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

N2Growth Blog

Digital technology has become a guiding light in these uncertain times, taking on a more prominent role in companies’ strategic plans. Engaging in risk management and scenario planning is also paramount. This shift to digital technologies is crucial for businesses to weather economic uncertainty.

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Scenario Mapping Your Life

The Horizons Tracker

Scenario planning was first popularized by Herman Khan in the 1950s at the RAND corporation as a way to describe the future by outlining various ways in which it could potentially unfold. ” Scenarios of your life. It’s an approach that futurist April Rinne believes can equally be applied to our careers.

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Exploring Alternate Futures Can Help Identify Future Leaders

N2Growth Blog

Scenarios and scenario-based planning are widely recognized as valuable tools in setting organizations’ visions and strategies. Shell is the most famed for their scenarios and their process for developing them and using them. Those who know scenario planning know that its value isn’t in “predicting the future.”

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The Window of Corporate Innovation Opportunity

Innovation Excellence

Let me share with you a key learning from my innovation work in and with diverse companies over the years. In brief, this notion can be delineated as follows: Sustainable, effective and impactful corporate innovation. One issue has been on my mind for quite some time. It can be termed pretty catchy as: Window of Corporate Opportunity.

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4 Steps To Become An Aware Leader

The Horizons Tracker

It’s often been argued that innovation progresses one funeral at a time, and there may be things in your own organization that need to die in order for you to start making smarter decisions. Central to this is the ability to spot the threats and challenges that may stand in our way.

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CIOs: Scenario Planning Can Save Your Job

Harvard Business Review

It''s the rare CIO who applies scenario planning to the business of IT. Yet, in a function driven by innovation and the uncertainties surrounding the application and implication of future technologies, not using scenarios is tantamount to management malpractice. Creating More Resilient Plans.

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How to Overcome Strategic Leadership Challenges

Center for Creative Leadership

This turbulence creates a pressure on the organization as a whole, and leaders in particular, who are responsible for guiding the way through change and innovation. Carefully developed long term plans can become obsolete overnight as we face futures that are undeniably different than what we anticipated. Influence strategically.