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

N2Growth Blog

Preparing your Business for Unexpected Market Shifts In this volatile and unpredictable economy, businesses must prioritize resilience by taking a proactive approach to strategic planning to ensure sustainability. Engaging in risk management and scenario planning is also paramount.

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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.

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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. This age is ripe with opportunity.

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Living in a Radical State of Uncertainty

Harvard Business Review

Old efficiency thinking based on engineering and rational market models needs to be replaced by a creative intelligence based on imagining, building and managing new futures. They need to be embraced by leaders to enable them to deal with a world of radical uncertainty.

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

Harvard Business Review

It reached a peak on June 12 and then proceeded to lose over 40% of its value by the end of August despite efforts by the Chinese government to prop up the market. This performance, combined with policies of the Chinese government, led investors to believe that future growth would be ever higher, creating the stock-market bubble.

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

Strategy Driven

Have you done scenario planning of measures beyond your immediate control, i.e. external factors which profoundly impact your livelihood? Adjustments must be periodically made to target markets, definition of terms and modification of strategies. Values in terms of efficiencies: Meantime between new product introductions.

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How to Think Like a Futurist

Strategy Driven

Being a futurist means paying attention to new patterns or trends that are slowly percolating up through the market and/or society that have the potential to catch on in a major way. It’s about coming up with possible scenarios for the future given these developments.