Navigating the Complexities of Doing Business in Russia

Harvard Business

This will likely continue to make business planning even more difficult. These can be laid out in scenario plans with specific mitigation actions assigned to help businesses react quickly if necessary. To preempt any operational disruptions, some clients have chosen to provide the financing to distributors themselves, so they are still able to purchase and then sell products from our clients. Jennifer Maravillas for HBR.

Mindfulness Can Improve Strategy, Too

Harvard Business

Practically speaking, can organizational leaders integrate mindfulness practices into strategic planning processes? As UCLA’s Richard Rumelt, a leading expert on strategic planning, writes in his book Good Strategy, Bad Strategy , one of the quintessential components of good strategy is the ability to take a step out of the internal storyline and shift viewpoints. So how can organizations bring more space to strategic planning? FERIDUN AKGÜNGÖR.


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The G-20 is 2011's Biggest Political Risk

Harvard Business Review

We're in the midst of an international currency war," Guido Mantega , Brazil's Finance Minister, said last September. For example, when it comes to preparation for a possible showdown involving North Korea, there has been no discussion or scenario planning between American and Chinese top brass — not a recipe for good crisis management. David Gordon is the head of research at Eurasia Group and former director of policy planning at the U.S.

The Olympics as a Story of Risk Management

Harvard Business Review

A terrorist incident, a breakdown of the London rail system, power blackouts, volcanic ash clouds , flooding, an outbreak of infectious disease—the London organizing committee (LOCOG) and the International Olympic Committee (IOC) spent years thinking about every scenario they could imagine. Simulations of security incidents were rehearsed, and contingency plans for mass evacuations or emergency situations were put in place.

ExxonMobil’s Shareholder Vote Is a Tipping Point for Climate Issues

Harvard Business

Such a move might create inertia for some companies and investors if they see it as evidence that “business as usual” is now the most likely climate scenario. We witnessed a monumental event in a shareholder resolution calling on ExxonMobil, the world’s biggest publicly listed energy company, to disclose the impact on its business under a 2-degree scenario. Last week the world listened as Donald Trump announced, ‘We are out,’ proclaiming the U.S.

What a Changing NAFTA Could Mean for Doing Business in Mexico

Harvard Business

While consumer spending has proven resilient, with same-store retail sales rising 6% YOY in April , most multinational corporations are developing contingency plans to mitigate risks to their businesses and reassessing the country’s role in their global market portfolio and supply chains. If he wins with only a narrow victory, as seems likely, his administration would have a limited mandate for populist reforms that would severely damage foreign investment flows and public finances.

4 Strategies for Women Navigating Office Politics

Harvard Business Review

Gail was in her fifth year at a large finance firm when she recognized a disconcerting pattern. Let planning trump politics. An intrepid energy industry executive we know takes a novel, planning-based approach to managing politics, and we’ve taught the same method to many female executives over the years. To inject some predictability into the most crucial of organizational interactions, he uses scenario planning to map out strategies.