Viewing entries tagged with 'contingency planning'
September 22, 2015
You’ve laid out a great strategy. You’ve done everything right. You made sure that all of the leadership team members were aligned around a common vision, culture, and strategy. You’ve communicated it consistently and continuously to all employees. You’ve made it clear how their work supports the delivery of that strategy. And you’ve created a culture of high engagement so that everyone is enrolled in achieving the vision and delivering on the strategy, exhibiting behaviors and attitudes that support your defined culture. And then it happens… A crisis hits. A competitor announces a surprise new product that will pose a serious threat to your market share. A supplier unexpectedly raises their prices, putting pressure on your margins. Or a key executive decides to join the competition.
Posted by Rick DeMarco at 11:00am