Five Leadership Lessons from the Garden

Lead Change Blog

Scenario planning, a strategy first employed by Royal Dutch Shell, brings experts from a wide range of fields together to discuss actions if different scenarios take place. Scenario planning allows you to think out—in advance—various options. Leadership Development Gardening leadership lessons ManagementThe flowers that are in full bloom are wonderful. The weeds that have taken over one corner are terrible.

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. In their annual survey on the management and planning tools used by thousands of companies around the world, Bain and Company show a consistent and deserved popularity of scenario planning.

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Uncharted: How to Navigate the Future

Leading Blog

We can develop scenarios to “identify and test how and where the future and the present meet.” Scenario planning always surfaces conflict and there is always a moment when everything seems to fall apart. P REDICTION has never been easy – or that accurate.

How To 324

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

Harvard Business

It first influenced business decades ago, through the development of an unmistakably hard skill that senior managers must master: strategic planning. Leaders today would be wise to learn from the past and to view strategic planning and mindfulness together. Pierre Wack, who was head of Group Planning at Royal Dutch/Shell in the 1970s, studied meditation extensively with teachers in Asia and, later, with the famous 20th-century mystic G.I.

Farsighted: How We Make the Decisions That Matter the Most

Leading Blog

Engaging in scenario planning or gaming is not to make accurate predictions, but “the very act of trying to imagine alternatives to the conventional view helps you perceive your options more clearly.” With the decision mapped, the options identified, and the scenarios panned, it’s time to decide. Of Related Interest: Where is the Wisdom We Have Lost in Knowledge? * * * Like us on Instagram and Facebook for additional leadership and personal development ideas. * * *.

A Practical Approach to Managing Workforce During COVID-19

HR Digest

At the heart of any organization’s talent management strategy is headcount planning to ensure that it has the right number of talent with the right skills. In the current scenario, even if the organization is doing well, workers may feel threatened about their job security.

Crisis Management: The Ultimate Test of a Leader | In the CEO.

In the CEO Afterlife

Leadership. by John • September 12, 2011 • Human Resources , Leadership , Strategy • 4 Comments. You’d think a company drilling on the ocean’s floor would be adept in risk management planning. Whether Hayward was a part of a risk management plan or not, the guy failed at the moment his employees, his shareholders, his fellow human beings and the planet needed him most. Leadership. In the CEO Afterlife. Main menu Home. Branding.

The Big Picture of Business – Achieving the Best by Preparing for the Worst: Lessons Learned from High-Profile Crises, part 4 of 4

Strategy Driven

Next comes Crisis Planning. What-if scenario planning is similar to the processes utilized in overall company strategic planning and visioning. The crisis plan must be part of the bigger process, not an adjunct or afterthought. Crisis planning and strategies should be intertwined with security issues, financial goals, workforce empowerment and many other corporate dynamics. Have a plan in force, and be sure that every employee has a copy.

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

Harvard Business

This revealed five essential leadership and organizational capabilities: discipline and focus, agility, connectivity, openness and transparency, and empowerment and alignment. Agile businesses run planning and execution in parallel, investing in scenario planning so they can act promptly when opportunities arise. Image courtesy of Korn Ferry. We live in a digital economy: a virtual environment that has changed the rules of doing business and made disruption the norm.

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Make Your Strategy More Agile

Harvard Business

Sure, the value of an in-depth discovery phase; comprehensive, quantitative, and qualitative research; stakeholder interviews; scenario planning; and alignment are undisputed. 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? Can you run fast and go deep at the same time?

The Big Picture of Business: Putting Budgeting Into Perspective, The Bigger Picture of Strategic Planning

Strategy Driven

Budgets get more attention than the umbrellas under which they rightfully belong: Strategic Planning and Visioning. By itself, Budgeting does not constitute full-scope planning and business strategy. Questions to follow in Budgeting as part of Strategic Planning and Visioning processes include: Does this process increase your accountability to funding sources and to the public? Does your strategic plan adequately describe what you do?

The Death of Supply Chain Management

Harvard Business

Real-time data, unquestioned accuracy, relentless customer focus, process excellence, and analytical leadership underlie the control tower operations of these retail operations. Similarly, a steel company built a customized scenario-planning tool into its control tower platform that increases supply chain responsiveness and resilience. Alistair Berg/Getty Images. The supply chain is the heart of a company’s operations.

Persevering Through Extreme Uncertainty

Harvard Business Review

Scenario planning is impossible. Gender Informal leadership Leadership Managing uncertaintyWhat does it take to be a corporate trailblazer? I recently found an answer to this question in an unexpected place — talking to three Afghan women in downtown Kabul. The first woman founded a large Afghani news agency several years ago. Her home was subsequently bombed multiple times by those who would prefer that the country's reality not be presented to the world.

Mindfulness Can Improve Strategy, Too

Harvard Business

Mindfulness meditation — the practice of cultivating deliberate focused attention on the present moment – has caught on as a way to bring focus, authenticity, and intention to the practice of leadership. Practically speaking, can organizational leaders integrate mindfulness practices into strategic planning processes? So how can organizations bring more space to strategic planning? But it’s also possible to build mindfulness directly into planning exercises.

Create a Strategy That Anticipates and Learns

Harvard Business Review

The restaurant chain, Olive Garden, uses predictive analytics to guide its food buying and retail staffing plans. This isn’t a retread of scientific management , nor is it an updated take on scenario planning. Scientific management and scenario planning, while forward-thinking, rely on information that’s in the rear view mirror. The company uses these insights to drive—and adapt—strategic plans for new device and service offerings (e.g.,

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The G-20 is 2011's Biggest Political Risk

Harvard Business Review

No country or bloc seems to want to take on the burden of global leadership. 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.