Contingency planning and crisis management are not conflicting concepts but instead work in tandem. Contingency planning is the process of preparing for potential emergencies, while crisis management ...
PLAN WELL & EXECUTE: The importance of scenario and contingency planning in a disruptive environment
The new year is out of the gate and running. The plans are in place, resources are being deployed to be most effective, marketing is making its commitments and finance is in an overwatch position.
Many businesses do not even consider a contingency plan or realize the option exists and is a sound practice. Creating a plan is most often overlooked or forgotten when times are good and business is ...
Scenario planning helps businesses develop flexible strategies to deal with financial unpredictability. By mapping out different potential outcomes, companies can identify risks and opportunities ...
Event teams live in the future: always imagining how to turn event visions into reality. But the future is unpredictable, constantly threatening event organizers' aims to deliver a flawless experience ...
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