HR Digest

OCTOBER 7, 2020

This is practical when certain teams or units at the organization are moving rather slowly, and thus, giving them the desired space to give up a team member to a different unit. Hiring managers must consider scenario planning to surmise all possible outcomes and device strategies to address each of these different possibilities.

Management 98

Management Supply Chain Crisis Scenario Planning 98

Center for Creative Leadership

JUNE 22, 2020

As a strategic leader, you must be able to offer guidance that allows people to make sense of the encompassing world and collective challenges, and also explain how the team as a whole will face them. The Importance of Strategic Leadership Today.

Leadership 106

Leadership How To Long-term Short-term 106

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. The strength of governance can be significantly amplified with the employment of a dedicated leadership team.

Compliance 235

Compliance Efficiency Ethics Metrics 235

Harvard Business Review

JANUARY 23, 2015

A way around this fallacy, we’ve found, is a speed-dating version of scenario planning, one that takes hours rather than months. Obviously, a brief workshop like this one shouldn’t be used to shape strategy; that requires true scenario planning.

Kahneman 8

Kahneman Scenario Planning Pharmaceuticals Workshop 8

CO2

JANUARY 2, 2011

The Empathy Map looks like this: In this chapter the authors walk you through processes to arrive a enhanced design like Customer Insights, ideation, providing an introduction to the value of visual thinking, how to use prototyping, story telling, and Scenario Planning.

Business Model 141

Business Model Executive Coaching Execution Blog 141

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. Information & technology Leadership Strategy'

Strategy 11

Strategy Scenario Planning Scientific Management Supply Chain 11

Harvard Business Review

JUNE 15, 2018

A typical “tower” is actually a physical room staffed with a team of data analysts that works full-time, 24/7, monitoring a wall of high definition screens. Similarly, a steel company built a customized scenario-planning tool into its control tower platform that increases supply chain responsiveness and resilience.

Supply Chain 8

Supply Chain Management Retail Technology 8

Harvard Business Review

JUNE 7, 2017

This requires scenario planning, thoughtful modeling of potential outcomes, an assessment of management’s capacity to drive transformational change in the business, and board capacity to choose and incentivize a competent management team.

Tips 8

Tips Supply Chain Proposal Decentralization 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

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.

Strategy 8

Strategy Scenario Planning Scientific Management Supply Chain 8

Harvard Business Review

NOVEMBER 1, 2011

To minimize their negative impact, there are two steps that managers can take: Plan ahead (as much as you can). One way to reinforce this assumption is to engage in scenario planning before pulling the trigger, preferably by engaging people who will be affected by the change. Test the waters.

Airlines 12

Airlines Supply Chain Scenario Planning Travel 12

Harvard Business Review

MAY 29, 2017

These can be laid out in scenario plans with specific mitigation actions assigned to help businesses react quickly if necessary. Second, firms should strengthen their government affairs teams to stay ahead of any regulatory changes. Then, firms need to think through the types of political and macroeconomic events (e.g.

Policies 8

Policies Supply Chain Politics Operations 8

Harvard Business Review

MAY 15, 2018

Create a strategic Brexit team. Once a company understands the broad exposure of Brexit on the business, it needs to form a team responsible for its strategic plan. Individuals on this cross-functional team should work together to thoroughly analyze Brexit’s possible impact on the business.

Planning 8

Planning Supply Chain Strategic Planning Workshop 8

Harvard Business Review

AUGUST 13, 2012

Even before the official opening of London 2012, a mix-up with the flag for the North Korean women's football team had organizers scrambling to resolve a diplomatic spat. Since the 1980s, however, Games organizing committees have increasingly invested in teams and systems dedicated to the management of risk through internal controls.

Risk Management 15

Risk Management Management Committee Insurance 15

Harvard Business Review

SEPTEMBER 5, 2013

Scenario planning is as essential for strategy formulation as it is for the design of next generation technologies and industries. Thinking in terms of scenarios forces people to rigorously examine fundamental assumptions and unexpected risks. Luck matters but so do the data-driven odds.

Class 9

Class Education Supply Chain Sports 9

Harvard Business Review

FEBRUARY 2, 2015

Teams consistently outperform individuals. Teamwork also helped the super forecasters, who after Year 1 were put on teams with each other. These super-teams were unique in one other way: as time passed, most teams became more divided in their opinions, as participants became entrenched in their beliefs.

Open-book 8

Open-book Participative Sample Training 8

Harvard Business Review

MAY 2, 2016

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. Google’s Chade-Meng Tan , has developed dozens of such workplace meditation modules that could fit neatly into planning retreats.

Strategy 8

Strategy Goleman Strategic Planning Parcell 8

Harvard Business Review

JUNE 20, 2017

Many of the companies we work with that have operations in Mexico have taken up scenario planning to prepare for a range of potential economic and political changes in the country that could affect their businesses. Navigating the Next Two Years in Mexico.

Supply Chain 8

Supply Chain Depreciation Uncertainty Marketing 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. The crisis teams need to be prepared.

Crisis Management 76

Crisis Management Crisis Risk Management Budgeting 76

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