Harvard Business Review

JUNE 30, 2017

However, there is a high level of uncertainty about the ultimate outcome and consequences for companies, in part because the effect could be offset or aggravated by how currency rates adjust. Successful companies thrive in uncertainty by incorporating change into their strategy. based companies. political upheaval.

Supply Chain 8

Supply Chain Hedge Uncertainty Automotive 8

HR Digest

MAY 2, 2019

I was at a conference recently and one of the speakers remarked that “Culture hedges against the risk of uncertainty.” We’re always looking for ways we can be a positive influence in the markets where we operate. That, I think gets to the heart of what the right culture can do.

Resources 40

Resources Human Resources Leadership Pipeline Learning-by-Doing 40

Harvard Business Review

MARCH 1, 2018

The recent price swings highlight a new era of uncertainty gripping the world’s energy markets. output comes from fracking operations that have cut costs dramatically since slumping prices in 2014 forced dozens of companies into bankruptcy. It makes price movements less extreme but also more difficult to predict. The soaring U.S.

Offshoring 9

Offshoring Price Transportation Long-term 9

Harvard Business Review

APRIL 20, 2016

The reason we wanted to do it separate is because, you have to realize that we needed to give them the flexibility and the operating structure to be able to be competitive with other technology and mobility services companies that move really fast. They can’t hedge, like Ford is doing. You want it separate but connected.

Christensen 8

Christensen Hedge Bureaucracy Innovation 8

Harvard Business Review

DECEMBER 17, 2013

Yet how do you actually do it, when life and livelihood generally depend on operating inside a box? Of course, the wisest among us will always hedge our forecasts with qualifiers such as “will likely” or “is apt to.” Managing uncertainty Strategy The Future of Management' We all prize it.

Groupthink 8

Groupthink Emotional Intelligence Learning-by-Doing Hedge 8

Harvard Business Review

MARCH 31, 2016

It both funds day-to-day operations and generates profits for the future. The three-box framework has challenged us to redesign the planning process, which would allow us to brainstorm Box 2 and Box 3 nonlinear initiatives in addition to undertaking Box 1 operational excellence initiatives. To be sure, the present is vitally important.

Innovation 8

Innovation Hedge Management Govindarajan 8

Harvard Business Review

JANUARY 23, 2012

How can RIM (and other companies in the same boat) chart effective strategy in uncertainty? Successful strategic planning requires: Defining challenges A frank dialogue about strategy in uncertainty will usually produce a range of opinions. Conceiving smart options Turbulent environments are characterized by uncertainty.

Strategy 14

Strategy CEO Strategic Planning Consensus 14

Harvard Business Review

DECEMBER 4, 2018

But in more sophisticated data operations, data-driven inspiration gets flagged for proper statistical follow-up. To this end, one way to spot a good analyst is that they use softened, hedging language. Nor are they a bad statistician, since they don’t deal at all with uncertainty, they deal with facts.

Organization 15

Organization Engineering Learning-by-Doing Storytelling 15

Harvard Business Review

MARCH 23, 2015

These aren’t mom and pop operations anymore. We now have entire conferences dedicated to the analytics of our business and our basketball operations. We have a global audience that has an unending thirst for mobile content, and a sophisticated CRM database that allows us to be a state-of-the-art marketing operation.

Price 8

Price Team Sports Franchising 8

Harvard Business Review

MARCH 24, 2017

What traditional investors don’t like about any of this is the regulatory uncertainty; the high valuations and over-capitalization; the lack of control over financials, strategy, and operations; and the lack of business use-cases.

Venture Capitalist 10

Venture Capitalist Due Diligence Finance Long-term 10

Harvard Business Review

SEPTEMBER 26, 2012

We rightfully add safety systems to things like planes and oil rigs, and hedge the bets of major banks, in an effort to encourage them to run safely yet ever-more efficiently. This, in turn, amplifies uncertainty when things go wrong, making crises harder to correct: Is that flashing alert signaling a genuine emergency?

Banking 8

Banking Crisis Hedge System 8

Harvard Business Review

MARCH 5, 2013

Adaptable systems make multiple copies of everything and modify the copies to hedge against uncertainty. He has turned commodity parts into a proprietary service, just as nature turns the massive redundancy of just four DNA bases into a dazzling array of unique ways to deal with risk and uncertainty. Redundancy.

Decentralization 8

Decentralization Real Estate Brand Uncertainty 8

Harvard Business Review

OCTOBER 19, 2012

By the end of the '80s, Bill Gates and Steve Ballmer had realized, through rigorous analysis, that Microsoft needed to abandon its still-struggling new operation system, Windows, because of a memory flaw. Sure enough, serendipity often is the story. They partnered up with IBM to develop OS/2 , and decimated the Windows team.

Succession 16

Succession Diversity Open-book Innovation 16

Harvard Business Review

NOVEMBER 11, 2016

One thing we can say with confidence is that uncertainty will remain high for some time in politics, macroeconomics, and business, at both global and national levels. To respond to this challenge, companies will need to become more sophisticated about strategy during uncertainty in five ways. Match Your Strategy to the Environment.

Strategy 9

Strategy Uncertainty Long-term Politics 9

Harvard Business Review

FEBRUARY 8, 2018

They did not spend as much time thinking about local events that have implications for their emerging market operations. Either candidate’s success could cause sufficient uncertainty for Brazilian businesses to put the brakes on investment plans. conflict in the Middle East or Africa renewing the migrant crisis in Europe.

Market Risk 8

Market Risk Marketing Supply Chain Company 8