the most probable crises that may confront a particular company or organization? link] #branding #marketing #advertising #design Follow Me on Twitter.

article thumbnail

A Practical Approach to Managing Workforce During COVID-19

HR Digest

Based on their work experience in the new role, they can inform the HR from an outsider’s perspective what skills a candidate needs from day one and what skills can be provided through proper training & development. In the current scenario, even if the organization is doing well, workers may feel threatened about their job security.

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. This strategy has significantly boosted its performance in technology and digital space, solidifying its position as a global market leader.

article thumbnail

Create a Strategy That Anticipates and Learns

Harvard Business Review

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. The definition of a market, customer, partner, or even competitor is now a moving target.

article thumbnail

Create a Strategy That Anticipates and Learns

Harvard Business Review

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. The definition of a market, customer, partner, or even competitor is now a moving target.