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

N2Growth Blog

By utilizing machine learning to streamline processes and leveraging data analytics to gain a deeper understanding of customer behavior, digital tools provide innovative solutions to today’s economic challenges. As a business leader in 2024, it is no longer optional but rather absolutely essential to leverage these digital tools.

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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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4 Steps To Become An Aware Leader

The Horizons Tracker

Understand our threats and challenges – the third step requires us to have a better understanding of how decisions are made and whether the right systems and tools are in place to help us make wise decisions. Central to this is the ability to spot the threats and challenges that may stand in our way.

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Paul J.H. Schoemaker: A second interview by Bob Morris

First Friday Book Synopsis

Schoemaker is a pioneer in the field of decision sciences, among the first to combine the practical ideas of decision theory, behavioral economics, scenario planning, and risk management into a set of strategic decision-making tools for managers.

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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. Scenarios and Innovation.

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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. Moreover, influential leaders enhance performance by fostering an environment with innovation, learning, and growth.

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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.”