N2Growth Blog

APRIL 19, 2024

Engaging in risk management and scenario planning is also paramount. It is important to create detailed emergency plans that cover various potential outcomes, such as supply chain disruptions, sudden shifts in demand, or regulatory changes.

Crisis Management 337

Crisis Management Crisis Management Uncertainty 337

Harvard Business Review

AUGUST 30, 2017

Not Operating at Your Peak. For example, you may be strategizing on a project that requires scenario planning. To simulate the scenario and possible outcomes, you can’t be too rigid. This kind of scenario planning will take your mind off constant focus but also prepare your brain to reach your goals.

Scenario Planning 12

Scenario Planning Self-aware Energy Short-term 12

Harvard Business Review

NOVEMBER 1, 2011

Have you ever worked on a project that produced unexpected results ? To minimize their negative impact, there are two steps that managers can take: Plan ahead (as much as you can). Start all projects or change efforts with the conscious realization that there could be surprising outcomes.

Airlines 12

Airlines Supply Chain Scenario Planning Travel 12

Harvard Business Review

AUGUST 13, 2012

In the run-up to the London 2012 Olympics, for example, the global financial crisis caused private developers for the Olympic Village project to withdraw, requiring a refinancing package backed by government. Ensuring readiness for Games-time (in Olympic-speak) now involves strategic pre-emption through stress-testing and scenario planning.

Risk Management 15

Risk Management Management Committee Insurance 15

Harvard Business Review

MAY 29, 2017

Interestingly, all these intrusions into business operations typically do not come from the Kremlin but from local officials who seem eager to gain the Kremlin’s favor amid instances of elevated international tensions. This environment is altering how multinational firms operate in the country and market their products.

Policies 9

Policies Supply Chain Politics Operations 9

Harvard Business Review

SEPTEMBER 9, 2015

The essence of the phenomenon is the fact that each stage in the supply chain plans its capital projects and operations, including inventory levels, based on its future expectations. Macroeconomic data during the 2008 financial crisis show the bullwhip effect operating on a much broader scale. For example , U.S.

Supply Chain 8

Supply Chain Retail Crisis Operations 8

Harvard Business Review

MARCH 28, 2017

Organizations can now engage with customers and employees like never before, and the virtual environment holds the potential to drive operational efficiencies, save time and money, and open the exploration of new commercial avenues. This age is ripe with opportunity. They are also prepared to take risks. Connectivity.

Organization 8

Organization SPM Content Agility 8