Development, Project and Scenario Planning

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

N2Growth Blog

APRIL 19, 2024

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.

Crisis Management

Crisis Management Crisis Management Uncertainty

Uncharted: How to Navigate the Future

Leading Blog

DECEMBER 15, 2020

We can develop scenarios to “identify and test how and where the future and the present meet.” Different from experiments that “reveal immediate internal features of a complex system, scenarios explore where the internal organization meets the external environment, where uncertainties lurk beyond anyone’s control.”.

How To

How To Scenario Planning Uncertainty Influence

Mindfulness as a Management Technique Goes Back to at Least the 1970s

Harvard Business Review

MAY 2, 2018

It first influenced business decades ago, through the development of an unmistakably hard skill that senior managers must master: strategic planning. Leaders today would be wise to learn from the past and to view strategic planning and mindfulness together. Planning well, in his estimation, required “training the mind.”

Scenario Planning

Scenario Planning Strategic Planning Kleiner Management

Farsighted: How We Make the Decisions That Matter the Most

Leading Blog

NOVEMBER 23, 2018

The art of making farsighted decisions “with as much wisdom as possible lies not in forcing that map to match some existing template, but instead in developing the kind of keen vision required to see the situation as it truly is. And the best way to develop that vision is to get different pairs of eyes on the problem.”

Cost-Benefit Analysis

Cost-Benefit Analysis Scenario Planning Storytelling Objective

Be Prepared for What You Don't See Coming

Harvard Business Review

NOVEMBER 1, 2011

Have you ever worked on a project that produced unexpected results ? To minimize their negative impact, there are two steps that managers can take: Plan ahead (as much as you can). Start all projects or change efforts with the conscious realization that there could be surprising outcomes. Test the waters.

Airlines

Airlines Supply Chain Scenario Planning Travel

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

Harvard Business Review

MARCH 28, 2017

Read more from Korn Ferry: How to Develop Leaders Who Can Drive Strategic Change. Agile businesses run planning and execution in parallel, investing in scenario planning so they can act promptly when opportunities arise. But for traditional firms, they’re a whole new world. They are also prepared to take risks.

Organization

Organization SPM Content Agility

The Olympics as a Story of Risk Management

Harvard Business Review

AUGUST 13, 2012

In the run-up to the London 2012 Olympics, for example, the global financial crisis caused private developers for the Olympic Village project to withdraw, requiring a refinancing package backed by government. These risks can emanate from the realm of security, public health, natural ecology, technology, or economics.

Risk Management

Risk Management Management Committee Insurance

The Potential and Pitfalls of Doing Business in Cuba

Harvard Business Review

MARCH 16, 2016

It uses two currencies, the convertible Peso (CUP) valued on par with the dollar and fully tradeable, and the Cuban Peso (CUC) valued at a rate of 24:1 with the dollar, which creates severe constraints for the development of Cuba’s export sector.

GDP

GDP Telecommunications Scenario Planning Travel

Navigating the Complexities of Doing Business in Russia

Harvard Business Review

MAY 29, 2017

We also hear from clients that more government projects are being eliminated, reducing opportunities for companies hoping to sell to the government. These can be laid out in scenario plans with specific mitigation actions assigned to help businesses react quickly if necessary. further sanctions, oil price drop, protests, etc.)

Policies

Policies Supply Chain Politics Operations

China’s Slowdown: The First Stage of the Bullwhip Effect

Harvard Business Review

SEPTEMBER 9, 2015

The essence of the phenomenon is the fact that each stage in the supply chain plans its capital projects and operations, including inventory levels, based on its future expectations. Companies should anticipate this trend and start developing “value pricing” and less expensive products.

Supply Chain

Supply Chain Retail Crisis Operations

Six Classes Your Employer Wishes You Could Take

Harvard Business Review

SEPTEMBER 5, 2013

Scenario planning is as essential for strategy formulation as it is for the design of next generation technologies and industries. Thinking in terms of scenarios forces people to rigorously examine fundamental assumptions and unexpected risks.

Class

Class Education Supply Chain Sports

The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 4 of 4

Strategy Driven

OCTOBER 25, 2013

Business development. The process of strategy development is not esoteric. Next comes Crisis Planning. What-if scenario planning is similar to the processes utilized in overall company strategic planning and visioning. The crisis plan must be part of the bigger process, not an adjunct or afterthought.

Crisis Management

Crisis Management Crisis Risk Management Budgeting

The Big Picture of Business: Putting Budgeting Into Perspective, The Bigger Picture of Strategic Planning

Strategy Driven

NOVEMBER 2, 2012

Business development. Have you done scenario planning of measures beyond your immediate control, i.e. external factors which profoundly impact your livelihood? Readily measurable values: Time and cost of product development-service delivery cycles. Speed, accuracy and efficiency of project fulfillment.

Strategic Planning

Strategic Planning Budgeting Planning Competitive Advantage

A Better Approach to Infrastructure Planning

Harvard Business Review

JULY 10, 2014

Why aren’t more projects underway? For proposed projects to gain traction, various stakeholders must be aligned; chief among these are the companies that rely on transportation systems to connect them to customers and suppliers, and the government planners responsible for building these trade arteries. We know in the U.S.

Planning

Planning Scenario Planning Transportation Workshop

Make Your Strategy More Agile

Harvard Business Review

OCTOBER 31, 2016

Originating from agile software development, the sprint has entered the business mainstream as an increasingly popular means to accelerate business model, product, or service innovation. But the sprint format isn’t just for development and design anymore. Can you run fast and go deep at the same time?

Agility

Agility Strategy Short-term Long-term

How Multinationals Should Be Planning for Brexit

Harvard Business Review

MAY 15, 2018

Once a company understands the broad exposure of Brexit on the business, it needs to form a team responsible for its strategic plan. Few companies can afford to dedicate staff full-time to this task, but a cross-functional working group for whom this is a special side project can be sufficient. Understand possible scenarios.

Planning

Planning Supply Chain Strategic Planning Workshop

Leadership Digital

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

Uncharted: How to Navigate the Future

Trending Sources

Mindfulness as a Management Technique Goes Back to at Least the 1970s

Farsighted: How We Make the Decisions That Matter the Most

Be Prepared for What You Don't See Coming

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

The Olympics as a Story of Risk Management

The Potential and Pitfalls of Doing Business in Cuba

Navigating the Complexities of Doing Business in Russia

China’s Slowdown: The First Stage of the Bullwhip Effect

Six Classes Your Employer Wishes You Could Take

The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 4 of 4

The Big Picture of Business: Putting Budgeting Into Perspective, The Bigger Picture of Strategic Planning

A Better Approach to Infrastructure Planning

Make Your Strategy More Agile

How Multinationals Should Be Planning for Brexit

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