N2Growth Blog

DECEMBER 16, 2023

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. It thoroughly emphasizes corporate social responsibility, adhering to ethical guidelines, and achieving strategic objectives.

Compliance 235

Compliance Efficiency Ethics Metrics 235

Strategy Driven

NOVEMBER 2, 2012

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. Does your strategic plan adequately describe what you do? How diverse is the planning committee?

Strategic Planning 70

Strategic Planning Budgeting Planning Competitive Advantage 70

Harvard Business Review

MAY 2, 2016

Practically speaking, can organizational leaders integrate mindfulness practices into strategic planning processes? It’s essential to step back and ask not only whether the team has identified the right plans or solutions but whether they have identified the right questions and problems in the first place.

Strategy 8

Strategy Goleman Strategic Planning Parcell 8

Harvard Business Review

OCTOBER 6, 2014

This isn’t a retread of scientific management , nor is it an updated take on scenario planning. To call it a new version of either, in fact, would be to overlook entirely the volume and scope of information that big data can provide and predictive analytics can crunch—in real time—for dynamic strategic purposes at the enterprise level.

Strategy 11

Strategy Scenario Planning Scientific Management Supply Chain 11

Harvard Business Review

OCTOBER 6, 2014

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. It’s an entirely different animal. Fire TV, Amazon Prime) and to stock its warehouses.

Strategy 8

Strategy Scenario Planning Scientific Management Supply Chain 8

Harvard Business Review

MAY 14, 2013

They''re a keystone of what we call a "future-back" approach to strategy, which unlike the "present forward" nature of most strategic-planning processes, doesn''t operate under the assumption that tomorrow will be pretty much like today, and the day after pretty much more of the same. Organizations should have their moonshots.

Scenario Planning 8

Scenario Planning Consensus Strategic Planning Innovation 8

Strategy Driven

OCTOBER 25, 2013

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. Finally comes Crisis Training. The military does, terming them “war games.”

Crisis Management 79

Crisis Management Crisis Risk Management Budgeting 79

Harvard Business Review

MAY 15, 2018

When it comes to planning, multinationals shouldn’t apply quick fixes to mitigate short-term operational risks (for instance, financial hedging to manage exchange rate fluctuations, or cursory assessment of distributors to evaluate their supply chains). Create a strategic Brexit team. Understand possible scenarios.

Planning 8

Planning Supply Chain Strategic Planning Workshop 8

Harvard Business Review

OCTOBER 31, 2016

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?

Agility 8

Agility Strategy Short-term Long-term 8

Strategy Driven

JANUARY 8, 2019

Futurists use tools that systematize these recommendations including scenario planning, environmental scanning, Delphi surveying, and individual software programs like Fibres, Futures Platform, and Athena. You can do this by reading a ton and consulting experts in your field about what they’re seeing.

Flextime 74

Flextime How To Scenario Planning Consultative 74