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

N2Growth Blog

Technology, therefore, is not merely a convenient tool but an essential commodity that requires strategic allocation and management in the modern business landscape. Engaging in risk management and scenario planning is also paramount. It allows them to test different strategies and forecast potential outcomes.

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How Project Managers Can Better Navigate Setbacks

Harvard Business Review

Setbacks are common on projects — but project managers hold four key tools to understand why they happen and how to help their teams move past them. And fourth, scenario plan so that you have clear options for moving forward. First, understand the neuroscience behind setbacks to encourage people to learn and grow.

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

Harvard Business Review

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. Planning well, in his estimation, required “training the mind.”

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The Olympics as a Story of Risk Management

Harvard Business Review

A terrorist incident, a breakdown of the London rail system, power blackouts, volcanic ash clouds , flooding, an outbreak of infectious disease—the London organizing committee (LOCOG) and the International Olympic Committee (IOC) spent years thinking about every scenario they could imagine.

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4 Signs That Your Focus Is Holding You Back at Work

Harvard Business Review

They have to manage their brain’s energy demands , timing their work so that their energy levels peak only when necessary. This management of energy often requires switching between focus and unfocus. For example, you may be strategizing on a project that requires scenario planning.

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Be Prepared for What You Don't See Coming

Harvard Business Review

Have you ever worked on a project that produced unexpected results ? For example, sometimes when a senior manager makes a request, it causes a cascade of activity that is far beyond what she intended. To minimize their negative impact, there are two steps that managers can take: Plan ahead (as much as you can).

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Navigating the Complexities of Doing Business in Russia

Harvard Business Review

and European elections, to management of the Syrian War, it’s clear that relations between the West and Russia have become increasingly hostile. We also hear from clients that more government projects are being eliminated, reducing opportunities for companies hoping to sell to the government. Jennifer Maravillas for HBR.