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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. In addition, the ability to streamline and automate many business processes reduces waste and increases adaptability.

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Mindfulness as a Management Technique Goes Back to at Least the 1970s

Harvard Business Review

Through his unique lens, he came to create what we know as scenario planning — a widely used strategic planning practice that now spans all sectors. An HBR contributor, he wrote two seminal articles about Shell and scenario planning in 1985. Planning well, in his estimation, required “training the mind.”

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What a Good Moonshot Is Really For

Harvard Business Review

Google''s moonshots include expansive projects like its driverless car and Google Glass efforts. At the heart of the future-back process is a consensus view of your company''s desired future state.This isn''t scenario planning, where you consider a range of possibilities. Innovation Strategy'

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How Organizations Can Thrive in the Digital Economy - SPONSOR CONTENT FROM KORN FERRY

Harvard Business Review

Agile businesses run planning and execution in parallel, investing in scenario planning so they can act promptly when opportunities arise. They launch several projects at once to see what works and what doesn’t, and then make rapid decisions about what to invest in and what to stop investing in. Connectivity.

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The Potential and Pitfalls of Doing Business in Cuba

Harvard Business Review

Under such a scenario, multinationals would see expanded opportunity across diverse sectors. Likewise, new infrastructure projects and new local businesses (helped by increased capital inflows) would generate demand for various products and services.

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Six Classes Your Employer Wishes You Could Take

Harvard Business Review

Scenario planning is as essential for strategy formulation as it is for the design of next generation technologies and industries. Thinking in terms of scenarios forces people to rigorously examine fundamental assumptions and unexpected risks. The kitchen can and should be a laboratory for innovation.

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Make Your Strategy More Agile

Harvard Business Review

Originating from agile software development, the sprint has entered the business mainstream as an increasingly popular means to accelerate business model, product, or service innovation. And how often have you crafted a meticulous three-year strategic plan, only to have it become obsolete after a few months, or even weeks?