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

N2Growth Blog

Preparing your Business for Unexpected Market Shifts In this volatile and unpredictable economy, businesses must prioritize resilience by taking a proactive approach to strategic planning to ensure sustainability. Engaging in risk management and scenario planning is also paramount.

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A Practical Approach to Managing Workforce During COVID-19

HR Digest

Hiring managers must consider scenario planning to surmise all possible outcomes and device strategies to address each of these different possibilities. If the organization discovered that the production in their supply chain was disrupted, how would it impact the overall business outcomes? Use of tools.

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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. This strategy has significantly boosted its performance in technology and digital space, solidifying its position as a global market leader.

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China’s Slowdown: The First Stage of the Bullwhip Effect

Harvard Business Review

For the last two months, global supply chains have been experiencing the first stage of a bullwhip effect triggered by uncertainties about the severity of China’s economic slowdown. In the context of a normal economy with modest demand volatility, the bullwhip effect causes volatility to vary across the tiers of a supply chain.

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Create a Strategy That Anticipates and Learns

Harvard Business Review

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. The definition of a market, customer, partner, or even competitor is now a moving target.

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Navigating the Complexities of Doing Business in Russia

Harvard Business Review

Yet Russia remains an important part of most Western multinationals’ emerging markets portfolios. This environment is altering how multinational firms operate in the country and market their products. This has been beneficial for some Russian industries but has reduced market access for foreign firms.

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Create a Strategy That Anticipates and Learns

Harvard Business Review

In health care, these tools are changing the way doctors identify people at risk of developing certain diseases; in fashion, they crunch purchasing data to anticipate trends; sales and marketing experts use them to tailor ad campaigns. The definition of a market, customer, partner, or even competitor is now a moving target.