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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. A classic example is Google, which has continuously exemplified high-functioning governance and performance optimization.

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

Harvard Business Review

For the last two months, global supply chains have been experiencing the first stage of a bullwhip effect triggered by uncertainties about the severity of China’s economic slowdown. In the context of a normal economy with modest demand volatility, the bullwhip effect causes volatility to vary across the tiers of a supply chain.

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Create a Strategy That Anticipates and Learns

Harvard Business Review

Consider, for example, the work that Apple is doing with Epic (an electronic health record provider for hospitals and large medical groups). This isn’t a retread of scientific management , nor is it an updated take on scenario planning. The definition of a market, customer, partner, or even competitor is now a moving target.

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Be Prepared for What You Don't See Coming

Harvard Business Review

For example, sometimes when a senior manager makes a request, it causes a cascade of activity that is far beyond what she intended. One way to reinforce this assumption is to engage in scenario planning before pulling the trigger, preferably by engaging people who will be affected by the change.

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Create a Strategy That Anticipates and Learns

Harvard Business Review

Consider, for example, the work that Apple is doing with Epic (an electronic health record provider for hospitals and large medical groups). This isn’t a retread of scientific management , nor is it an updated take on scenario planning. That strategy in real-time, or even more aptly, strategy that anticipates and learns.

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Living in a Radical State of Uncertainty

Harvard Business Review

As a result, the risk-reward ratios that we take for granted, such tight global supply chains, may no longer make sense. For example, in Japan, the utility company believed its nuclear problem was water — not enough water to cool the reactors and ponds. It's not a matter of training to choose option "A" or "B."

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Navigating the Complexities of Doing Business in Russia

Harvard Business Review

For example, in 2014, at the onset of the sharp deterioration in U.S.-Russian At the same time, multinationals are feeling pressured by the state to demonstrate their commitment to the market by further localizing their supply chain, labor, brand, and production. ” Similarly, hours after the U.S.